Saturday, October 22, 2016

BIOCON BEATS ESTIMATES, STOCK TOUCHES 1K MARK

Biocon has posted a net profit of Rs. 147 Cr for the quarter ended September 30, 2016 as compared to Net Loss Rs. (11 Cr) for the quarter ended September 30, 2015. 

The total income has increased from Rs. 819 Cr for the quarter ended September 30, 2015 to Rs. 992 Cr for the quarter ended September 30, 2016.

The stock reacted positively on last Friday and closed above Rs 1000 mark for the first time in the history of Biocon. 

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