Biocon Share Price: Biocon shares rise 0.6% as Sensex slides

Shares of the Ltd. traded at Rs 386.35 on BSE at 12:13PM (IST) on Friday, up 0.6 per cent from previous close.

The scrip quoted a 52-week low price of Rs 363.3 and a high of Rs 487.7.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 16,238 lakh shares changed hands on the counter till 12:13PM (IST).

The stock of Biocon Ltd. commands a market value of Rs 46319.15 crore.

The stock traded at a price-to-earning (P/E) multiple of 68.57, while the price-to-book value ratio stood at 6.51. Return on equity (ROE) was at 9.83 per cent, according to exchange data.

In the BSE500 pack, 311 stocks traded in the green, while 189 stocks were in the red.

Promotor Holding

Promoters held 60.64 per cent in the Biocon Ltd. as of 30-Jun-2021 while overseas and domestic institutional investors owned 16.52 per cent and 6.93 per cent, respectively.

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