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Biocon Limited’s Credit Ratings Reaffirmed by CRISIL

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Biocon Limited’s Credit Ratings Reaffirmed by CRISIL

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The latest update is out from Biocon Limited ( (IN:BIOCON) ).

Biocon Limited has announced that CRISIL Ratings Limited has reaffirmed its credit ratings for the company’s bank facilities, maintaining a long-term rating of Crisil AA+/Stable and a short-term rating of Crisil A1+. This reaffirmation reflects Biocon’s strong financial position and stability, which is crucial for its continued operations and growth in the competitive biopharmaceutical industry.

More about Biocon Limited

Biocon Limited is a prominent player in the biopharmaceutical industry, primarily engaged in the development and manufacturing of biologics, biosimilars, and generic formulations. The company focuses on providing affordable healthcare solutions and has a significant presence in both domestic and international markets.

Average Trading Volume: 157,109

Technical Sentiment Signal: Strong Buy

Current Market Cap: 516B INR

For an in-depth examination of BIOCON stock, go to TipRanks’ Overview page.

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