Biocon Share Price: Biocon shares rise 1.68% as Sensex slides

Shares of the Ltd. traded at Rs 390.75 on BSE at 10:36AM (IST) on Tuesday, up 1.68 per cent from previous close.

The stock quoted a 52-week low price of Rs 320.9 and a high of Rs 487.7.

Earlier, the stock saw a gap down opening in the morning.

A total of 58,205 lakh shares changed hands on the counter till 10:36AM (IST).

The stock of Biocon Ltd. commands a market value of Rs 46872.0 crore.

The stock traded at a price-to-earning (P/E) multiple of 63.3, while the price-to-book value ratio stood at 4.84. Return on equity (ROE) was at 9.7 per cent, according to exchange data.

In the BSE500 pack, 305 stocks traded in the green, while 194 stocks were in the red.

Promotor Holding

Promoters held 60.67 per cent in the Biocon Ltd. as of 31-Mar-2021 while foreign portfolio investors and domestic institutional investors owned 16.79 per cent and 6.64 per cent, respectively.

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