Biocon Share Price Target 2024, 2025, 2026, 2028, 2030

Biocon Share Price Target 2024, 2025, 2026, 2028, 2030:Through today’s post, we will discuss with you about the target of Biocon Ltd stock for the next few years on the basis of fundamental and technical analysis.

The business of Biocon company is related to the pharma sector, and most of the business of this company is related to the field of making and researching medicines related to diabetes.

If you are also planning to invest in the shares of Biocon Ltd company, then this post can be very useful for you, that’s why you must read this post completely.

Biocon Ltd Company Information

It is the oldest biopharmaceutical company in India which was started by Kiran Mazumdar-Shaw in the year 1978 AD. The headquarter of this company is located in Bangalore, India.

The business of this company is manufacturing of medicines and it has spread its business to India, United States and Europe as well as 120 countries.

It is a very well-known company in the pharma industry, at present this company is focusing more on the manufacturing of medicines related to diabetes.

At present, the total market cap of Biocon Ltd company is 28395 crores and it is listed in both the stock exchanges of India, NSE and BSE.

Biocon Share Price

At present, the stock of Biocon Company is seen trading around Rs.257.75.

This company was listed in the stock market of India in 2004 when its share price was around Rs.48, since then the stock has given a return of 391.12% to its investors.

On the other hand, if we talk about the last 1 year, then the stock has given a loss of -41.24%, while in 5 years also the stock has given a loss of -21.66% to its investors.

This company has been giving losses to the investors for almost 6 years, due to which this company has become a matter of concern.

Biocon Share Price Target 2024

Biocon company is currently working mainly in the field of diabetes medicine, it is a bio-pharmaceutical industry company and its business model is completely different from other pharmaceutical company.

Biocon company invents and manufactures medicines for new diseases and sells them in India as well as in other 120 countries. Despite Biocon being a leader in its field, we are not seeing as much growth in its business as expected.

If we talk about the target of this company’s stock for the year 2024, then its first target can be Rs.270 and the second target can be Rs.285.

Biocon Share Price Target 2025

Biocon company is continuously inventing new medicines and selling them in the market. Because people have good faith in Biocon company’s medicine, people buy its medicine.

Along with this, Biocon company is increasing its manufacturing capacity so that it can manufacture more and more medicines and make more and more sales.

If the company’s sales increase, then it will also see growth in the company’s revenue and its investors can benefit from it.

For the year 2025, the first target of Biocon Company’s stock can be Rs.330 and the second target can be Rs.355.

Biocon Share Price Target 2026

Biocon Company, after gaining hold in the Indian market, has now spread its business to other 120 countries as well. This company exports about 17 percent of its manufacturing capacity to other countries.

If this company increases its manufacturing capacity, then its business can grow in other countries as well. Along with this, due to the good products of the company, people’s faith in this company is also very good.

For the year 2026, the first target of its stock can be Rs.395 and the second target can be Rs.429.

Biocon Share Price Target 2030

To run any company in the pharma sector properly, it is very important to have good research and development. The research and development team of Biocon company is very good, and this company spends a good part of its revenue for its research and development.

Due to which Biocon company is able to invent medicine. Along with this, the company is focusing on correcting its management. If this company concentrates on its business by managing everything like this, then its business can definitely grow rapidly in the coming years.

For the year 2030, the first target of its stock can be Rs.955 and the second target can be Rs.1025.

Biocon Share Price Target 2024-2030

Sharing holding Pattern of Biocon Ltd

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Conclusion

Through today’s post, we have shared with you detailed information about Biocon Share Price Target 2024, 2025, 2026, 2028, 2030, hope you must have liked the information shared in this post.

If you are thinking of investing in the shares of Biocon Company, then you must analyze its shares or take advice from your financial advisor.

Biocon share has been giving losses to its investors for the last several years, so keep this in mind before investing.