Biocon Share Price Target 2024, 2025, 2026, 2027, 2030, 2035, 2040, 2045, 2050

NSE: BIOCON Share Price Target: Today we talking about the Biocon Share Price Target 2023 to 2050.  Biocon Limited is an Indian biopharmaceutical company based in Bangalore.
 
People search on Google for the Biocon share price target. Today we will tell you what Biocon Ltd’s share price target will be in 2023, 2024, 2025, 2026, 2027, 2030, 2035, 2040, 2045, and 2050.

From here you can know whether Biocon’s stock should be bought or sold. Biocon shares future predictions for 2023, 2024, 2025, 2030, 2035, and 2050.

nse: Biocon Share Price Target’s share has increased by +27.00 

Biocon Share Price Target 2024, 2025, 2026, 2027, 2028, 2030, 2035, 2040, 2050

Biocon Share Price Target

Biocon Share Price Target 2024

Based on analysis by stock experts, The share price range is set at ₹294 as the minimum, while after the year, the maximum target price for Biocon shares is expected to be ₹310

Year 1st Target Rs. 2nd Target Rs.
2024 ₹294 ₹310

Biocon Share Price Target 2025

Based on analysis by stock experts, The share price range is set at ₹350 as the minimum, while after the year, the maximum target price for Biocon shares is expected to be ₹360.

Year 1st Target Rs. 2nd Target Rs.
2025 ₹350 ₹360

Biocon Share Price Target 2026

Based on analysis by stock experts, The share price range is set at ₹380 as the minimum, while after the year, the maximum target price for Biocon shares is expected to be ₹400.

Year 1st Target Rs. 2nd Target Rs.
2026 ₹380 ₹400

Biocon Share Price Target 2027

Based on analysis by stock experts, The share price range is set at ₹550 as the minimum, while after the year, the maximum target price for Biocon shares is expected to be ₹590.

Year 1st Target Rs. 2nd Target Rs.
2027 ₹550 ₹590

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Biocon Share Price Target 2030

Based on analysis by stock experts, The share price range is set at ₹900 as the minimum, while after the year, the maximum target price for Biocon shares is expected to be ₹1000.

Year 1st Target Rs. 2nd Target Rs.
2030 ₹900 ₹1000

Biocon Share Price Target 2035

Based on analysis by stock experts, The share price range is set ₹2000  as the minimum, while after the year, the maximum target price for Biocon shares is expected to be ₹2100

Year 1st Target Rs. 2nd Target Rs.
2035 ₹2000 ₹2100

Biocon Share Price Target 2040

Based on analysis by stock experts, The minimum target price for Biocon is set at ₹3000, while the mid-year maximum target price is projected to be ₹4000.

Year 1st Target Rs. 2nd Target Rs.
2040 ₹3000 ₹4000

Biocon Share Price Target 2045

Based on analysis by stock experts, The share price range is set at ₹5500 as the minimum, while after the year, the maximum target price for Biocon shares is expected to be ₹7000.

Year 1st Target Rs. 2nd Target Rs.
2045 ₹5500 ₹7000

Biocon Share Price Target 2050

Based on analysis by stock experts, The share price range is set at ₹9000 as the minimum, while after the year, the maximum target price for Biocon shares is expected to be ₹10,000.

Year 1st Target Rs. 2nd Target Rs.
2050 ₹9000 ₹10,000

Future Prediction of  Biocon Ltd 2023 to 2050

Years 1st Targets (₹) 2nd Targets (₹)
2024 ₹294 ₹310
2025 ₹350 ₹360
2026 ₹380 ₹400
2027 ₹550 ₹590
2030 ₹900 ₹1000
2035 ₹2000 ₹2100
2040 ₹3000 ₹4000
2045 ₹5500 ₹7000
2050 ₹9000 ₹10,000

About Biocon

Visit Biocon Limited’s official website at biocon.com to explore information about this Indian biopharmaceutical company headquartered in Bangalore. Established in 1978 by Kiran Mazumdar-Shaw, Biocon specializes in manufacturing generic active pharmaceutical ingredients distributed across approximately 120 countries, including the United States and Europe.

The company, led by CEO Siddharth Mittal since December 1, 2019, boasts a workforce of 16,545 employees as of 2023 and reported a revenue of 11,550 crores INR (US$1.4 billion) in the same year.

Biocon Limited – Fundamental Analysis

Metric Value
MARKET CAP ₹34,973.48 Cr.
ENTERPRISE VALUE ₹35,550.88 Cr.
NUMBER OF SHARES 120.06 Cr.
P/E (Price/Earnings) 18.15
P/B (Price/Book) 3.22
FACE VALUE ₹5
DIVIDEND YIELD 0.51%
BOOK VALUE (TTM) ₹90.38
CASH ₹720.30 Cr.
DEBT ₹1,297.70 Cr.
PROMOTER HOLDING 60.64%
EPS (TTM) ₹16.05
SALES GROWTH 14.65%
RETURN ON EQUITY (ROE) 30.29%
RETURN ON CAPITAL EMPLOYED (ROCE) 29.84%
PROFIT GROWTH 3,208.25%
 

Biocon Limited Share: Last 5 Years’ Financial Condition

To enhance our comprehension of the market performance, let’s examine the historical outlook of this share in previous years. Nevertheless, investors should exercise caution by considering the associated risks and prevailing market conditions before making any investment decisions.

Last 5 Years’ Sales:

PARTICULARS March 2019 March 2020 March 2021 March 2022 March 2023
Net Sales 2,893.30 1,988.40 2,028.40 1,738.20 1,992.90

 

Last 5 Years’ Net Profit:

Year 2019 2020 2021 2022 2023
Net Profit 492.70 1,223.19 -5,854.99 -184.18 -874.89

 

Biocon’s Last 5 Years’ Profit Growth Ratios

Profit Growth:

  • 1-Year: 3208.25%
  • 3-Year: 86.25%
  • 5-Year: 64.22%

Biocon Last 5 years’ Return on Equity (ROE)

  • 1-Year: 30.29%
  • 3-Year: 11.69%
  • 5-Year: 9.65%

Biocon Limited Share peer’s company

  • Aurobindo Pharma
  • Lupin
  • Alkem Laboratories
  • Abbott India
  • Ipca Laboratories

Future of Biocon Share Price 

Biocon Ltd. stands as a prominent biopharmaceutical company in India, focusing on the research, development, and production of biosimilars, innovative biologics, and intricate small molecules. In this analysis, we aim to offer a thorough examination of Biocon Ltd. geared towards long-term stock investors.

The share performance of Biocon has exhibited a consistent upward trajectory in recent years, reflecting a positive growth trend. The valuation of the company’s shares is subject to diverse influences, including market dynamics, industry patterns, and news specific to the company.

Risk of Biocon Ltd Share

Over the past three years, the company has demonstrated a modest revenue growth of 0.08%. The tax rate is notably low, standing at 4.13%. Additionally, the company is currently trading at a relatively high EV/EBITDA ratio of 100.29.

Biocon Ltd Share Price Summary

Biocon Ltd 52 Week Low and 52 Week High, Biocon Ltd’s all-time high of 481.95 rs.

Metric Value
Open 293.20
High 293.20
Low 283.60
Market Cap 33.93 TCr
P/E Ratio 68.08
Dividend Yield 0.53%
52-week High 294.50
52-week Low 191.55

Shareholding Pattern Of Biocon Ltd share

Shareholding Pattern Of Biocon Ltd share

 

Summary  2024
Promoter 60.64%
FII 7.97%
DII 14.08%
Public 17.32%

 

Should You Invest In Biocon Ltd Shares?

Over the last three years, the company has demonstrated robust profit growth, achieving an impressive 86.90%. The firm maintains a healthy interest coverage ratio of 43.69, ensuring a sound ability to meet its interest obligations. With a PEG ratio of 0.01, the company indicates a favorable balance between its stock’s valuation and expected earnings growth.

Furthermore, the company boasts an efficient Cash Conversion Cycle, completing transactions in just 64.56 days. Bolstering its financial health, the current ratio stands at a robust 3.68, underlining a strong liquidity position. Notably, the company enjoys a high promoter holding of 60.64%, signifying confidence in its leadership. Additionally, the company exhibits a significant degree of operating leverage, with average operating leverage of 42.78, indicating its ability to magnify returns as revenue grows.

Conclusion

This article serves as a comprehensive guide to the Biocon Ltd Share Price target. The information and forecasts are derived from our analysis, research, company fundamentals, historical data, experiences, and various technical analyses. The article delves into the share’s prospects and growth potential in detail. Feel free to comment below if you have any further queries. We are more than happy to address all your questions. If you find this information helpful, consider sharing the article with as many people as possible.

Disclaimer:

Dear readers, please be advised that we are not authorized by SEBI (Securities and Exchange Board of India). The information provided on this site is solely for informational and educational purposes and should not be construed as financial advice or stock recommendations. Additionally, share price predictions are intended for reference purposes only and are valid only under positive market conditions.

This study does not consider any uncertainties regarding the company’s future or the current market conditions. While this information is for informational purposes, we disclaim any responsibility for potential financial losses incurred based on the information provided on this site. We aim to offer timely updates about the stock market and financial products to assist you in making informed investment decisions. It is crucial to conduct your research before making any investment decisions.

FAQs

  • What is Biocon Share Price Target 2024?

    Biocon Share Price Target 2024 between 294 to 310.

  • What is Biocon Share Price Target 2025?

    Biocon Share Price Target 2025 between 350 to 360.

  • What is Biocon Share Price Target 2026?

    Biocon Share Price Target 2026 between ₹380 to 400.

  • What is Biocon Share Price Target 2027?

    Biocon Share Price Target 2027 between ₹550 to 590.

  • What is Biocon’ Share Price Target 2030?

    Biocon Share Price Target 2030 between ₹900 to 1000.

  • What is Biocon Share Price Target 2035?

    Biocon Share Price Target 2035 between ₹2000 to 2100.

  • What is Biocon Share Price Target 2040?

    Biocon Share Price Target 2040 between ₹3000 to 4000.

  • What is Biocon Share Price Target 2045?

    Biocon Share Price Target 2045 between ₹5500 to 7000.

  • What is Biocon Share Price Target 2050?

    Biocon Share Price Target 2050 between ₹9000 to 10000.

  • is Biocon a good buy for the long term?

    The Biocon’s fundamentals are strong, This share is a good buy for the long term.

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