What is the future of Biocon share?

What is the future of Biocon share?

Biocon trend for this month is positive, which means Biocon target predictions on upside have a better chance. Biocon targets for this month are 350.81, 364.17 on the upside, and 317.4, 267.28 on the downside.

Will Biocon share price go up?

Biocon Limited quote is equal to 315.450 INR at 2022-06-28. Based on our forecasts, a long-term increase is expected, the “BIOCON” stock price prognosis for 2027-06-21 is 467.430 INR. With a 5-year investment, the revenue is expected to be around +48.18%.

Is Biocon debt free?

The company has significantly decreased its debt by 0.70 Cr. Company is virtually debt free.

Is Biocon good share to buy?

ICICI Direct has buy call on Biocon with a target price of Rs 390. The current market price of Biocon Ltd. is Rs 332.9. Time period given by analyst is one year when Biocon Ltd.

Why Biocon shares are falling?

Biocon share price: Biocon shares traded lower on Wednesday on dull brokerage commentary after subsidiary Biocon Biologics entered into a definitive agreement with Viatris to acquire the US-based company’s biosimilars business.

What is a stop loss order?

A stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A buy stop order is entered at a stop price above the current market price.

Is Biocon a good company?

Is Biocon a good company to work for? Biocon has an overall rating of 3.8 out of 5, based on over 883 reviews left anonymously by employees. 76% of employees would recommend working at Biocon to a friend and 71% have a positive outlook for the business. This rating has been stable over the past 12 months.

Is there any news in Biocon?

Biocon Biologics expects big gains from integration of Viatris business, SII deal. Biocon Biologics in March entered into a definitive agreement to acquire Viatris’ biosimilars assets for $3.34 billion. It will pay Viatris $2 billion in cash at the closing of the deal, and another $335 million in 2024.

What is intrinsic value of Biocon?

Biocon Limited

How much was the shares capital of Biocon at the time of establishment?

Biocon was founded in 1978 with Rs. 10,000 as the initial capital.

What is debt to equity ratio of Biocon?

5.97. 3.08. Total Debt/Equity (X) 0.01.

What is the target of Biocon?

Synopsis. Biocon, incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 44314.15 crore) operating in Pharmaceuticals sector. ICICI Direct has hold call on Biocon with a target price of Rs 380. The current market price of Biocon is Rs 372.4.

Which share to buy now?

Stocks to Buy Today: Best Shares to Buy in India

What is stop loss in share?

A stop-loss order is an order placed with a broker to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed to limit an investor’s loss on a security position. For example, setting a stop-loss order for 10% below the price at which you bought the stock will limit your loss to 10%.

What is the market share of Nykaa in India?

Nykaa currently has a 28.6 percent market share in the Indian online beauty and personal care market, as per ICICI Securities estimates.

What does Biocon Foundation do?

Biocon Foundation is committed to improving lives and empowering the underserved communities for a better tomorrow. The Foundation’s fundamental purpose is to make a positive and lasting impact on the health and education of these communities, to inspire the development of a knowledge-based sustainable society.