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Markets Closed·01:24IST · Next open: 19 / 10 / 2026
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Midcap 100 · NSE · Healthcare

BIOCON

₹349.20
-2.80 (-0.80%)
Bar 2026-10-16
Open
352.60
Day high
353.00
Day low
348.00
Prev close
352.00
Volume
18.8 L
52W range
338–447
Traded value
65.5 Cr
Conviction
4.09 / 10
disqualified
Disqualified by the shield
  • 3-year average ROCE >= 12% (non-financials): roce_3y_avg_pct is 5.37, rule needs >= 12.0 (off by 6.63)
  • 3-year average ROE >= 12%: roe_3y_avg_pct is 3.66, rule needs >= 12.0 (off by 8.34)
  • Positive revenue and PAT compounding over last 3 FY: revenue_pat_positive_cagr_3y is False, rule needs == True
Score is capped at 4.9 while any rule fails. Everything else on this page is context, not a recommendation.
Entry zone
347.12–351.28
Stop
336.73 (-3.6%)
Targets
374.14 / 386.61 1:2
Qty · value
14318 · ₹4,999,846
ZerodhaGroww
F 4.8 × 0.3
roce_3y_avg_pct: 5.37 → 4.0 (w 0.3)
roe_3y_avg_pct: 3.66 → 4.0 (w 0.3)
revenue_cagr_3y_pct: 49.52 → 10.0 (w 0.2)
pat_cagr_3y_pct: -16.66 → 2.0 (w 0.2)
T 2.6 × 0.25
ret20_pct: -8.11 → 2.0 (w 0.4)
dist_ema50_pct: -9.16 → 2.0 (w 0.3)
rel_volume: 0.64 → 4.0 (w 0.3)
M 5.0 × 0.2 not sourced · neutral
no components with data
B 4.0 × 0.25 0 trades, below minimum
no components with data
Gap to setup: 3.91 · binding term T at 2.6, cannot close the gap alone
Shield checklist (3 fail · 6 pass · 2 skipped)
✓ Debt-to-Equity < 0.5 for non-financials debt_to_equity < 0.5 0.44
✓ Promoter holding >= 40% (mid caps; waived for large caps per decision 2026-10-17) promoter_holding_pct >= 40.0 44.68
✓ Promoter pledge < 2% of promoter holding promoter_pledge_pct < 2.0 0.0
✓ FII + DII > 10% (mid and small caps) fii_dii_pct > 10.0 31.52
✓ FII + DII not falling by more than 0.5 pp over 4 quarters fii_dii_change_4q_pp >= -0.5 2.65
✓ Not in any ASM / GSM stage in_asm_gsm == False False
– No audit qualification or mid-term auditor resignation in last 3 FY audit_red_flag_3y == False missing
✗ 3-year average ROCE >= 12% (non-financials) roce_3y_avg_pct >= 12.0 5.37
✗ 3-year average ROE >= 12% roe_3y_avg_pct >= 12.0 3.66
– US revenue share < 5% (mid and small; waived for large caps per decision 2026-10-17) us_revenue_share_pct < 5.0 missing
✗ Positive revenue and PAT compounding over last 3 FY revenue_pat_positive_cagr_3y == True False
Fundamentals as of 2026-10-16
Backtest 0 trades · W — · exp —R · PF —
Last 250 sessions, counted only on days the shield passed. Avg win —R, avg loss —R.
Trigger not fired today
open 352.60
high 353.00
low 348.00
close 349.20
volume 1,876,294.00
hh20 397.20
vol_avg20 2,928,023.95
tv_avg20 1,089,421,596.72
atr14 8.31
ema20 365.53
ema50 384.42
rsi14 28.36
ret20 -8.11
ll20 342.15
sma20 368.73
sma50 392.17
sma200 393.23
macd_line -12.80
macd_signal -12.05
macd_hist -0.74
chg1d -0.80
rel_volume 0.64
Ownership 7 quarters
As ofPromoterPledgeFIIDIIFII+DII
2025-04-2160.60.05.715.721.4
2025-07-2154.40.06.022.928.9
2025-10-2154.40.06.622.128.7
2026-01-2154.40.07.421.729.1
2026-04-2144.90.07.524.131.6
2026-07-2144.70.08.123.431.5
2026-10-1644.70.08.123.431.5
■ Promoter ■ FII ■ DII
Liquidity & cost
Avg traded value 108.9 Cr/session · proposed order 0.46% of ADV · est. round-trip cost incl. slippage 0.43% · ATR 8.31
Backtest has only 0 trades (minimum 8); B uses the fallback score.Macro/sentiment term (M) is not sourced yet and sits at the neutral score.Fundamental ratios are a current snapshot back-filled into history for the backtest.Prices are NSE bhavcopy, unadjusted for splits and bonuses.
Fundamentals
Trendlyne · as of 2026-10-16
F 4.8 / 10
✓ 5 shield rules pass ✗ 4 fail
Quality
✗ ROCE 3-yr average 5.4% → 4.0
✗ ROE 3-yr average 3.7% → 4.0
✓ Debt / equity 0.44×
Growth
✗ Revenue growth 3-yr CAGR 49.5% → 10.0
✗ Profit growth 3-yr CAGR -16.7% → 2.0
Who owns it
✓ Promoter holding 44.7%
✓ Promoter pledge of their holding 0.0%
· Foreign institutions FII 8.1%
· Domestic institutions DII 23.4%
✓ FII + DII 31.5%
✓ Institutional change 4 quarters +2.65 pp
Holdings trend 7 quarters · 2025-04-21 → 2026-10-16
Promoter 60.6 → 44.7% -15.9 pp
FII 5.7 → 8.1% +2.4 pp
DII 15.7 → 23.4% +7.7 pp
Pledge 0.0 → 0.0% 0.0 pp
ⓘ Fundamentals are the balance-sheet side of the picture: how profitable the business is, whether it is growing, how much it owes, and who owns it. The shield turns the worst of these into hard disqualifiers; the F sub-score rewards the best. Ratios are annual and update when results are filed; holdings update each quarter. ✓ ✗ – show the shield verdict on each row; → is the row's F-score contribution (0–10). Learn more.
Range3M6M1Y
Price & moving averages ● Close● SMA 20● SMA 50● SMA 200● EMA 20
332360389417445stop 337target 3742026-07-202026-08-112026-09-012026-09-232026-10-16
Volume vs 20-day average gold = 1.5× or more
0.038L77L1.1Cr2026-07-202026-09-012026-10-16
RSI (14)28.4
05010070302026-07-202026-09-012026-10-16
MACD (12, 26, 9)
-150152026-07-202026-09-012026-10-16
Signal analysisbearish · score -3
  • ● Price below 50-DMA
  • ● MACD below signal
  • ● RSI momentum negative (<45)
  • ● RSI oversold (<30)
RSI (14)28.4 · oversold
MACD / signal-12.80 / -12.05
MACD crossovernone today
SMA 20 / 50368.73 / 392.17
SMA 200393.23
Volume confirmation0.64×
20-day range342.15 – 397.20
Breakout—
ⓘ Score sums trend (close vs 50-day average), MACD vs its signal line, RSI momentum and 20-day breakouts/breakdowns. +2 or more is bullish, -2 or less is bearish. A breakout is volume-confirmed when volume is at least 1.5x its 20-day average. Informational only, not advice.
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