Buy Biocon, target Rs 625: Manas Jaiswal

Buy Biocon Ltd. at a price target of Rs 625.0 and a stop loss at Rs 594 from entry point.

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Manas Jaiswal recommended to keep a stop loss at Rs 594.
Manas Jaiswal of manasjaiswal.com has a buy call on Biocon with a target price of Rs 625.

The current market price of Biocon is Rs 602.75.

Time period given by the analyst is 'Intra Day' when Biocon price can reach defined target.


Manas Jaiswal recommended to keep a stop loss at Rs 594.

Biocon, incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 36165.00 Crore) operating in Pharmaceuticals and health care sector.

The company’s top management includes Dr.Arun Chandavarkar, Dr.Jeremy Levin, Dr.Vijay Kuchroo, Mr.Daniel M Bradbury, Mr.John Shaw, Mr.Kiran Mazumdar Shaw, Mr.M Damodaran, Mr.Mary Harney, Mr.Russel Walls, Prof.Ravi Mazumdar.
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Company has B S R & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 600,000,000 shares outstanding.
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