NIFTY 22225.35 BANK 47724.90

Concord Biotech Limited
Share Price Target & Analysis

NSE:CONCORDBIO

1491.86

VWAP

1506.00

Open

1503.3

Close

1515.00

High

1485.00

Low

1725.00

52 Week High

1489.00 ⇩
-14.30 (-0.95%)

CONCORDBIO

(Miscellaneous)
76% Momentum

Trending & Favourite

741.00

52 Week Low

28.77

EPS

46.42

PE

12.06

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: CONCORDBIO Share Price Financial Analysis & Valuation

Concord Biotech Limited (CONCORDBIO) is broadly categorized in Miscellaneous segment industry which deals in Biotechnology & Medical Research vertical. It is one of Mid Cap company with Market Capitalization of Rs 0 (in Cr). Total number of free float shares are 0 (in Lacs). Concord Biotech Limited is listed on NSE with Exchange ID - INE338H01029 and trading code is NSE:CONCORDBIO with short name Concord Biotech.

In the past 1 year, Concord Biotech Limited has declared an equity dividend of Rs 0 per share. At the current share price of CONCORDBIO at Rs 1489.00, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:CONCORDBIO, it is clearly understood that CONCORDBIO is Economical performer in terms of earnings and profit margins with an EPS of 28.77. NSE:CONCORDBIO book value per share as of today is 123.50. The current price to book ratio for CONCORDBIO as of May 15, 2024 is 12.06.

Valuation of the Stock: The current valuation of CONCORDBIO stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of CONCORDBIO whether to BUY this stock at current valuation. The delivery percentage of CONCORDBIO is 43.72% is very crucial parameter which shows that 43.72% investors are anticipating that the price of CONCORDBIO share should go up with VWAP at 1491.86.

Now, the main question is whether to BUY or SELL, NSE:CONCORDBIO at current valuation.
As per latest Analysis No. #2012:-

⇑ STRONG BUY CONCORDBIO if All Greens

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

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

⇘ SELL CONCORDBIO if NO Green Indicator

NSE: CONCORDBIO Share Price Today (May 15, 2024)

(Concord Biotech Limited Daily Analysis on the basis of CONCORDBIO Intraday Graph & Trend)

Concord Biotech Limited share price moved Down by -0.95% from its previous close of Rs 1503.3. CONCORDBIO stock last traded price is 1489.00. CONCORDBIO share price trend is Down with a total of 31231 stocks traded till now. It has touched an intraday high of Rs 1515.00 and an intraday low of Rs 1485.00. The CONCORDBIO trading at 1489.00, Down by Rs. -14.30, or -0.95 percent which suggests that most of the Traders are anticipating that the price of CONCORDBIO share should go Down.

NSE: CONCORDBIO Share Price Tomorrow Prediction

(Concord Biotech Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CONCORDBIO)

Concord Biotech Limited share price moved Down by -0.95%. CONCORDBIO share price short term trend is Down. It suggests that CONCORDBIO Share Price for Tomorrow remains the same with VWAP at 1491.86 will be treated as stop loss for intraday traders. Concord Biotech Limited Long term investors can follow the CONCORDBIO long term trend as mentiond in future forecast table.

NSE Code

NSE: CONCORDBIO

CONCORDBIO Share Price Today

 1489.00

CONCORDBIO Share Price Target Prediction for 2024 ^

 1187.2 - 1733.5

CONCORDBIO Share Price Target Prediction for 2025*^

 1733.5 - 1846.8

CONCORDBIO Share Price Target Prediction for 2026*^

 1846.8 - 1976.1

CONCORDBIO Share Price Target Prediction for 2027*^

 2075

CONCORDBIO Share Price Target Prediction for 2028*^

 2134

CONCORDBIO Share Price Target Prediction for 2030*^

 2326
CONCORDBIO Current Book Value 2023
122.9

*Concord Biotech Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^CONCORDBIO 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.

CONCORDBIO Technical Analysis (In Process... .. .)


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Most popular Questions & Answers about CONCORDBIO


Concord Biotech Limited stock last traded price is 1489.00. CONCORDBIO share price moved Down by -0.95% from its previous close of Rs 1503.3.

Concord Biotech Limited share price trend is Down with a total of 31231 stocks traded till now. It has touched an intraday high of Rs 1742.25 and an intraday low of Rs 1485.00. The CONCORDBIO trading at 1489.00, Down by Rs. -14.30, or -0.95 percent which suggests that most of the Traders are anticipating that the price of CONCORDBIO share should go Down and the Stop Loss will be around 1491.86.

The market cap of Concord Biotech Limited is ₹0 (in Cr) as of May 14, 2024.

The current price to earning ratio for Concord Biotech Limited as of May 14, 2024 is 46.42.

The current price to book ratio for Concord Biotech Limited as of May 14, 2024 is 12.06.

The highest price of Concord Biotech Limited stock is ₹1725.00 in the last 52-week.

The lowest price of Concord Biotech Limited stock is ₹741.00 in the last 52-week.

Concord Biotech Limited share trading at ₹1489.00, Down by Rs. -14.30, or -0.95 percent which suggests that most of the traders are anticipating that the price of CONCORDBIO share should go Down.

In 2023, Stock price target for Concord Biotech Limited (CONCORDBIO) are ₹1187.2 on downside and ₹1733.5 on upside. Concord Biotech Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Concord Biotech Limited (CONCORDBIO) are ₹1733.5 on downside and ₹1846.8 on upside. Concord Biotech Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Concord Biotech Limited (CONCORDBIO) are ₹1846.8 on downside and ₹1976.1 on upside. Concord Biotech Limited 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 Concord Biotech Limited (CONCORDBIO) will be around ₹2134 Concord Biotech Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of CONCORDBIO.

As per the fundamental analysis of Concord Biotech Limited (CONCORDBIO), it is of Economical quality in terms of earnings and profit margins with an EPS of 28.77. Concord Biotech Limited book value per share as of today is 123.50. The current price to book ratio for CONCORDBIO as of May 15, 2024 is 12.06.


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


Peer Comparison of NSE: CONCORDBIO

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

Sector: Biotechnology & Medical Research

Company Price EPS BV
WINDLAS 531.95 25.31 193.57
CONCORDBIO 1489.00 28.77 123.5
Updated at: 15 May 2024 10:33

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