Shutterstock.comShares of Ltd. fell 0.34 per cent to Rs 349.55 in Monday's trade as of 01:37PM (IST) even as the benchmark Nifty ruled at 17868.95, up 197.3 points.
The scrip had closed at Rs 350.75 in the previous session. The stock quoted a 52-week low of Rs 314.9 and a high of Rs 487.7. The company quoted a market-cap of Rs 42111.05 crore on the BSE.
On BSE, 60,850 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 65.34 times its trailing 12-month EPS of Rs 5.37 per share and 6.51 times its book value. The return on equity (ROE) stood at Rs 9.83.
Key Financials
For the quarter ended 30-Sep-2021, Biocon Ltd. reported consolidated sales of Rs 1945.3 crore, up 10.51 per cent from the same quarter a year ago. The company reported 18.31 per cent YoY de-growth in net profit at Rs 138.3 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
The scrip had closed at Rs 350.75 in the previous session. The stock quoted a 52-week low of Rs 314.9 and a high of Rs 487.7. The company quoted a market-cap of Rs 42111.05 crore on the BSE.
On BSE, 60,850 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 65.34 times its trailing 12-month EPS of Rs 5.37 per share and 6.51 times its book value. The return on equity (ROE) stood at Rs 9.83.
Key Financials
For the quarter ended 30-Sep-2021, Biocon Ltd. reported consolidated sales of Rs 1945.3 crore, up 10.51 per cent from the same quarter a year ago. The company reported 18.31 per cent YoY de-growth in net profit at Rs 138.3 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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