India, Sept. 9 -- Large block transactions often bring a stock into focus as investors assess both the size of the stake being sold and the potential institutional demand for the shares. For Biocon, the proposed transaction comes at a time when the company is also attracting attention for developments in its biosimilars and international business.

The share price of Biocon Limited has risen by 1.66% to Rs.398.65, compared to the previous closing price of Rs.392.30. The stock opened at Rs.394.00 and traded between Rs.403.95 and Rs.393.00 today. The company has a market capitalization of Rs.64,975.91 crore.

Active Pine Plans Stake Sale Active Pine LLP, an investment vehicle backed by private equity firm True North, is likely to offload u...