Biocon Limited shares dropped on July 29th: Stocks
New Delhi: To begin with, the shares of Biocon Limited dropped in the trading session today. The share price of the company decreased by 0.81% at Rs. 395.65 in the trade. Besides, the total traded volume on the counter turned over around Rs. 3.20 crores. Also, the return on equity (ROE) of the stock stood at 11.15%.
Significantly, the stock reached a high of Rs. 403.50. As well as it reached a low of Rs. 393.15 per equity share so far. However, the shares of the company quoted at the 52-week high value of Rs. 455.00. It also quoted a 52-week low value of Rs. 211.30 in the trade so far.
As of June 2020, the promoters of the company held 39.75% of its stake. Likewise, the FIIs held a 15.93% stake and DIIs held a 4.69% stake.
On the other side, the company reported a consolidated net sales of Rs. 1,671.30 crores as of June 2020. Up to 5.71% from the previous quarter, which stood at Rs. 1,581.00 crores. Also, the net profit for the present quarter stood at Rs. 149.40 crores.
July 29th Stock Market Details:
On July 29th, both the Sensex and the Nifty traded at a bearish trend in the stock market. The Sensex lost 92.16 points and reached 38,407.05 levels with a 0.22% loss. On the other side, the Nifty lost 15.25 points and reached 11,285.30 levels with a 0.14% loss.
In the border market, the S&P BSE Midcap index gained 109.86 points with a 0.82% profit and reached 13,782.94 levels. Also, the S&P BSE Smallcap index gained 112.45 points with a 0.87% profit and reached a 13,029.06 level. However, the Nifty Bank 52.50 points with 0.25% lost and reached a 22,157.60 level.
Besides, as of July 29th, the number of confirmed COVID-19 cases across India has reached 15,32,135. Also, the number of deaths in the country has reached 34,224.