Biocon Ltd. shares decline 1.57% as Sensex slides

A total of 53,187 shares changed hands on the counter till 12:09PM (IST)

Biocon Ltd. shares  decline  1.57% as Sensex  slides
Shares of the Biocon Ltd. traded at Rs 401.0 on BSE at 12:09PM (IST) on Friday, down 1.57 per cent from previous close.

The stock quoted a 52-week low price of Rs 211.3 and a high of Rs 455.0.

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


A total of 53,187 lakh shares changed hands on the counter till 12:09PM (IST).

The stock of Biocon Ltd. commands a market value of Rs 48234.0 crore.

The stock traded at a price-to-earning (P/E) multiple of 69.77, while the price-to-book value ratio stood at 6.53. Return on equity (ROE) was at 11.15 per cent, according to exchange data.
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In the BSE500 pack, 332 stocks traded in the green, while 168 stocks were in the red.

Promotor Holding
Promoters held 39.75 per cent in the Biocon Ltd. as of 30-Jun-2020 while foreign portfolio investors and domestic institutional investors owned 15.93 per cent and 4.69 per cent, respectively.
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