CONCORDBIO

Concord Biotech Share PriceConcord Biotech

₹1,321.75
-11.4 (-0.86%)
As on 08 December, 2023 | 02:04 BSE: 543960 NSE: CONCORDBIOISIN: INE338H01029

Concord Biotech Performance

Day Range

  • Low 1,315.05
  • High 1,353.05
₹ 1,321.75

52 Week Range

  • Low 900.05
  • High 1,397.05
₹ 1,321.75
  • Open Price1,345.65
  • Previous Close1,333.15
  • Volume69316

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Concord Biotech Share Price

  • Over 1 Month 10.16%
  • Over 3 Month 34.3%
  • Over 6 Month 78.37%
  • Over 1 Year 78.37%

Concord Biotech Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 13,828
Price to Book Ratio 10.7
EPS 22.5
Dividend 0
Relative Strength Index 56.71
Money Flow Index 62.97
MACD Signal 36.63
Average True Range 57.52

Concord Biotech Investment Rating

  • Master Rating:
  • Concord Biotech Ltd has an operating revenue of Rs. 910.76 Cr. on a trailing 12-month basis. An annual revenue growth of 21% is outstanding, Pre-tax margin of 38% is great, ROE of 18% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 11% and 17% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 65 which is a FAIR score but needs to improve its earnings, a RS Rating of 70 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 117 indicates it belongs to a poor industry group of Medical-Biomed/Biotech and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Concord Biotech Financials
IndicatorSep 2023Jun 2023
Oper Rev Qtr Cr 262195
Operating Expenses Qtr Cr 143123
Operating Profit Qtr Cr 11972
Depreciation Qtr Cr 1313
Interest Qtr Cr 11
Tax Qtr Cr 2917
Net Profit Qtr Cr 8448
IndicatorMar 2023
Total Revenue Annual Cr 888
Operating Expenses Annual Cr 510
Operating Profit Annual in Cr 343
Depreciation Cr 54
Interest Annual Cr 5
Tax Annual Cr 82
Net Profit Annual Cr 238
IndicatorMar 2023
Cash from Operating Activity Annual Cr 246
Cash from Investing Activity Annual Cr -158
Cash from Financing Annual Activity Cr -85
Net Cash Flow Annual Cr 3
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 1,292
Fixed Assets Annual Cr 766
Total Non Current Assets Annual Cr 787
Total Current Assets Annual Cr 728
Total Assets Annual Cr 1,515
IndicatorMar 2023
Book Value Per Share Annual Rs 123
ROE Annual % 18
ROCE Annual % 25
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 44
IndicatorSep 2023Jun 2023
Oper Rev Qtr Cr 262195
Operating Expenses Qtr Cr 143123
Operating Profit Qtr Cr 11972
Depreciation Qtr Cr 1313
Interest Qtr Cr 11
Tax Qtr Cr 2917
Net Profit Qtr Cr 8154
IndicatorMar 2023
Total Revenue Annual Cr 888
Operating Expenses Annual Cr 510
Operating Profit Annual in Cr 343
Depreciation Cr 54
Interest Annual Cr 5
Tax Annual Cr 82
Net Profit Annual Cr 240
IndicatorMar 2023
Cash from Operating Activity Annual Cr 246
Cash from Investing Activity Annual Cr -158
Cash from Financing Annual Activity Cr -85
Net Cash Flow Annual Cr 3
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 1,290
Fixed Assets Annual Cr 766
Total Non Current Assets Annual Cr 786
Total Current Assets Annual Cr 728
Total Assets Annual Cr 1,514
IndicatorMar 2023
Book Value Per Share Annual Rs 123
ROE Annual % 19
ROCE Annual % 25
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 44

Concord Biotech Technicals

EMA & SMA

Current Price
₹1,321.75
-11.4 (-0.86%)
pointer
  • Bullish Moving Average
  • ___
  • 9
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹1,289.47
  • 50 Day
  • ₹1,205.64
  • 100 Day
  • 200 Day
  • 20 Day
  • ₹1,305.21
  • 50 Day
  • ₹1,206.90
  • 100 Day
  • 200 Day

Concord Biotech Resistance and Support

PIVOT
₹1,329.95
Resistance
First Resistance 1,344.85
Second Resistance 1,367.95
Third Resistance 1,382.85
RSI 56.71
MFI 62.97
MACD Single Line 36.63
MACD 35.73
Support
First Resistance 1,306.85
Second Resistance 1,291.95
Third Resistance 1,268.85

Concord Biotech Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 73,941 3,526,246 47.69
Week 133,650 5,984,829 44.78
1 Month 322,867 15,029,481 46.55
6 Month 408,323 17,990,696 44.06

Concord Biotech Result Highlights

Concord Biotech Synopsis

NSE-Medical-Biomed/Biotech

Concord Biotech Ltd. is involved in the business activities of Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs. 853.17 Cr. and Equity Capital is Rs. 10.46 Cr. for the Year ended 31/03/2023. Concord Biotech Ltd. is a Public Limited Listed company incorporated on 23/11/1984 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is U24230GJ1984PLC007440 and registration number is 007440.
Market Cap 13,862
Sales 1,310
Shares in Float 5.86
No of funds 60
Yield
Book Value 10.73
U/D Vol ratio 1.7
LTDebt / Equity 3
Alpha 0.41
Beta 0.86

Concord Biotech

Owner NameSep-23
Promoters 44.08%
Mutual Funds 5.58%
Insurance Companies 2.26%
Foreign Portfolio Investors 7.3%
Individual Investors 6.78%
Others 34%

Concord Biotech Management

Name Designation
Mr. Sudhir Vaid Chairman & Managing Director
Mr. Ankur Vaid Joint Managing Director & CEO
Mr. Ravi Kapoor Non Executive Director
Mr. Rajiv Ambrish Agarwal Non Exe. & Nominee Director
Mr. Utpal Sheth Non Exe. & Nominee Director
Mr. Amit Varma Non Exe. & Nominee Director
Ms. Bharti Khanna Independent Director
Mr. Anil Katyal Independent Director
Mr. Amitabh Thakore Independent Director
Mr. Arvind Agarwal Independent Director
Mr. Jayaram Easwaran Independent Director
Mr. Mandayam Chakravarthy Sriraman Independent Director

Concord Biotech Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Concord Biotech Corporate Action

Date Purpose Remarks
2023-11-08 Quarterly Results

Concord Biotech MF Shareholding

Name Amount(cr)
Nippon India Small Cap Fund - Growth 37,319
HSBC Small Cap Fund Fund Regular Growth 11,552
Franklin India Smaller Companies Fund Growth 9,684
Edelweiss Balanced Advantage Fund Regular Plan Growth 9,338
Nippon India Pharma Fund - Growth 5,539

Concord Biotech FAQs

What is Share Price of Concord Biotech ?

Concord Biotech share price is ₹1,321 As on 08 December, 2023 | 01:50

What is the Market Cap of Concord Biotech ?

The Market Cap of Concord Biotech is ₹13827.6 Cr As on 08 December, 2023 | 01:50

What is the P/E ratio of Concord Biotech ?

The P/E ratio of Concord Biotech is As on 08 December, 2023 | 01:50

What is the PB ratio of Concord Biotech ?

The PB ratio of Concord Biotech is 10.7 As on 08 December, 2023 | 01:50

Q2FY23