Biocon Ltd. shares decline 0.51% as Sensex climbs

Biocon Ltd. shares decline 0.51% as Sensex climbs
ETMarkets.com
Share
Font Size
Save
Comment
Synopsis

A total of 125,297 shares changed hands on the counter till 02:13PM (IST)

Getty Images
In effect, financial markets are betting that there is some reasonable approximation of normal on some foreseeable horizon.

INSIGHTS

Read Stock Insights by ET for a quick analysis

PEER COMPANIES

Explore Now
Shares of the Ltd. traded at Rs 397.7 on BSE at 02:13PM (IST) on Friday, down 0.51 per cent from previous close.

The scrip quoted a 52-week low price of Rs 268.2 and a high of Rs 487.7.

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

A total of 125,297 lakh shares changed hands on the counter till 02:13PM (IST).

The stock of Biocon Ltd. commands a market value of Rs 47784.0 crore.

The stock traded at a price-to-earning (P/E) multiple of 78.24, while the price-to-book value ratio stood at 4.84. Return on equity (ROE) was at 11.15 per cent, according to exchange data.

In the BSE500 pack, 397 stocks traded in the green, while 103 stocks were in the red.

Promotor Holding
Promoters held 39.75 per cent in the Biocon Ltd. as of 31-Dec-2020 while foreign and domestic institutional investors owned 17.65 per cent and 3.05 per cent, respectively.

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

ETPrime stories of the day

Read before you invest. Insights on Biocon Ltd.. Explore Now