SBI Mutual Fund raises stake in Biocon to over 5%; shares surge 3%

SBI Mutual Fund has purchased 3,70,150 shares of Biocon.

Updated: November 13, 2025 11:45 IST

SBI Mutual Fund purchased 3.7 lakh shares of Biocon

SBI Mutual Fund has raised its stake in Biocon to over 5% after purchasing 3,70,150 shares.

“SBI Mutual Fund under its various schemes has acquired 3,70,150 shares of Biocon on November 11, 2025, resulting to acquisition of above 5% of the paid up share capital of Biocon,” said a regulatory filling released by Biocon.

Following this transaction, SBI Mutual Fund’s total holding in Biocon stands at 6,68,65,887 shares, representing 5.0013% of the company’s paid-up share capital as of the close of business on November 11, 2025.

Share price of Biocon

The share price of Biocon surges over 3% in Thursday’s trade following the news. The stock has gained nearly 27.86% in past six months.

Biocon Q2FY26

Biotechnology firm Biocon reported its Q2FY26 results on Tuesday, November 11. The company posted a consolidated net profit of Rs 85 crore from a net loss of Rs 16 crore in Q2FY25. Revenue from operations rose to Rs 4,296 crore.

This article was first uploaded on November thirteen, twenty twenty-five, at forty minutes past eleven in the morning.