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Biocon Share Price important Resistance at 765 Which is Almost 3Month High by Rickey Jones






Article Author Biography
Biocon Share Price important Resistance at 765 Which is Almost 3Month High by
Article Posted: 07/25/2016
Article Views: 1358
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Biocon Share Price important Resistance at 765 Which is Almost 3Month High


 
Finance & Investment,Advice,Blogs

Recently, on 28th June 2016, Biocon share price touched a new lifetime high of Rs. 765. This movement of the stock added to the trustworthiness of it. As on 14th July 2016, market experts suggest buying the stock at a target of Biocon share price of Rs. 699 with a stop loss at Rs. 744.

  • Genesis:
  • Biocon is an India Biopharma company with headquarters in Bangalore. The Company manufactures generic APIs, i.e. active pharmaceutical ingredients. These APIs are sold in the developed markets of the United States and Europe. Also, it manufactures Biosimilar Insulins, which are sold in India as branded formulations and in bulk and formulation forms both. Biocon's R&D facility is located in Bangalore, while its API unit is situated in Hyderabad.

  • Awards:
  • Below are some recent awards that Biocon Received for its magnificent performances.
  • 2009: Bio-Excellence Award for Outstanding Achievement in the Healthcare Sector at Bangalore Bio, BIOMAb EGFR voted ‘Bio-Spectrum Asia-Pacific Product of the year,' BioSingapore Asia Pacific Biotechnology Award for Best Listed Company.

    2010: Bio-Excellence Award for Outstanding Achievement in the Healthcare Sector at Bangalore Bio.

    2011: Biospectrum BioPharma Company of the year award and Best Design and Information Award for the Healthcare Sector at Bangalore India Bio.

    2012: Excellence in Environmental Management Award, Best Exhibitor Award in the category of Biocontent and Information at Bangalore India Bio, Golden Peacock National Quality Award

    2013: ABLE 10th Anniversary Award for Outstanding Contribution to Biopharmaceuticals for the decade, 2002-2012, Best Design, and Innovation Exhibitor Award at Bangalore Bio, ALZUMAb™wins BioSpectrum BioPharma Product of the Year, 2013.

    2014: Sir J C Bose Memorial Award – 2013 (Institutional category) by Indian Science Monitor, Thomson Reuters India Innovation Awards 2014, Healthcare CSR of the Year Award.

    2015: Golden Peacock Award - 2014 in the 'Corporate Social Responsibility', Greentech Environment Gold Award, Pharmexcil Gold Patent Award 2014-15.

  • Market report:
  • Biocon share price touched a new high recently, on 28th June 2016. The 52-week low value for Biocon share price is Rs. 395.30 on 24-Aug-15. The lifetime low value of Biocon Share Price is Rs. 85.00 on 02-Dec-08. The Market Cap of the stock is 14511.00 crores as on 14th July 2016 and the promotors holding Pledge is 0.04%. Biocon is considered among top 500 performing stocks by Dynamic levels. Check the resistance and support level for Biocon at Biocon Share Price forecast.

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