BIOCON belongs to the Healthcare sector and operates within the Biotechnology industry. The company is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). In this detailed post, we will explore BIOCON share price targets for 2024, 2025, 2026, and up to 2030. For long-term forecasts, we will use different technical analysis approaches to predict targets up to the year 2030.
To forecast the price of BIOCON up to the year 2030, we will use a machine learning approach where the forecasted data is trained on the past performance. Biocon Ltd, known for its significant presence in the Indian share market, has shown various trends over the years. In this section, we discuss BIOCON's current market position, its growth trajectory, and how external market factors might influence its price performance leading up to 2030.
BIOCON’s Performance Overview
Current Performance
Today 2024-10-11 shares of BIOCON closed at ₹346.15 which is ₹0.34999999999997 higher than its previous close of ₹345.8. The company has been in mixed trend for the past one week.
Historical Performance
| Date | Close | Gain/Loss |
|---|---|---|
| 2024-10-03 | ₹356.55 | ₹14.10 (3.80%) |
| 2024-10-04 | ₹346.35 | ₹10.20 (2.86%) |
| 2024-10-07 | ₹340.00 | ₹6.35 (1.83%) |
| 2024-10-08 | ₹342.70 | ₹2.70 (0.79%) |
| 2024-10-09 | ₹347.05 | ₹4.35 (1.27%) |
| 2024-10-10 | ₹345.80 | ₹1.25 (0.36%) |
| 2024-10-11 | ₹346.15 | ₹0.35 (0.10%) |
BIOCON for Tomorrow
Last three days were negative and we can see a continuation bearish trend for tomorrow. This data is important as traders can make better swing trading entries for the upcoming year 2025 or even long-term targets up to 2030.
BIOCON Share Price Target 2024
Most of the Indian stocks like BIOCON have experienced an impressive Bull run in 2023. In the first quarter of 2024, the bullish sentiment of the market will likely stay the same with some consolidation in the beginning few months. As per technical data, the minimum share price target in 2024 for BIOCON is expected to be ₹419.2 and the maximum price target for 2024 will be ₹542.29.
| Month | Target |
|---|---|
| April 2024 target for BIOCON | ₹419.2 |
| May 2024 target for BIOCON | ₹434.58 |
| June 2024 target for BIOCON | ₹449.97 |
| July 2024 target for BIOCON | ₹465.35 |
| August 2024 target for BIOCON | ₹480.74 |
| September 2024 target for BIOCON | ₹496.13 |
| October 2024 target for BIOCON | ₹511.51 |
| November 2024 target for BIOCON | ₹526.9 |
| December 2024 target for BIOCON | ₹542.29 |
Summary of BIOCON Share Price Forecast for 2024
- The initial price target for Biocon Ltd in 2024 is projected to be ₹419.2.
- With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹496.13.
- By the end of 2024, the price target for Biocon Ltd is expected to potentially reach ₹542.29, considering bullish market trends.
Predicted Price Chart for 2024
BIOCON Share Price Target 2025
The share price of BIOCON is expected to reach a value of Rs. 553 by January 2025. If the Macro and Micro economic factors along with the industry trend support, we might see the target price of Biocon Ltd reach Rs 620 by December 2025.
| Month | Target |
|---|---|
| January 2025 target for BIOCON | ₹553 |
| February 2025 target for BIOCON | ₹564 |
| March 2025 target for BIOCON | ₹575 |
| April 2025 target for BIOCON | ₹556 |
| May 2025 target for BIOCON | ₹537 |
| June 2025 target for BIOCON | ₹519 |
| July 2025 target for BIOCON | ₹540 |
| August 2025 target for BIOCON | ₹562 |
| September 2025 target for BIOCON | ₹584 |
| October 2025 target for BIOCON | ₹596 |
| November 2025 target for BIOCON | ₹608 |
| December 2025 target for BIOCON | ₹620 |
Summary of BIOCON Share Price Forecast for 2025
- The initial price target for Biocon Ltd in 2025 is projected to be ₹553.
- With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹519.
- By the end of 2025, the price target for Biocon Ltd is expected to potentially reach ₹620, considering bullish market trends.
Predicted Price Chart for 2025
BIOCON Share Price Target 2026
As per technical data, The minimum share price target of BIOCON is expected to reach Rs. 632 and the maximum value that shares of BIOCON can reach is Rs. 711.
| Month | Target |
|---|---|
| January 2026 target for BIOCON | ₹632 |
| February 2026 target for BIOCON | ₹645 |
| March 2026 target for BIOCON | ₹658 |
| April 2026 target for BIOCON | ₹636 |
| May 2026 target for BIOCON | ₹615 |
| June 2026 target for BIOCON | ₹595 |
| July 2026 target for BIOCON | ₹619 |
| August 2026 target for BIOCON | ₹644 |
| September 2026 target for BIOCON | ₹670 |
| October 2026 target for BIOCON | ₹683 |
| November 2026 target for BIOCON | ₹697 |
| December 2026 target for BIOCON | ₹711 |
Summary of BIOCON Share Price Forecast for 2026
- The initial price target for Biocon Ltd in 2026 is projected to be ₹632.
- With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹595.
- By the end of 2026, the price target for Biocon Ltd is expected to potentially reach ₹711, considering bullish market trends.
Predicted Price Chart for 2026
BIOCON Share Price Target 2027
Using Fibonacci projections, the estimated price target forecast for Biocon Ltd (BIOCON) in the first half of the year 2027 will be between ₹725 - ₹682. By the second half of 2027, the share price of BIOCON may reach a maximum value of ₹813.
| Month | Target |
|---|---|
| January 2027 target for BIOCON | ₹725 |
| February 2027 target for BIOCON | ₹740 |
| March 2027 target for BIOCON | ₹755 |
| April 2027 target for BIOCON | ₹730 |
| May 2027 target for BIOCON | ₹706 |
| June 2027 target for BIOCON | ₹682 |
| July 2027 target for BIOCON | ₹709 |
| August 2027 target for BIOCON | ₹737 |
| September 2027 target for BIOCON | ₹766 |
| October 2027 target for BIOCON | ₹781 |
| November 2027 target for BIOCON | ₹797 |
| December 2027 target for BIOCON | ₹813 |
Summary of BIOCON Share Price Forecast for 2027
- The initial price target for Biocon Ltd in 2027 is projected to be ₹725.
- With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹682.
- By the end of 2027, the price target for Biocon Ltd is expected to potentially reach ₹813, considering bullish market trends.
Predicted Price Chart for 2027
BIOCON Share Price Target 2028
| Month | Target |
|---|---|
| January 2028 target for BIOCON | ₹829 |
| February 2028 target for BIOCON | ₹846 |
| March 2028 target for BIOCON | ₹863 |
| April 2028 target for BIOCON | ₹834 |
| May 2028 target for BIOCON | ₹806 |
| June 2028 target for BIOCON | ₹779 |
| July 2028 target for BIOCON | ₹810 |
| August 2028 target for BIOCON | ₹842 |
| September 2028 target for BIOCON | ₹876 |
| October 2028 target for BIOCON | ₹894 |
| November 2028 target for BIOCON | ₹912 |
| December 2028 target for BIOCON | ₹930 |
Summary of BIOCON Share Price Forecast for 2028
- The initial price target for Biocon Ltd in 2028 is projected to be ₹829.
- With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹779.
- By the end of 2028, the price target for Biocon Ltd is expected to potentially reach ₹930, considering bullish market trends.
Predicted Price Chart for 2028
BIOCON Share Price Target 2029
| Month | Target |
|---|---|
| January 2029 target for BIOCON | ₹949 |
| February 2029 target for BIOCON | ₹968 |
| March 2029 target for BIOCON | ₹987 |
| April 2029 target for BIOCON | ₹954 |
| May 2029 target for BIOCON | ₹922 |
| June 2029 target for BIOCON | ₹891 |
| July 2029 target for BIOCON | ₹927 |
| August 2029 target for BIOCON | ₹964 |
| September 2029 target for BIOCON | ₹1003 |
| October 2029 target for BIOCON | ₹1023 |
| November 2029 target for BIOCON | ₹1043 |
| December 2029 target for BIOCON | ₹1064 |
Summary of BIOCON Share Price Forecast for 2029
- The initial price target for Biocon Ltd in 2029 is projected to be ₹949.
- With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹891.
- By the end of 2029, the price target for Biocon Ltd is expected to potentially reach ₹1064, considering bullish market trends.
Predicted Price Chart for 2029
BIOCON Share Price Target 2030
| Month | Target |
|---|---|
| January 2030 target for BIOCON | ₹1085 |
| February 2030 target for BIOCON | ₹1107 |
| March 2030 target for BIOCON | ₹1129 |
| April 2030 target for BIOCON | ₹1091 |
| May 2030 target for BIOCON | ₹1055 |
| June 2030 target for BIOCON | ₹1020 |
| July 2030 target for BIOCON | ₹1061 |
| August 2030 target for BIOCON | ₹1103 |
| September 2030 target for BIOCON | ₹1147 |
| October 2030 target for BIOCON | ₹1170 |
| November 2030 target for BIOCON | ₹1193 |
| December 2030 target for BIOCON | ₹1217 |
Summary of BIOCON Share Price Forecast for 2030
- The initial price target for Biocon Ltd in 2030 is projected to be ₹1085.
- With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹1020.
- By the end of 2030, the price target for Biocon Ltd is expected to potentially reach ₹1217, considering bullish market trends.
Predicted Price Chart for 2030
Key Takeaways from Forecasted Price for BIOCON from 2024 to 2030
| Year | Initial Target | Mid-Year Target | Year-End Target |
|---|---|---|---|
| 2024 | ₹419.2 | ₹496.13 | ₹542.29 |
| 2025 | ₹553 | ₹519 | ₹620 |
| 2026 | ₹632 | ₹595 | ₹711 |
| 2027 | ₹725 | ₹682 | ₹813 |
| 2028 | ₹829 | ₹779 | ₹930 |
| 2029 | ₹949 | ₹891 | ₹1064 |
| 2030 | ₹1085 | ₹1020 | ₹1217 |
- In 2024, Biocon Ltd (BIOCON) is expected to experience strong growth, with an initial target of ₹419.2. However, market volatility might lead to fluctuations mid-year, peaking at ₹511.51.
- For Biocon Ltd in 2025, a bullish trend might take the stock to a mid-year target of ₹540, followed by a steady climb to ₹620.
- In 2026, a temporary decline in early months for Biocon Ltd is possible, with a recovery expected by mid-year, aiming for ₹619.
- Anticipating mixed trends for Biocon Ltd in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹813.
- For 2028 and 2029, Biocon Ltd is expected to show strong and steady growth, potentially breaking past previous highs and setting new records.
- By 2030, the cumulative impact of market dynamics could lead Biocon Ltd to a substantial year-end target, surpassing previous expectations.
Final Words on Biocon Ltd (BIOCON) Share Price Target up to 2030
To summarize, we have presented BIOCON share price target 2024, 2025, 2026, and up to 2030, based on the most recent trading data and algorithms. These targets serve as potential support and resistance levels for the coming years.
It's essential to note that while these price targets are based on technical analysis, other market conditions and news could also impact the stock's performance. Therefore, these hypothetical targets should be used as guidelines and not as financial advice. Always perform your own due diligence before making any investment.
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