Biocon Ltd (BIOCON) Share Price Target 2024, 2025, upto 2030

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 2024-12-20 shares of BIOCON closed at ₹335.95 which is ₹14.4 lower than its previous close of ₹350.35. The company has been in mixed trend for the past one week.

Historical Performance

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

In the next 2 months, BIOCON is expected to potentially reach ₹407.63, if the overall market performs well.

BIOCON Share Price Target 2025

The share price of BIOCON is expected to reach a value of Rs. 438.44 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 985.71 by December 2025.

Summary of BIOCON Share Price Forecast for 2025

• The initial price target for Biocon Ltd in 2025 is projected to be ₹438.44.
• With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹635.80.
• By the end of 2025, the price target for Biocon Ltd is expected to potentially reach ₹985.71, considering bullish market trends.

BIOCON Share Price Target 2026

As per technical data, The minimum share price target of BIOCON is expected to reach Rs. 1060.21 and the maximum value that shares of BIOCON can reach is Rs. 2383.62.

Summary of BIOCON Share Price Forecast for 2026

• The initial price target for Biocon Ltd in 2026 is projected to be ₹1,060.21.
• With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹1,537.47.
• By the end of 2026, the price target for Biocon Ltd is expected to potentially reach ₹2,383.62, considering bullish market trends.

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 ₹2563.78 - ₹3717.88. By the second half of 2027, the share price of BIOCON may reach a maximum value of ₹5763.99.

Summary of BIOCON Share Price Forecast for 2027

• The initial price target for Biocon Ltd in 2027 is projected to be ₹2,563.78.
• With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹3,717.88.
• By the end of 2027, the price target for Biocon Ltd is expected to potentially reach ₹5,763.99, considering bullish market trends.

BIOCON Share Price Target 2028

Summary of BIOCON Share Price Forecast for 2028

• The initial price target for Biocon Ltd in 2028 is projected to be ₹6,199.65.
• With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹8,990.46.
• By the end of 2028, the price target for Biocon Ltd is expected to potentially reach ₹13,938.33, considering bullish market trends.

BIOCON Share Price Target 2029

Summary of BIOCON Share Price Forecast for 2029

• The initial price target for Biocon Ltd in 2029 is projected to be ₹14,991.83.
• With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹21,740.49.
• By the end of 2029, the price target for Biocon Ltd is expected to potentially reach ₹33,705.30, considering bullish market trends.

BIOCON Share Price Target 2030

Summary of BIOCON Share Price Forecast for 2030

• The initial price target for Biocon Ltd in 2030 is projected to be ₹36,252.82.
• With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹52,572.26.
• By the end of 2030, the price target for Biocon Ltd is expected to potentially reach ₹81,505.22, considering bullish market trends.

BIOCON Share Price Target 2031

Summary of BIOCON Share Price Forecast for 2031

• The initial price target for Biocon Ltd in 2031 is projected to be ₹87,665.58.
• With favorable market conditions, the mid-year price target for Biocon Ltd could reach ₹127,128.80.
• By the end of 2031, the price target for Biocon Ltd is expected to potentially reach ₹170,511.95, considering bullish market trends.

Key Takeaways from Forecasted Price for BIOCON from 2024 to 2030

• In the next 2 months, BIOCON is expected to potentially reach ₹407.63, if the overall market performs well.
• For Biocon Ltd in 2025, a bullish trend might take the stock to a mid-year target of ₹635.80, followed by a steady climb to ₹985.71.
• In 2026, a temporary decline in early months for Biocon Ltd is possible, with a recovery expected by mid-year, aiming for ₹1,537.47.
• Anticipating mixed trends for Biocon Ltd in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹5,763.99.
• 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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