Buy Biocon, target Rs 668: Kunal Bothra
Buy Biocon Ltd. at a price target of Rs 668.0 and a stop loss at Rs 622 from entry point.
The current market price of Biocon is Rs 636.50.
Time period given by the analyst is 'Intra Day' when Biocon price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 622.
Biocon, incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 37,374 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.
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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