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Biocon announced a decline in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company declined 0.10% to Rs 1,021.00 million from Rs 1,022.00 million in the same quarter previous year.
Foreign institutional investors (FIIs) have reduced shareholding in Biocon over the last three months. FIIs' shareholding decreased by 98 basis points to 13.05 percent at the end of September... More..