Biocon Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

In 1978, Biocon limited was laid out and the association has from that point forward well versed in the examination and treatment of different fatal sicknesses that influence people. These incorporate disease, diabetes among others. Because they are a multinational corporation, their goods are sold in numerous nations all over the world. The Biocon Organization is effectively fabricating biotechnological items and gives research administrations.

Biocon Share Price Target 2024-2030

Prediction of Biocon’s share price is done every five years and lasts for five years, with predictions made for five years. The following offer value expectation would be acted in 2025 that will be named as Biocon Offer Value Forecast 2025 in which the costs of offers will be anticipated the cycle will continue to proceed.

Biocon Share Price Target Today Update

Putting resources into stocks requires informed decisions basically founded on intensive examination and expert appraisal. You have come to the right place if you are interested in Biocon stocks. The Biocon percentage fee goal from 2024 to 2030 will be covered in depth in this blog. Our evaluation is basically founded on the organization’s development, execution, and fate prospects, guaranteeing you have the data you want to make a legitimate financing inclination.

What Is Biocon Limited?

Biocon Limited undertaking practices inside the turn of events and creation of conventional dynamic drug components (APIs) and is engaged with the investigations of novel biologics. Biocon is committed to giving up less expensive medical care arrangements around the world.

Read More:-

HBL Share Price Target

Dhanlaxmi Bank Share Price Target

Biocon Business Profile

The Biocon Ltd. (Biocon) is a pharmaceutical manufacturing biotechnology company. It spends significant time in innovative work of therapies for ongoing sicknesses like disease, diabetes and auto resistant illnesses. In addition, the business produces complex biologics, biosimilars, active pharmaceutical ingredients (APIs), branded formulations, monoclonal antibodies (MAbs), rh-Insulin, and insulin analogs.

  • Biosimilars: A few extra administrations by the organization incorporate agreement producing, drug permitting, examination, and improvement of little and enormous particles for biotechnology as well as drug firms all over the planet. The organization has a functional presence in UK, Ireland, US, Switzerland, UAE and Malaysia.
  • Research Services: Syngene, Biocon’s research services division, is listed on its own. It gives bound together revelation examination, advancement, and assembling administrations across different businesses including drugs, biotechnology, nourishment, creature wellbeing, purchaser products, and specialty synthetic substances.
  • Generics: It is the principal Indian company among U.S.D FDA endorsed organizations which produce Lovastatin that is a maturation based statin Programming interface utilized for cholesterol decrease. The Programming interface portfolio includes in excess of 50 items across various restorative regions like cardiovascular sicknesses, enemies of diabetics, immunosuppressants, oncology high powerful Programming interface (HPAPI) and some specialty drug particles.
  • Novel Biologics: In India, under the brand name ALZUMAb, the organization sent off Nimotuzumab, the main natively created monoclonal neutralizer for head and neck malignant growth, and Itolizumab, the primary novel enemy of CD6 monoclonal immune response on the planet for psoriasis. Bicara Therapeutics (a Boston, USA-based partner) is engaged with creating bifunctional antibodies that exploit late headway made in immuno-oncology.
  • Manufacturing Expansion: During the monetary year 2024, Biocon purchased an Oral Strong Dose creation unit from New Jersey USA. By the end of FY2025, the immunosuppressant unit in Vizag will be qualified to supply commercial products in India.

Biocon Fundamentals & Quarterly Results

Metric Value
Market Cap ₹ 42,213 Cr.
Current Price ₹ 352
High / Low ₹ 377 / 218
Stock P/E 27.0
Book Value ₹ 165
Dividend Yield 0.14 %
ROCE 5.96 %
ROE 5.25 %
Face Value ₹ 5.00
FCF Prev Ann ₹ 129 Cr.
Debt to Equity 0.82
Debt Preceding Year ₹ 18,019 Cr.
Reserves ₹ 19,183 Cr.
Quick Ratio 0.65
Current Ratio 0.97
Free Cash Flow ₹ 1,046 Cr.

Biocon Quarterly Results

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Sales (₹ Cr.) 2,140 2,320 2,941 3,774 3,423 3,462 3,954 3,917 3,433
Expenses (₹ Cr.) 1,783 1,877 2,352 2,817 2,741 2,745 3,051 3,004 2,812
Operating Profit (₹ Cr.) 356 442 589 957 681 717 903 913 620
OPM % 17% 19% 20% 25% 20% 21% 23% 23% 18%
Other Income (₹ Cr.) 78 48 -193 152 94 134 587 40 1,166
Interest (₹ Cr.) 20 30 120 249 233 248 267 227 236
Depreciation (₹ Cr.) 218 231 301 364 358 389 414 407 405
Profit before tax (₹ Cr.) 197 229 -26 497 184 214 808 319 1,146
Tax % 15% 64% -19% 17% 19% 19% 7% 30% 25%
Net Profit (₹ Cr.) 167 82 -21 414 149 173 753 223 862
EPS (₹) 1.20 0.39 -0.35 2.61 0.84 1.05 5.50 1.13 5.49

CAGR Report

Metric 10 Years 5 Years 3 Years TTM / 1 Year
Compounded Sales Growth 18% 22% 27% 19%
Compounded Profit Growth 9% 6% 11% 137%
Stock Price CAGR 16% 9% 1% 38%
Return on Equity 8% 7% 6% 5%

Read More:-

ZEEL Share Price Target

L&T Finance Share Price Target

Biocon Share holding Pattern

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Jun 2024
Promoters 60.67% 60.67% 60.67% 60.67% 60.64% 60.64% 60.64% 60.64%
FIIs 16.99% 17.90% 14.98% 16.30% 15.62% 10.20% 5.63% 5.90%
DIIs 3.93% 4.38% 7.32% 7.14% 8.36% 11.89% 13.69% 14.29%
Public 16.91% 15.62% 15.80% 14.96% 14.76% 16.70% 19.74% 18.90%
Others 1.50% 1.43% 1.23% 0.93% 0.63% 0.55% 0.32% 0.28%
No. of Shareholders 1,34,488 1,53,793 2,06,996 3,11,349 3,47,911 4,11,086 4,70,261 4,43,513

Biocon Share Price Target 2024-2030 Forecast

Year Initial Target Mid-Year Target Year-End Target
2024 ₹419.2 ₹496.13 ₹542.29
2025 ₹553 ₹519 ₹620
2026 ₹632 ₹595 ₹711
2027 ₹725 ₹682 ₹813
2028 ₹829 ₹779 ₹930
2029 ₹949 ₹891 ₹1064
2030 ₹1085 ₹1020 ₹1217

BIOCON Share Price Target 2025

Month Target
January ₹553
February ₹564
March ₹575
April ₹556
May ₹537
June ₹519
July ₹540
August ₹562
September ₹584
October ₹596
November ₹608
December ₹620

BIOCON Share Price Target 2026

Month Target
January ₹632
February ₹645
March ₹658
April ₹636
May ₹615
June ₹595
July ₹619
August ₹644
September ₹670
October ₹683
November ₹697
December ₹711

BIOCON Share Price Target 2027

Month Target
January ₹725
February ₹740
March ₹755
April ₹730
May ₹706
June ₹682
July ₹709
August ₹737
September ₹766
October ₹781
November ₹797
December ₹813

BIOCON Share Price Target 2028

Month Target
January ₹829
February ₹846
March ₹863
April ₹834
May ₹806
June ₹779
July ₹810
August ₹842
September ₹876
October ₹894
November ₹912
December ₹930

Read More:-

Cochin Shipyard Share Price Target

NBCC Share Price Target

BIOCON Share Price Target 2029

Month Target
January ₹949
February ₹968
March ₹987
April ₹954
May ₹922
June ₹891
July ₹927
August ₹964
September ₹1003
October ₹1023
November ₹1043
December ₹1064

BIOCON Share Price Target 2030

Month Target
January ₹1085
February ₹1107
March ₹1129
April ₹1091
May ₹1055
June ₹1020
July ₹1061
August ₹1103
September ₹1147
October ₹1170
November ₹1193
December ₹1217

Points Before Investing in Biocon limited:-

  • All the data with respect to the Biocon limited should be seen through and risk factors should be thought of.
  • The company must determine the amount and number of shares to purchase, and no one else should be able to influence this number.
  • The Biocon Limited is a mid-cap company, which increases the stock exchange’s various risk factors.
  • The classification, speculation returns, reserve type should be checked of the specific asset you are wanting to put resources into the organization.
  • The expense ramifications of the organization should be dealt with also.

Final Words

The Biocon limited is connected with the clinical necessities, this organization investigates about the different serious human illnesses like disease, diabetes. It is positioned eighth number too in the pharma area, which plainly connotes the great presentation in the drug field. It is a global organization too. In addition, the business does well on stock exchanges, and the share price has increased by 1.7% since the previous closing price. This company is regarded as a good investment on the Indian stock exchanges because its prices continue to rise and there are significant opportunities for profit.

Stay Updated with the Latest News and Trends

Discover the latest in tech, exams, Sarkari results, and more with our platform. We bring you fresh updates and expert insights to keep you informed and ahead. Join us today and stay on top of the most important developments!

Leave a Comment