The counter had a total traded volume of 11:43AM shares so far with a turnover of Rs 2.32 crore on BSE. The stock traded at a price-to-earnings multiple of 60.87 and a price-to-book ratio of 6.51.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Biocon Ltd. belongs to the Pharma – Indian industry.
Promotor/FII Holding
Promoters held 60.64 per cent stake in the company as of 30-Sep-2021, while foreign investors and domestic institutional investors ownership stood at 16.3 per cent and 6.88 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 1807.8 crore for the quarter ended 30-Jun-2021, down 11.56 per cent from the previous quarter’s Rs 2044.1 crore and down 7.0 per cent from the year-ago quarter’s Rs 1689.6 crore.
Its profit for the latest quarter stood at Rs 84.4 crore, down 43.51 per cent from the same quarter a year ago.
