Biocon Ltd drops for fifth straight session

Capital Market 

The stock is quoting at Rs 621.65, down 0.63% on the day as on 13:29 IST on the NSE. Ltd jumped 78.29% in last one year as compared to a 14.97% rally in and a 12.46% fall in the Pharma index.

Ltd fell for a fifth straight session today. The stock is quoting at 621.65, down 0.63% on the day as on 13:29 IST on the NSE. The benchmark is down around 0.04% on the day, quoting at 10711.55. The Sensex is at 35210.4, up 0.01%.Ltd has gained around 0.34% in last one month.Meanwhile, index of which is a constituent, has increased around 0.16% in last one month and is currently quoting at 8774.4, down 0.25% on the day. The volume in the stock stood at 6.53 lakh shares today, compared to the daily average of 23.89 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 623.95, down 0.61% on the day. jumped 78.29% in last one year as compared to a 14.97% rally in NIFTY and a 12.46% fall in the index.

The PE of the stock is 157.05 based on earnings ending March 18.

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First Published: Tue, May 08 2018. 13:36 IST