As returns on market increase, Biocon returns are expected to increase less than the market. However during bear market, the loss on holding Biocon will be expected to be smaller as well.
The median price of Biocon for the period between Mon, May 20, 2013 and Wed, Jun 19, 2013 is 275.7 with a coefficient of variation of 1.75. The daily time series for the period is distributed with a sample standard deviation of 4.84, arithmetic mean of 276.07, and mean deviation of 3.74. The Stock did not receive any noticable media coverage during the period.
Biocon Limited [BIOCON] is traded on National Stock Exchange of India in India. It is located in Bengaluru, and employs 6,253 people. The company currently falls under 'Large-Cap' category with current market capitalization of 53.92 B. Biocon Limited operates under Healthcare sector and is part of Biotechnology industry. This company has 195.76 M outstanding shares.
Biocon Limited, an integrated healthcare company, engages in the discovery, development, and commercialization of biotechnology solutions in India and internationally. more
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