Biocon

RS 40 cr forex loss

Posted by : sanecouncel.
Price when posted : BSE: Rs 169.60 ( -3.00 % ), NSE: Rs. 169.95 ( -3.08 % )

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i do not know but my guruji is expert and he told me that in this 2nd quarter biocon will have to make provision for MTM forex loss anywhere between 32-40 crore inr but that will be a........

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RS 40 cr forex loss

Posted by : Guest

sane
(1) can you explain difference between mark to market loss (actual) and mark to market loss provision on account of forward cover on export revenues?

i think you are an expert of forex transactions???????

RS 40 cr forex loss

Posted by : Guest
Price when posted : BSE: Rs 169.60 ( -3.00 % ), NSE: Rs. 169.95 ( -3.08 % )

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sane
(1) can you explain difference between mark to market loss (actual) and mark to market loss provision on account of forward cover on export revenues?

i think you are an expert of forex transactions???????...

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RS 40 cr forex loss

Posted by : sanecouncel.

biocon is going to have rs 40 cr mark to market forex loss in q2 fy09

Bonus shares in ICICIDirect

Posted by : Guest
Price when posted : BSE: Rs 169.60 ( -3.00 % ), NSE: Rs. 169.95 ( -3.08 % )

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even i didnt receive it, but does it matter , a non performing company, had we put the money in dishman :o(...

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Bonus shares in ICICIDirect

Posted by : sumong

Hi guys...did all get Biocon's bonus shares in their ICICIDirect A/C...pls let me knw...as I've not yet rcvd it...

RS 40 cr forex loss

Posted by : sanecouncel.
Price when posted : BSE: Rs 174.85 ( -1.77 % ), NSE: Rs. 175.35 ( -1.74 % )

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biocon is going to have rs 40 cr mark to market forex loss in q2 fy09
...

Biocon to Soar from Monday

Posted by : sanecouncel.
Price when posted : BSE: Rs 177.25 ( -0.42 % ), NSE: Rs. 177.60 ( -0.48 % )

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what about fundamental, biocon is loosing rs 40 cr as forex loss????/...

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Biocon to Soar from Monday

Posted by : Guest

Biocon to soar upto Rs 245 continously as it has formed the triple touch fulcrum as per technical analysis.

Bonus shares in ICICIDirect

Posted by : sumong
Price when posted : BSE: Rs 178.00 ( 3.22 % ), NSE: Rs. 178.45 ( 3.03 % )

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Hi guys...did all get Biocon's bonus shares in their ICICIDirect A/C...pls let me knw...as I've not yet rcvd it......

Biocon to Soar from Monday

Posted by : Guest
Price when posted : BSE: Rs 179.95 ( -2.55 % ), NSE: Rs. 180.75 ( -1.58 % )

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Biocon to soar upto Rs 245 continously as it has formed the triple touch fulcrum as per technical analysis....

Sell Biocon @ 195

Posted by : sanecouncel.
Price when posted : BSE: Rs 184.65 ( -0.83 % ), NSE: Rs. 183.65 ( -1.58 % )

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hi psgs bhai, last 5 minues , maja aaya...111000 plus o/s in fo was the reason...

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Sell Biocon @ 195

Posted by : psgs

hi sane,
what is your ST target for biocon now?

swamy.

Sell Biocon @ 195

Posted by : sanecouncel.
Price when posted : BSE: Rs 184.65 ( -2.92 % ), NSE: Rs. 185.00 ( -2.53 % )

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3.26 pm LT. yes i got bonus shares on monday itself....

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Sell Biocon @ 195

Posted by : sanecouncel.

hi psgs , i only buy during panic selling never in slow and slow slow going down, like ranbaxy sink today though news is bad there .
so wait for panic selling if any , in bear market you will never miss bus, bus will come to your doorstep, you just need some patience

Sell Biocon @ 195

Posted by : sanecouncel.
Price when posted : BSE: Rs 184.65 ( -2.92 % ), NSE: Rs. 185.00 ( -2.53 % )

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hi psgs , i only buy during panic selling never in slow and slow slow going down, like ranbaxy sink today though news is bad there .
so wait for panic selling if any , in bear market you will never miss bus, bus will come to your doorstep, you just need some patience...

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Sell Biocon @ 195

Posted by : psgs

yes sane bhai,
u are right. its good to hold cash and wait for the dream prices. many counters have already touched those dream prices. but its tempting to enter now. but very scary at the same time. so one has to buy in regular intervals i feel. if u miss the bus finally after waiting for so many months whats is the point. so better start buying at current levels in instalments dear. i want to buy some shares now.
well....what about the bonus shares yaar. is it credited to your account or what? when did the bonus shares got credited to your account.
please reply back with details.

thanks,
swamy.

Sell Biocon @ 195

Posted by : psgs
Price when posted : BSE: Rs 184.65 ( -2.92 % ), NSE: Rs. 185.00 ( -2.53 % )

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yes sane bhai,
u are right. its good to hold cash and wait for the dream prices. many counters have already touched those dream prices. but its tempting to enter now. but very scary at the same time. so one has to buy in regular intervals i feel. if u miss the bus finally after waiting for so many months whats is the point. so better start buying at current levels in instalments dear. i want to buy some shares now.
well....what about the bonus shares yaar. is it credited to your account or what? when did the bonus shares got credited to your account.
please reply back with details.

thanks,
swamy.
...

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Sell Biocon @ 195

Posted by : sanecouncel.

no target for any stock , this is not a normal situation prevailing in market , wait for dream price.... it may come or may not, but if that happens u will find me there dear psgs

Sell Biocon @ 195

Posted by : sanecouncel.
Price when posted : BSE: Rs 184.65 ( -2.92 % ), NSE: Rs. 185.00 ( -2.53 % )

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no target for any stock , this is not a normal situation prevailing in market , wait for dream price.... it may come or may not, but if that happens u will find me there dear psgs...

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Sell Biocon @ 195

Posted by : psgs

hi sane,
what is your ST target for biocon now?

swamy.

7th largest Bio-Tech in World

Posted by : rvk41
Price when posted : BSE: Rs 190.20 ( -0.65 % ), NSE: Rs. 189.80 ( -1.58 % )

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Biocon Ltd has been ranked as the seventh largest employer amongst the top global biotechnology companies by global BT magazine Med Ad News.

Med Ad News provides readers with extensive insight into trends and events affecting pharmaceutical business, product marketing, and sales.
Biocon among top 25 biotech companies
According to a report released by Med Ad News, which takes into consideration drug-based firms, the city-based Biocon had been ranked seventh-largest by number of employees it employed, a Biocon release said here today.

BIO 2008, held in San Diego, stated that the global biotechnology industry will be a $100 billion annual business by 2010. The revenue had reached $85 billion in 2007.

There were close to 5,000 biotech companies across the globe. The top 25 biotech companies represent 62 per cent of all biotech sales and probably over 90 per cent of income.

Reacting to the listing, Kiran Mazumdar-Shaw, CMD of Biocon said, \"It is a matter of immense pride for Biocon to be ranked amongst the top global league of Biotech companies.

\"This is a validation of our consistent effort at attaining global leadership and also highlights the true potential of this sector in a country like India.\" Amgen Inc is the top ranked BT company in the world having a staff strength of 20,100 in the year 2007, while Biocon had a strength of about 3,000.

Established in 1978, Biocon and its two subsidiaries, Syngene and Clinigene form a fully integrated biotechnology enterprise, with specialised focus on bio pharmaceuticals, contract research and clinical research.

For information,with regards
rvk41...

Sell Biocon @ 195

Posted by : abc13
Price when posted : BSE: Rs 190.20 ( -0.65 % ), NSE: Rs. 189.80 ( -1.58 % )

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bonus shares have been credited in my reliance money demat a/c directly...

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Sell Biocon @ 195

Posted by : psgs

dear vkk43,

has the bonus shares got credited to the demat accounts?

when it will be credited if not? kindly reply.

swamy.

Target & Bonus

Posted by : vjay007hk
Price when posted : BSE: Rs 190.20 ( -0.65 % ), NSE: Rs. 189.80 ( -1.58 % )

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How many of you got the Bonus shares ?
Whats the target for 2 years from now ?...