Shares of Biocon Ltd surge over 2%
January 21, 2022  11:34
Kiran Mazumdar-Shaw, Executive chairperson, Biocon
Kiran Mazumdar-Shaw, Executive chairperson, Biocon
Notwithstanding the muted broader market trend, shares of Biocon Ltd surged over 2 per cent in morning trade on Friday after the biotechnology major reported strong December quarter earnings.

 On the BSE, the stock opened at Rs 363.00, then jumped 2.61 per cent and touched an early high of Rs 373.40 in initial deals. It was later trading at Rs 371.25, up 2.02 per cent. In a similar trend, the stock opened at Rs 364, then touched a high of Rs 371.55, registering a gain of 2.02 per cent over its last close on the NSE.
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