Biocon shares underperform pharma index in last 1 year; global brokerage retains sell, sees 51% further downside

Biocon share price was down over 2 percent intraday on July 6. The Nifty Pharma index has returned over 45 percent against the stock which has remained flat for the last 12 months.
The stock was trading at Rs 395.05, down Rs 8.35, or 2.07 percent at 11:44…

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