Biocon Snaps Three-Day Gains Despite Posting Profit After 5 Quarters

Gold Silver Reports (GSR) – Biocon Snaps Three-Day Gains Despite Posting Profit After 5 Quarters – Shares of the Bangalore-based bio-pharmaceutical company fell as much as 1.8 percent, the most since April 4, to Rs 651.35 after its net profit rose for the first in five quarters.

Key earnings highlights:

🔥 Revenue up 26 percent at Rs 1,169.5 crore.

🔥 Net profit up 2 percent at Rs 130 crore.

🔥 Ebitda up 24 percent at Rs 232.5 crore.

🔥 Margin at 19.9 percent versus 20.3 percent.

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Stocks To Watch: Tata Motors, Biocon, Airtel, GMR

Gold Silver Reports (GSR) – Stocks To Watch: Tata Motors, Biocon, Airtel, GMR — Stocks in Asia were mixed in early trading as investors digested the latest signals from the Federal Reserve on the monetary-policy outlook, escalating tensions in the Middle East and a fractious U.S. political landscape.            

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Buy Biocon Stock Intraday Tips Target 1035— 1054

Buy #biocon #stock #Intraday #tips: Between 995-1005 for intraday Target 1035— 1054 @Neal_Bhai #goldsilverreports #nealbhaireports — Gold Silver Reports (@goldsilverrepor) May 10, 2017 Buy Biocon Stock Intraday Tips Target 1035— 1054 | Gold Silver Reports