Healthcare/Biotech
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Updated on 13 Nov 2025, 06:20 am
Reviewed By
Satyam Jha | Whalesbook News Team
SBI Mutual Fund, through its various investment schemes, has acquired an additional 3,70,150 shares of Biocon Limited. This transaction, completed on November 11, 2025, has elevated SBI Mutual Fund's total shareholding in the biotechnology firm to 6,68,65,887 shares, representing 5.0013% of Biocon's total paid-up share capital. The news led to a positive market reaction, with Biocon's share price surging over 3% during Thursday's trading session. This follows a strong performance in the past six months, where the stock has already gained approximately 27.86%. The company also recently announced its Q2FY26 financial results, reporting a consolidated net profit of Rs 85 crore, a significant improvement from a net loss of Rs 16 crore in the same quarter last year. Revenue from operations for Q2FY26 stood at Rs 4,296 crore.
Impact This increased institutional holding by a major mutual fund like SBI Mutual Fund often signals strong confidence in the company's future prospects. It can lead to increased investor interest, potentially driving the stock price higher and improving market liquidity. The positive momentum from the stake buy, combined with improved financial results, is bullish for Biocon's stock. Rating: 8/10.
Difficult Terms: Stake: A shareholding or interest in a company. Paid-up share capital: The total value of shares that a company has sold to investors in exchange for cash. Regulatory filing: A document submitted to a government regulatory body, such as a stock exchange or securities commission, containing important information about a company. Consolidated net profit: The total profit of a parent company and all its subsidiaries after deducting all expenses and taxes. Revenue from operations: The income generated by a company from its primary business activities before deducting expenses.