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future price of the Biocon share depends not only on the future prospects of
present and potential Biocon investors, but also on the ongoing dynamics of
investors with different trading styles. The price target is for the short,
medium and long term. A well-managed price analysis by Biocon Ltd looks at and
measures market volatility, profitability, liquidity, solvency, efficiency,
growth potential, financial debt and other key indicators.
considered overbought if the RSI value is above 70, and oversold if it is below
30. A better P / E shows that buyers are willing to pay better value per share
when we talk about the evolution of expectations. Biocons indicators reflecting
short-term sentiment are summarized in the following table.
Ltd Sharekhan 46,575 52,000 46,775 4,157 BUY Broker Report ShareKhan We reserve
a purchase recommendation for the shares of Biocon after revising the PT to Rs.
Biocon Ltd Geojit BNP Paribas Target $38,115 43,000 38,115 36.3% 17.07% BUY
Report "We expect a long-term sustained growth for Biocon due to a strong
pipeline of start-ups and increased investment.
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