Biocon Limited shares dropped on July 29th: Stocks

Biocon Limited shares dropped on July 29th: Stocks

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. 

Related posts

LIC Housing Finance Ltd. shares at loss on June 29th


IDFC Bank shares rise 9%; Private banks shares raised


Pharma shares April 28; Lupin Limited plunged almost 4%