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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 | 0.0% |
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Beta | 0.23 |
Target Price | 382.9 |
Market Cap | 481B |
PE Ratio | 112.93 |
Biocon Limited, together with its subsidiaries, manufactures and sells biotechnology products and research services in India, the United States, Ireland, rest of the European Union, and internationally. It operates through Generics, Biosimilars, and Research segments. The company offers generic formulations and API products, including cardiovascular, anti-diabetics, obesity, multiple sclerosis, anti-fungal, anti-cancer, immunosuppressants, and specialty molecules; and biosimilars products consisting of pegfilgrastim, trastuzumab, bevacizumab, adalimumab, etanercept, ustekinumab, glargine, aspart, insulins, and aflibercept. It also provides integrated discovery, development, and manufacturing services to pharmaceutical, biotechnology, animal healthcare, consumer goods, and agrochemical companies. In addition, the company offers enzyme, biopharmaceutical, and medicinal goods; contract research and manufacturing services, and other research and development in the fields of pharmaceuticals, drug discovery, biotechnology pharmaceuticals, and medicinal sciences, etc.; clinical research; and business support and development, and marketing services. Biocon Limited was incorporated in 1978 and is headquartered in Bengaluru, India.
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