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#1
20th January 2005, 01:19 PM
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Biocon
Biocon Q3 net flares 43.6% at Rs 50.29 cr
Biocon net profit flared 43.68% to Rs 50.29 crore year-on-year, while net sales surged 27.84% to to Rs 177.71 crore. Biocon has announced its third quarter results. Net profit has flared 43.68% from Rs 35 crore (Rs 350 million) to Rs 50.29 crore (Rs 502.9 million) year-on-year. Net sales surged 27.84% from Rs 139 crore (Rs 1.39 billion) to Rs 177.71 crore (Rs 1.77 billion). Net Profit Margin has surged from 25.18% to 28.3% YoY. In spite of all this the share is sliding down further... any ideas/comments? 
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#2
20th January 2005, 06:20 PM
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Re: Biocon
Stock prices discount future earnings of a company so don't be surprised when you see a decline in price of a paricular stock on declaration of good results.
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#4
21st January 2005, 02:52 PM
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Re: Biocon
Quote:
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#5
21st January 2005, 03:48 PM
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Re: Biocon
It is very important to determine your maximum loss before entering a trade.
That is you should know in advance the amount of money you can afford to loose before entering a trade.
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