May 02, 2012, 07.05 PM IST | Source: CNBC-TV18

Buy Biocon, says D D Sharma

D D Sharma of Risk Capital Advisors is of the view that one should buy Biocon.

D D Sharma , Risk Capital Advisors

D D Sharma of Risk Capital Advisors is of the view that one should buy Biocon .

Sharma told CNBC-Awaaz, "One can accumulate Biocon with a stoploss of Rs 229. The stock can touch level of Rs 255 in medium term."

The company touched its 52-week high Rs 382.00 and 52-week low Rs 225.75 on 20 Jul, 2011 and 27 Apr, 2012, respectively.
Currently, it is trading -37.72% below its 52-week high and 5.38% above its 52-week low.

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