Biocon

#1
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?
 
#3
Now the Biocon is sliding to 466 and I have entered it on 500 so pls advice me whether I still hold or sell at the current mkt price
 

alokdaga

Active Member
#4
Gopal said:
Now the Biocon is sliding to 466 and I have entered it on 500 so pls advice me whether I still hold or sell at the current mkt price
I feel one should have a fixed stop loss when entering a trade. Atleast that can keep capital preserved to enter at lower levels.
 

Traderji

Super Moderator
#5
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.
 

Similar threads

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Name:Phone:
Email:City:
State:
Are you a day trader?