Earlier in the day, the stock saw a opening.
At the prevailing price, the stock traded at 62.86 times its trailing 12-month EPS of Rs 5.63 per share and 6.51 times its book value, as per BSE data.
A total of 28,835 shares changed hands on the counter till 01:27PM (IST). The stock commands a market value of Rs 42465.22 crore and is part of the Pharma – Indian industry.
The scrip has been an underperformer , down 6.24 per cent in the past one year in comparison with a 48.7 per cent gain in Sensex.
During the day, the stock moved between Rs 357.0 and Rs 352.15.
Promoters held 39.73 per cent in the company as of 30-Jun-2021. FII and MF ownership in Biocon Ltd. stood at 15.91 per cent and 2.6 per cent, respectively.