Do you have a passion to know the Biocon Ltd Share Price Target for 2022, 2023, 2024, 2025, And 2030? so we are here to guide you about this share very well by which you may learn easily more information about it.
After doing the analysis I have gotten each and every information like sales growth, profit growth, and quarterly and annual results analysis which is mentioned in this article.
In this section, we are going to talk about the company, products & services, developments, expert views, strengths, and limitations which is getting ahead.
About Biocon Ltd
Biocon Ltd is an Indian Pharmaceutical Company founded by Kiran Mazumdar Shaw. Biocon Ltd manufactures generic Active Pharmaceutical Ingredients (API) which the Company sold in about 120 Countries across the globe with their license including the United States and the whole of Europe. Biocon Ltd was Founded in 1978 with Rs.10000 as initial Capital.
Biocon Ltd Products & Services
Biocon has a number of Subsidiaries including Syngene International Ltd which was established in 1993 and they offer their services to research organizations and try to offer pharmaceutical and biotechnology majors solutions in molecular biology for early-stage drug discovery and development. In the year 2003 Biocon established Biocon Biopharmaceuticals Pvt Ltd (BBPL)as a partner with the Cuban Institute CIMAB to develop affordable cancer vaccines.
Biocon Ltd Developments
In the year 2001 Biocon becomes the first Indian Company to be approved by USFDA for the manufacture of life savings Drugs that is Lovastation and it was patented by their name itself. In the year 2003 Biocon becomes the first Company in World to develop human insulin on an expression System. In the year 2011 Biocon launches INSUPen, a convenient and affordable reusable insulin delivery device that help humankind too much in the near past years.
Biocon Ltd Basic Fundamental Details
There is a number of ratios that help us to know whether the Company is in a good state or not. So ROE% for Biocon for the last 1 year is about 3.68% and book value for Biocon is about 66.75 and ROCE% for Biocon for the last 1 year is around 4.65%. The major point is a market cap which is Rs.38,143.06 crores.
A friend here we try to give you an expert view on the shares of Biocon Ltd according to the terms called Ownership, Valuation, Efficiency, and financials. Here when we talk about ownership strength is slightly missing the benchmark but it will acquire its secure position in near future and when we talk about the efficiency of the company it seems highly inefficient in the case of asset management.
So If we talk about the financials of this company they could improve upon its asset employment and they really need to improve this to increase their capital if talk about the valuation of this company is at a premium valuation at this point and they also need to improve on this aspect too.
Strengths Of Biocon Ltd
Here we try to tell you some strength which helps you to know more about the Company Shares and data which we try to give you there is get it from Ticker.finology.in and if find any miss correct data regarding the shares Biocon Ltd we will not going to be responsible for it.
- Biocon Ltd has a high promoter holding of shares which is about 60.64% of its total share which tells us how promoters strongly run this Company.
- Biocon Ltd has a strong degree of operating margin is around 15.34%.
- Biocon Ltd has a healthy Liquidity position market with a financial strength of 0.00 which is really better than compared other pharmaceutical companies in India.
- Biocon Ltd has Strong brand equity, Strong Management team with a cost advantage.
- Biocon Ltd has a strong research team that always tends to innovate something new and useful for mankind.
Limitation Of Biocon Ltd
Here we try to tell you some limitations and weaknesses of Biocon Ltd which is really essential to know before investing in the shares of this Company and the data which we try to give you there is get it from Ticker.finology.in and if you find any miss correct information regarding the shares of Biocon Ltd we will not be responsible for it.
- Biocon Ltd has shown a poor profit growth of 5.56% for the past 3 years which they really need to improve in the upcoming years.
- Biocon Ltd has shown poor revenue growth which lies in the negative direction of -5.70% for the last 3 years.
- Presently Biocon Ltd is traded at a high PE of 530.47 which will become very risky in upcoming years to come if they were not able to improve their sales growth and profit growth.
- Biocon Ltd has a limited presence in the European markets which is none of the biggest markets for any Pharmaceutical Company and Biocon Ltd will try to improve its market visibility.
According to the technical analysis and share price chart, we have gotten the share price target of Biocon Ltd. The company has maximum chances to achieve its targets which are given below.
| Year | Target Of Biocon Ltd |
|---|---|
| 2022(Target-1) | Rs.465 |
| (Target-2) | Rs.658 |
| 2023(Target-1) | Rs.768 |
| (Target-2) | Rs.846 |
| 2024(Target-1) | Rs.944 |
| (Target-2) | Rs.1,049 |
| 2025(Target-1) | Rs.1,123 |
| (Target-2) | Rs.1,221 |
| 2030(Target-1) | Rs.3,389 |
| (Target-2) | Rs.3,932 |
When we go through the profit & loss, so we can able to the financial year march 2021 it has made a net profit of about Rs.2,028.40 crores where in the same session the net profit was Rs.280.50 crores. In the next financial year march 2022, Biocon has earned approx Rs.1,738.20 crores and the net profit was Rs.86.10 crores.
So in this section we try to predict three possible share price targets for the shares of this company first share price target for the share of Biocon Ltd is about Rs.481.80 and the second share price target for the shares of this company is around Rs.465 and the third and the final share price target for the year 2022 is around Rs.658.
As the technical analysis Biocon trending in channel pattern in a monthly time frame and they try to follow Elliott wave theory and they try to take support on 0.618 Fibonacci level after analyzing all these things we can predict its short term trend is negative and in a downtrend and its long term trend is also positive and in an uptrend.
So here we try to predict two share price targets for the share of this company the first share price target for the year 2023 is around Rs.768 and the second share price target for the shares of Biocon Ltd is about Rs.846.
When we go through the profit growth, we can see some downfall by some terms that are profit growth is very bad for the shares of Biocon Ltd is about -36.38% and sales growth are also lying in the negative direction and it is about -7.13% but because of their Market Cap which is about Rs.38,143.06 Cr.
it will recover soon and here we try to predict two share price targets for the shares of Biocon first is around Rs.944 and the second share price target for the share of Biocon is about Rs.1,049.
The base of fundamental analysis Biocon Ltd made a handsome amount of profit from last 5 years which help them to emerge as one of the renowned names in the Company and its net profit after paying all the taxes is increasing per year but last year because of the Nation Wide Lockdown they make little less amount of profit from earlier years.
Here we try to predict two share price targets for the shares of Biocon Ltd the first target for the shares of this company is around Rs.1,123 and the second share price target for the shares of this company at the end of the year 2025 is about Rs.1,221.
To the updated news, Biocon Will emerge as the best in their field because of the development and manufacture of life-saving drugs which include drugs for diabetes patients, Kidney Patients, Oncologic Patients, and Neurologic Patients and they are also trying to develop some vaccines for the breast cancer people.
Biocon Ltd can sustain its top Place in the biopharmaceutical sector in India and here we try to predict two share price targets for the shares of Biocon Ltd which they can attain at the end of this decade first is around Rs.3,389 and second share price target for the shares of Biocon Ltd is about Rs.3,932.
Conclusion
In this article, We have learned a detailed analysis of Biocon Ltd Share Price Target 2022, 2023, 2024, 2025, And 2030 and tried to include every aspect in our article which is really essential.
As we know very well like strength, limitations, share price target for the company shares, try to tell every relatable news, research and updates regarding this share of Biocon Ltd which can become one of the safest options for you to invest.
I am a skillful trainer of the share market for the last 7 years. I have better knowledge of technical analysis, fundamental analysis, chart understanding, writing about share market, investing as well as trading which I wanted to spread all over the people.