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Biocon trades in green on the BSE

05 Jun 2018 Evaluate

Biocon is currently trading at Rs. 665.00, up by 10.90 points or 1.67% from its previous closing of Rs. 654.10 on the BSE.

The scrip opened at Rs. 695.00 and has touched a high and low of Rs. 695.00 and Rs. 664.40 respectively. So far 176230 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 682.60 on 30-May-2018 and a 52 week low of Rs. 305.00 on 10-Jul-2017.

Last one week high and low of the scrip stood at Rs. 695.00 and Rs. 641.10 respectively. The current market cap of the company is Rs. 39246.00 crore.

The promoters holding in the company stood at 60.67%, while Institutions and Non-Institutions held 20.92% and 18.41% respectively.

Biocon and Mylan have received approval from US Food and Drug Administration (USFDA) for Mylan’s Fulphila (pegfilgrastim-jmbd), a biosimilar to Neulasta (pegfilgrastim), co-developed with Biocon. Fulphila has been approved to reduce the duration of febrile neutropenia (fever or other signs of infection with a low count of neutrophils, a type of white blood cells) in patients treated with chemotherapy in certain types of cancer.

Fulphila is the first USFDA approved biosimilar to Neulasta and the second biosimilar from Mylan and Biocon’s joint portfolio approved in the US Mylan anticipates launching Fulphila in the coming weeks, representing the first alternative, more affordable treatment option to Neulasta for oncology patients.

Biocon is India’s largest and Asia’s leading Biotechnology Company with a strategic focus on biopharmaceuticals and research services. It is a fully integrated, innovation-driven biopharma enterprise offering affordable solutions for chronic diseases to patient's worldwide.

Biocon Share Price

380.90 0.15 (0.04%)
07-May-2026 09:21 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1841.00
Dr. Reddys Lab 1306.15
Cipla 1369.95
Zydus Lifesciences 943.10
Lupin 2452.05
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