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PharmaHigh impactAfter close

Biocon Q2 profit surges on Equillium stake sale

after close1 source ↓written by the desknot a recommendation

for the quarter
₹3.55 billion
a year earlier
₹688 million

Biocon Ltd reported a five-fold increase in Q2 profit, reaching ₹3.55 billion for the quarter ending 30 Sept 2023, up from ₹688 million a year earlier. This surge was driven by a one-off gain of ₹1.89 billion from the sale of its stake in Equillium.

This significant profit boost may enhance investor sentiment and support Biocon's stock performance in the near term.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Dec 2025, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BIOCON closed +0.2% on the day of the news, from ₹398.55 to ₹399.30; Nifty +0.8% over the same session; futures OI −2.7%.

Bulletin at 16:03 IST on 21 Dec 2025. Every change is measured from ₹398.55, the last close before it, on 19 Dec. Nifty 50 is measured over the same sessions.

  • BIOCON close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BIOCON closes around the bulletin against the close before the news, with Nifty 50 rebased to it357.10398.55440.00axis spans 23%before the news · 19 Dec398.55Nifty 50BIOCONbulletinD0+1+3+515 Dec26 Dec6 JanFutures open interest, lotspeak 19,000Reference close ₹398.55. 16 sessions from 15 Dec to 6 Jan; the price axis spans 23 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before19 Dec₹398.55basebase
On the day22 Dec₹399.30▲ +0.2%▲ +0.8%−0.6 pp difference
+1 session23 Dec₹401.55▲ +0.8%▲ +0.8%−0.1 pp difference
+3 sessions26 Dec₹395.45▼ −0.8%▲ +0.3%−1.1 pp difference
+5 sessions30 Dec₹390.40▼ −2.0%▼ −0.1%−1.9 pp difference
Gap at the open, % · ₹
0.0%+0.12 on 22 Dec
Day's range, % · ₹
1.4%≈ 5.5 high to low
Volume on the day
0.65×the 20-session average
Futures OI on the day
▼ −2.7%−510 lots · short covering · price +0.2%
Futures OI open, lots
19,00022 Dec · 30 Dec expiry
Futures premium, ₹
+0.50+0.1% to spot
Puts per call, by OI
0.60from 0.57 the session before
Max pain
400from 395 the session before

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