Why investors are questioning logic behind Biocon Biologics deal value1 min read . Updated: 07 Jan 2020, 10:18 PM IST
- Shares of Biocon lost nearly 6% since it announced the stake sale
- Biocon Biologics has been valued at three times forward revenues, which some feel is below par
How much is Biocon Ltd’s fastest growing business segment worth? Based on a $75-million investment made by a domestic private equity fund, Biocon Biologics India Ltd is worth $3 billion.
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