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Biocon Ltd.
Share Price Target & Analysis

NSE:BIOCON

306.17

VWAP

314.00

Open

310.9

Close

315.00

High

299.45

Low

315.00

52 Week High

305.20 ⇩
-5.70 (-1.83%)

BIOCON

(PHARMA)
85.6% Momentum

Trending & Favourite

217.50

52 Week Low

15.96

EPS

56.95

PE

3.36

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 305.20, 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 May 03, 2024 is 3.36.

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 306.17.

Now, the main question is whether to BUY or SELL, NSE:BIOCON at current valuation.
As per latest Analysis No. #2806:-

⇑ 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 (May 03, 2024)

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

Biocon Ltd. share price moved Down by -1.83% from its previous close of Rs 310.9. BIOCON stock last traded price is 305.20. BIOCON share price trend is Down with a total of 9554032 stocks traded till now. It has touched an intraday high of Rs 315.00 and an intraday low of Rs 299.45. The BIOCON trading at 305.20, Down by Rs. -5.70, or -1.83 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 -1.83%. BIOCON share price short term trend is Down. It suggests that BIOCON Share Price for Tomorrow remains the same with VWAP at 306.17 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

 305.20

BIOCON Share Price Target Prediction for 2024 ^

 255.8 - 316.6

BIOCON Share Price Target Prediction for 2025*^

 316.6 - 337.2

BIOCON Share Price Target Prediction for 2026*^

 337.2 - 360.8

BIOCON Share Price Target Prediction for 2027*^

 379

BIOCON Share Price Target Prediction for 2028*^

 390

BIOCON Share Price Target Prediction for 2030*^

 425
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: @306.15

BIOCON Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 294.79 BUY 295.64 BUY
MA_12 278.97 BUY 283.38 BUY
MA_20 275.9 BUY 278.72 BUY
MA_32 269.25 BUY 274.68 BUY
MA_50 271.66 BUY 272.43 BUY
MA_100 270.92 BUY 268.42 BUY
MA_200 259.89 BUY 263.19 BUY

BIOCON Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 301.1 OverBought
MACD 4.29 BUY
ADX 25.56 Strong Trend
DMI (+/-) 40.79 / 11.21 Uptrend

BIOCON Momentum Oscillators

BUY (9) NEUTRAL (3) SELL (0)
Momentum Oscillators Value Action
RSI 71.01 Overbought
STOCHASTIC_K (Fast) 84.27 Overbought
STOCHASTIC_D (Slow) 89.54 Overbought
CCI 174.62 BUY
PSAR 263.33 BUY
TRUE RANGE 13.85 Neutral
ATR 10.48 Neutral
WILLIAMS R -15.59 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 98.13 Overbought
STOCHASTIC RSI D 99.38 Overbought
MOMENTUM 48.45 BUY

BIOCON Last 1 Year Trend

Duration Value
1 Year 32.59%
3 Months 11.75%
1 Month 18.8%
1 Week 12.91%

BIOCON Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 90%
NEUTRAL / HOLD 10%
SELL 0%

Most popular Questions & Answers about BIOCON


Biocon Ltd. stock last traded price is 305.20. BIOCON share price moved Down by -1.83% from its previous close of Rs 310.9.

Biocon Ltd. share price trend is Down with a total of 9554032 stocks traded till now. It has touched an intraday high of Rs 318.15 and an intraday low of Rs 299.45. The BIOCON trading at 305.20, Down by Rs. -5.70, or -1.83 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 306.17.

The market cap of Biocon Ltd. is ₹43024.8 (in Cr) as of May 02, 2024.

The current price to earning ratio for Biocon Ltd. as of May 02, 2024 is 56.95.

The current price to book ratio for Biocon Ltd. as of May 02, 2024 is 3.36.

The highest price of Biocon Ltd. stock is ₹315.00 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 ₹305.20, Down by Rs. -5.70, or -1.83 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 ₹255.8 on downside and ₹316.6 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 ₹316.6 on downside and ₹337.2 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 ₹337.2 on downside and ₹360.8 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 ₹390 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 May 03, 2024 is 3.36.


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 1507.10 4.04 98.98
DIVISLAB 3938.10 51.37 478.6
MEDICAMEQ 541.20 11.2 151.58
CIPLA 1424.75 42.04 305.16
DRREDDY 6329.00 238.57 1227.38
PGHH 4750.60 189.8 447.64
TORNTPHARM 2723.00 34.45 187.49
BIOCON 305.20 15.96 90.91
LUPIN 1662.00 45.22 403.99
ALKEM 4898.85 140.26 781.99
Updated at: 03 May 2024 15:59

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