Biocon Share Price: Share price of Biocon rises as Nifty strengthens

Shares of Ltd. gained 0.9 per cent to Rs 398.9 in Friday’s trade as of 12:29PM (IST).

The stock hit a high price of Rs 399.75 and low of Rs 394.45 during the session.

The return on equity (ROE) for the stock stood at 9.7 per cent. Traded volume on the counter stood at 12:29PM shares and turnover at Rs 1.48 crore around that time.

The stock of Biocon Ltd. quoted a 52-week high and 52-week low prices of Rs 487.7 and Rs 363.3, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.98.

Promotor/FII Holding

Promoters held 60.67 per cent stake in the company as of 31-Mar-2021, while overseas investors held 16.79 per cent and domestic institutional investors had 6.64 per cent.

Key Financials

The company reported consolidated sales of Rs 2044.1 crore for the quarter ended 31-Mar-2021, up 8.79 per cent from previous quarter’s Rs 1878.9 crore and up 24.33 per cent from the year-ago quarter’s Rs 1644.1 crore.

Net profit after tax for the latest quarter stood at Rs 253.2 crore, up 105.19 per cent from the same quarter a year ago.

Source Link