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Biocon Ltd.
Share Price Target & Analysis

NSE:BIOCON

307.41

VWAP

310.50

Open

306.4

Close

314.70

High

300.85

Low

314.70

52 Week High

306.15 ⇩
-0.25 (-0.08%)

BIOCON

(PHARMA)
86.7% Momentum

Trending & Favourite

217.50

52 Week Low

15.96

EPS

56.59

PE

3.37

PB

Standard
Quality

Silver
Valuation

#Analysis

NSE: BIOCON Share Price Financial Analysis & Valuation

Biocon Ltd. (BIOCON) is broadly categorized in PHARMA segment industry which deals in Pharmaceuticals vertical. It is one of Large Cap company with Market Capitalization of Rs 43024.8 (in Cr). Total number of free float shares are 60 (in Lacs). Biocon Ltd. is listed on NSE with Exchange ID - INE376G01013 and trading code is NSE:BIOCON with short name Biocon.

Biocon Ltd. is good enough to Outperformed the market. BIOCON gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Biocon Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, Biocon Ltd. has declared an equity dividend of Rs 1.5 per share. At the current share price of BIOCON at Rs 306.15, this results in a dividend yield of 0.49 %.

As per the Fundamental Analysis of NSE:BIOCON, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine BIOCON underlying value and future prospects. All of this data is available in BIOCON financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:BIOCON, it is clearly understood that BIOCON is Standard performer in terms of earnings and profit margins with an EPS of 15.96. NSE:BIOCON book value per share as of today is 90.91. The current price to book ratio for BIOCON as of Apr 29, 2024 is 3.37.

Valuation of the Stock: The current valuation of BIOCON stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of BIOCON whether to BUY this stock at current valuation. The delivery percentage of BIOCON is 49.67% is very crucial parameter which shows that 49.67% investors are anticipating that the price of BIOCON share should go up with VWAP at 307.41.

Now, the main question is whether to BUY or SELL, NSE:BIOCON at current valuation.
As per latest Analysis No. #2788:-

⇑ STRONG BUY BIOCON if All Greens

⇗ BUY BIOCON (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD BIOCON (With Stop Loss) if only 1 Green

⇘ SELL BIOCON if NO Green Indicator

NSE: BIOCON Share Price Today (Apr 29, 2024)

(Biocon Ltd. Daily Analysis on the basis of BIOCON Intraday Graph & Trend)

Biocon Ltd. share price moved Down by -0.08% from its previous close of Rs 306.4. BIOCON stock last traded price is 306.15. BIOCON share price trend is Down with a total of 17313094 stocks traded till now. It has touched an intraday high of Rs 314.70 and an intraday low of Rs 300.85. The BIOCON trading at 306.15, Down by Rs. -0.25, or -0.08 percent which suggests that most of the Traders are anticipating that the price of BIOCON share should go Down.

NSE: BIOCON Share Price Tomorrow Prediction

(Biocon Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BIOCON)

Biocon Ltd. share price moved Down by -0.08%. BIOCON share price short term trend is Down. It suggests that BIOCON Share Price for Tomorrow remains the same with VWAP at 307.41 will be treated as stop loss for intraday traders. Biocon Ltd. Long term investors can follow the BIOCON long term trend as mentiond in future forecast table.

NSE Code

NSE: BIOCON

BIOCON Share Price Today

 306.15

BIOCON Share Price Target Prediction for 2024 ^

 255.7 - 316.3

BIOCON Share Price Target Prediction for 2025*^

 316.3 - 336.9

BIOCON Share Price Target Prediction for 2026*^

 336.9 - 360.5

BIOCON Share Price Target Prediction for 2027*^

 379

BIOCON Share Price Target Prediction for 2028*^

 389

BIOCON Share Price Target Prediction for 2030*^

 424
BIOCON Current Book Value 2023
90.5

*Biocon Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^BIOCON share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

BIOCON Technical Analysis

Candlestick Pattern: @265.25

BIOCON Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 272.53 SELL 270.8 SELL
MA_12 268.82 SELL 268.92 SELL
MA_20 262.89 BUY 268.02 SELL
MA_32 267.52 SELL 267.92 SELL
MA_50 271.11 SELL 267.59 SELL
MA_100 267.17 SELL 265.18 BUY
MA_200 258.65 BUY 261.37 BUY

BIOCON Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 262.89 Uptrend
MACD 1.32 BUY
ADX 18.41 NO or Weak Trend
DMI (+/-) 21.24 / 19.31 Uptrend

BIOCON Momentum Oscillators

BUY (1) NEUTRAL (7) SELL (4)
Momentum Oscillators Value Action
RSI 47.83 Neutral
STOCHASTIC_K (Fast) 21.23 Neutral
STOCHASTIC_D (Slow) 42.15 Neutral
CCI -16.33 Neutral
PSAR 260.96 BUY
TRUE RANGE 11.9 SELL
ATR 9.11 SELL
WILLIAMS R -51.65 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 40.16 Neutral
MOMENTUM -5.1 SELL

BIOCON Last 1 Year Trend

Duration Value
1 Year 22.8%
3 Months -5.67%
1 Month -1.89%
1 Week -2.1%

BIOCON Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 27%
NEUTRAL / HOLD 27%
SELL 47%

Most popular Questions & Answers about BIOCON


Biocon Ltd. stock last traded price is 306.15. BIOCON share price moved Down by -0.08% from its previous close of Rs 306.4.

Biocon Ltd. share price trend is Down with a total of 17313094 stocks traded till now. It has touched an intraday high of Rs 317.847 and an intraday low of Rs 300.85. The BIOCON trading at 306.15, Down by Rs. -0.25, or -0.08 percent which suggests that most of the Traders are anticipating that the price of BIOCON share should go Down and the Stop Loss will be around 307.41.

The market cap of Biocon Ltd. is ₹43024.8 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for Biocon Ltd. as of Apr 28, 2024 is 56.59.

The current price to book ratio for Biocon Ltd. as of Apr 28, 2024 is 3.37.

The highest price of Biocon Ltd. stock is ₹314.70 in the last 52-week.

The lowest price of Biocon Ltd. stock is ₹217.50 in the last 52-week.

Biocon Ltd. share trading at ₹306.15, Down by Rs. -0.25, or -0.08 percent which suggests that most of the traders are anticipating that the price of BIOCON share should go Down.

In 2023, Stock price target for Biocon Ltd. (BIOCON) are ₹255.7 on downside and ₹316.3 on upside. Biocon Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Biocon Ltd. (BIOCON) are ₹316.3 on downside and ₹336.9 on upside. Biocon Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Biocon Ltd. (BIOCON) are ₹336.9 on downside and ₹360.5 on upside. Biocon Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Biocon Ltd. (BIOCON) will be around ₹389 Biocon Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of BIOCON.

As per the fundamental analysis of Biocon Ltd. (BIOCON), it is of Standard quality in terms of earnings and profit margins with an EPS of 15.96. Biocon Ltd. book value per share as of today is 90.91. The current price to book ratio for BIOCON as of Apr 29, 2024 is 3.37.


NSE:BIOCON News & Other Useful Information about BIOCON Share Price


Peer Comparison of NSE: BIOCON

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Pharmaceuticals

Company Price EPS BV
SUNPHARMA 1522.00 4.04 98.98
DIVISLAB 3989.25 51.37 478.6
MEDICAMEQ 583.00 11.2 151.58
CIPLA 1408.00 42.04 305.16
DRREDDY 6271.00 238.57 1227.38
PGHH 4735.05 189.8 447.64
TORNTPHARM 2698.00 34.45 187.49
BIOCON 306.15 15.96 90.91
LUPIN 1637.45 45.22 403.99
ALKEM 4887.00 140.26 781.99
Updated at: 29 Apr 2024 16:03

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