NIFTY 23907.25 BANK 51135.40

Biocon Ltd.
Share Price Target & Analysis

NSE:BIOCON

328.32

VWAP

323.1

Open

323.1

Close

332.6

High

322.6

Low

395.8

52 Week High

331.60 ⇧
8.50 (2.63%)

BIOCON

(PHARMA)
59.2% Momentum

Turnaround Potential

231.25

52 Week Low

0.35

EPS

47.38

PE

3.65

PB

Economical
Quality

Diamond
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 0.5 per share. At the current share price of BIOCON at Rs 331.60, this results in a dividend yield of 0.15 %.

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 Economical performer in terms of earnings and profit margins with an EPS of 0.35. NSE:BIOCON book value per share as of today is 90.88. The current price to book ratio for BIOCON as of Nov 23, 2024 is 3.65.

Valuation of the Stock: The current valuation of BIOCON 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 BIOCON whether to BUY this stock at current valuation. The delivery percentage of BIOCON is 39.01% is very crucial parameter which shows that 39.01% investors are anticipating that the price of BIOCON share should go up with VWAP at 328.32.

Now, the main question is whether to BUY or SELL, NSE:BIOCON at current valuation.
As per latest Analysis No. #3383:-

⇑ 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 (Nov 23, 2024)

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

Biocon Ltd. share price moved Up by 2.63% from its previous close of Rs 323.1. BIOCON stock last traded price is 331.60. BIOCON share price trend is Up with a total of 1532420 stocks traded till now. It has touched an intraday high of Rs 332.6 and an intraday low of Rs 322.6. The BIOCON trading at 331.60, Up by Rs. 8.50, or 2.63 percent which suggests that most of the Traders are anticipating that the price of BIOCON share should go Up.

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 Up by 2.63%. BIOCON share price short term trend is Up. It suggests that BIOCON Share Price for Tomorrow remains the same with VWAP at 328.32 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

 331.60

BIOCON Share Price Target Prediction for 2024 ^

 301.5 - 397.8

BIOCON Share Price Target Prediction for 2025*^

 397.8 - 413.7

BIOCON Share Price Target Prediction for 2026*^

 413.7 - 434.4

BIOCON Share Price Target Prediction for 2027*^

 456

BIOCON Share Price Target Prediction for 2028*^

 461

BIOCON Share Price Target Prediction for 2030*^

 497
BIOCON Current Book Value 2023
90.4

*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: @335.8

BIOCON Moving Averages

BUY (7) NEUTRAL (0) SELL (7)
MA Simple Action S1 Expo Action E2
MA_5 336.97 SELL 335.06 BUY
MA_12 326.45 BUY 331.11 BUY
MA_20 326.53 BUY 332.05 BUY
MA_32 336.54 SELL 336.49 SELL
MA_50 349.04 SELL 340.01 SELL
MA_100 349.77 SELL 340.21 SELL
MA_200 319.93 BUY 322.94 BUY

BIOCON Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 326.53 Uptrend
MACD 3.41 BUY
ADX 29.89 Strong Trend
DMI (+/-) 19.82 / 30.08 Downtrend

BIOCON Momentum Oscillators

BUY (1) NEUTRAL (10) SELL (1)
Momentum Oscillators Value Action
RSI 50.83 Neutral
STOCHASTIC_K (Fast) 45.44 Neutral
STOCHASTIC_D (Slow) 60.37 Neutral
CCI 75.78 Neutral
PSAR 318.03 BUY
TRUE RANGE 9.3 Neutral
ATR 12.12 Neutral
WILLIAMS R -35.11 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 52.76 Neutral
STOCHASTIC RSI D 62.33 Neutral
MOMENTUM -10.85 SELL

BIOCON Last 1 Year Trend

Duration Value
1 Year 43.02%
3 Months -0.39%
1 Month -3.13%
1 Week 2.38%

BIOCON Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 37%
NEUTRAL / HOLD 33%
SELL 30%

Most popular Questions & Answers about BIOCON


Biocon Ltd. stock last traded price is 331.60. BIOCON share price moved Up by 2.63% from its previous close of Rs 323.1.

Biocon Ltd. share price trend is Up with a total of 1532420 stocks traded till now. It has touched an intraday high of Rs 399.758 and an intraday low of Rs 322.6. The BIOCON trading at 331.60, Up by Rs. 8.50, or 2.63 percent which suggests that most of the Traders are anticipating that the price of BIOCON share should go Up and the Stop Loss will be around 328.32.

The market cap of Biocon Ltd. is ₹43024.8 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Biocon Ltd. as of Nov 22, 2024 is 47.38.

The current price to book ratio for Biocon Ltd. as of Nov 22, 2024 is 3.65.

The highest price of Biocon Ltd. stock is ₹395.8 in the last 52-week.

The lowest price of Biocon Ltd. stock is ₹231.25 in the last 52-week.

Biocon Ltd. share trading at ₹331.60, Up by Rs. 8.50, or 2.63 percent which suggests that most of the traders are anticipating that the price of BIOCON share should go Up.

In 2023, Stock price target for Biocon Ltd. (BIOCON) are ₹301.5 on downside and ₹397.8 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 ₹397.8 on downside and ₹413.7 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 ₹413.7 on downside and ₹434.4 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 ₹461 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.

The price of Biocon Ltd. (BIOCON) shares moved by 2.63%. The short-term trend for BIOCON share price is Up. It implies that the share price of BIOCON will stay the same tomorrow and that intraday traders should treat VWAP at 328.32 as a stop loss. Investors with a long-term outlook can track BIOCON long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of BIOCON stock is 4.2. Compared to the current market price of 331.60 INR, the BIOCON stock is Overvalued by 98.7%.

As per the fundamental analysis of Biocon Ltd. (BIOCON), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.35. Biocon Ltd. book value per share as of today is 90.88. The current price to book ratio for BIOCON as of Nov 23, 2024 is 3.65.


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 1805.60 11.21 98.75
DIVISLAB 6000.00 69.2 507.94
MEDICAMEQ 446.75 8.18 164.54
CIPLA 1485.25 54.32 346.38
DRREDDY 1214.00 57.64 290.52
PGHH 15925.70 189.8 324.25
TORNTPHARM 3171.00 48.34 201.78
BIOCON 331.60 0.35 90.88
LUPIN 2064.55 65.71 451.63
ALKEM 5583.35 176.48 882.75
Updated at: 22 Nov 2024 15:30

Feel free to contact us, in case of any queries.

SITEMAP 395
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 2229.90 46.25 (2.12%) | ADANIGREEN 1054.50 -91.20 (-7.96%) | ADANIPORTS 1138.00 23.35 (2.09%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 502.60 18.45 (3.81%) | APOLLOHOSP 6902.00 159.50 (2.37%) | ASIANPAINT 2469.75 41.60 (1.71%) | ATGL 611.00 9.10 (1.51%) | AUROPHARMA 1223.00 3.00 (0.25%) | AXISBANK 1141.80 2.65 (0.23%) | BAJAJ-AUTO 9468.00 -37.00 (-0.39%) | BAJAJFINSV 1601.00 31.75 (2.02%) | BAJFINANCE 6720.00 254.35 (3.93%) | BALKRISIND 2763.60 41.65 (1.53%) | BANDHANBNK 170.14 4.28 (2.58%) | BANKBARODA 235.90 7.40 (3.24%) | BEL 280.85 5.40 (1.96%) | BERGEPAINT 477.60 12.10 (2.6%) | BHARTIARTL 1568.40 43.25 (2.84%) | BIOCON 331.60 8.50 (2.63%) | BOSCHLTD 34350.00 241.30 (0.71%) | BPCL 286.00 3.60 (1.27%) | BRITANNIA 4849.95 46.60 (0.97%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1485.25 19.75 (1.35%) | COALINDIA 414.10 8.10 (2%) | COLPAL 2718.00 27.70 (1.03%) | DABUR 513.25 7.50 (1.48%) | DIVISLAB 6000.00 22.90 (0.38%) | DLF 803.50 29.55 (3.82%) | DMART 3610.00 -12.90 (-0.36%) | DRREDDY 1214.00 18.65 (1.56%) | EICHERMOT 4980.50 98.40 (2.02%) | GAIL 192.80 4.50 (2.39%) | GLAND 1755.00 -32.00 (-1.79%) | GODREJCP 1190.00 11.30 (0.96%) | GRASIM 2591.00 56.15 (2.22%) | GUJGASLTD 461.65 8.05 (1.77%) | HAVELLS 1669.95 33.85 (2.07%) | HCLTECH 1897.10 60.75 (3.31%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4220.00 5.90 (0.14%) | HDFCBANK 1742.10 0.90 (0.05%) | HDFCLIFE 685.35 10.95 (1.62%) | HEROMOTOCO 4788.00 20.15 (0.42%) | HINDALCO 652.00 3.95 (0.61%) | HINDUNILVR 2440.00 57.20 (2.4%) | HINDZINC 490.30 3.25 (0.67%) | ICICIBANK 1278.00 27.45 (2.2%) | ICICIGI 1835.10 30.40 (1.68%) | ICICIPRULI 689.35 10.80 (1.59%) | INDIGO 4145.00 75.20 (1.85%) | INDUSINDBK 998.65 17.20 (1.75%) | INDUSTOWER 330.20 1.10 (0.33%) | INFY 1889.20 55.15 (3.01%) | IOB 50.25 0.44 (0.88%) | IOC 132.90 2.19 (1.68%) | ITC 474.00 16.85 (3.69%) | JSWSTEEL 975.00 30.85 (3.27%) | KOTAKBANK 1761.80 24.70 (1.42%) | LT 3605.00 121.50 (3.49%) | LTI 6149.30 78.10 (1.29%) | LUPIN 2064.55 21.55 (1.05%) | M&M 3005.50 69.25 (2.36%) | MARICO 598.00 6.95 (1.18%) | MARUTI 11070.05 208.60 (1.92%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 1926.40 26.85 (1.41%) | NAUKRI 7990.00 474.65 (6.32%) | NESTLEIND 2242.50 31.30 (1.42%) | NMDC 220.80 3.17 (1.46%) | NTPC 364.70 8.55 (2.4%) | ONGC 245.45 3.30 (1.36%) | PEL 1082.75 27.80 (2.64%) | PIDILITIND 2967.45 29.40 (1%) | PIIND 4124.70 -14.00 (-0.34%) | PNB 99.99 3.62 (3.76%) | POWERGRID 336.00 10.10 (3.1%) | RELIANCE 1264.00 41.00 (3.35%) | SAIL 112.75 2.16 (1.95%) | SBICARD 680.65 5.60 (0.83%) | SBILIFE 1487.20 9.25 (0.63%) | SBIN 814.55 33.80 (4.33%) | SHREECEM 24814.00 761.15 (3.16%) | SIEMENS 6850.00 208.35 (3.14%) | SRF 2163.25 19.60 (0.91%) | SUNPHARMA 1805.60 25.60 (1.44%) | TATACONSUM 943.00 31.30 (3.43%) | TATAMOTORS 794.00 20.15 (2.6%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 142.55 2.33 (1.66%) | TCS 4221.95 149.10 (3.66%) | TECHM 1744.10 41.85 (2.46%) | TITAN 3302.00 123.55 (3.89%) | TORNTPHARM 3171.00 69.05 (2.23%) | ULTRACEMCO 11301.15 346.30 (3.16%) | UPL 565.50 9.75 (1.75%) | VEDL 445.40 2.60 (0.59%) | WIPRO 571.40 14.25 (2.56%) |