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

Shares of Ltd. slipped 0.16 per cent to Rs 394.95 in Tuesday’s trade as of 01:43PM (IST).

The stock hit a high price of Rs 396.7 and low of Rs 392.4 during the session.

The return on equity (ROE) for the stock stood at 11.15 per cent. Traded volume on the counter stood at 01:43PM shares and turnover at Rs 4.43 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 320.9, 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 121.34 per cent stake in the company as of 31-Mar-2021, while foreign investors held 33.58 per cent and domestic institutional investors had 13.28 per cent.

Key Financials

The company reported consolidated sales of Rs 1878.9 crore for the quarter ended 31-Dec-2020, up 6.74 per cent from previous quarter’s Rs 1760.3 crore and up 5.33 per cent from the year-ago quarter’s Rs 1783.9 crore.

Net profit after tax for the latest quarter stood at Rs 168.6 crore, down 16.86 per cent from the same quarter a year ago.

Source Link