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Biocon Ltd is up for a third straight session today. The stock is quoting at Rs 241.25, up 1.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.71% on the day, quoting at 20276.75. The Sensex is at 67486.34, up 0.74%. Biocon Ltd has gained around 8.79% in last one month.
Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has gained around 9.75% in last one month and is currently quoting at 16238.9, up 0.25% on the day. The volume in the stock stood at 22.54 lakh shares today, compared to the daily average of 30.68 lakh shares in last one month.
The benchmark December futures contract for the stock is quoting at Rs 242.6, up 1% on the day. Biocon Ltd is down 14.92% in last one year as compared to a 8.45% jump in NIFTY and a 24.4% jump in the Nifty Pharma index.
The PE of the stock is 476.9 based on TTM earnings ending September 23.
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