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1 Comment
Biocon Limited is currently in a long term downtrend where the price is trading 5.6% below its 200 day moving average.
From a valuation standpoint, the stock is 50.4% more expensive than other stocks from the Healthcare sector with a price to sales ratio of 7.2.
Biocon Limited's total revenue sank by 61.0% to $19B since the same quarter in the previous year.
Its net income has dropped by 73.0% to $2B since the same quarter in the previous year.
Finally, its free cash flow fell by 57.9% to $2B since the same quarter in the previous year.
Based on the above factors, Biocon Limited gets an overall score of 0/5.
Exchange | NSE |
---|---|
CurrencyCode | INR |
Sector | Healthcare |
Industry | Biotechnology |
ISIN | INE376G01013 |
Dividend Yield | 0.2% |
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Beta | 0.25 |
Target Price | 376.0953 |
Market Cap | 393B |
PE Ratio | 38.83 |
Biocon Limited, together with its subsidiaries, engages in the manufacture and sale of biotechnology products and research services in India, Brazil, Singapore, and internationally. It operates through four segments: Generics, Novel Biologics, Biosimilars, and Research Services. The company offers generic formulations and API products, including anti-diabetics, immunosuppressants, multiple sclerosis, anti-cancer/oncology, and other products; novel biologics products, such as head and neck cancer molecule; novel pipeline products comprising psoriasis molecules; and biosimilars products consisting of insulins, trastuzumab, pegfilgrastim, and bevacizumab. It also provides integrated discovery, development, and manufacturing services to pharmaceutical, biotechnology, animal healthcare, consumer good, and agrochemical companies. Biocon Limited was incorporated in 1978 and is headquartered in Bengaluru, India.
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