Pending — not yet graded
“Nischal Maheshwari remains positive on Biocon, believing the proposed QIP will ease balance sheet pressure by funding the BBL stake payment. He expects the company's ₹5,000 crore debt to be manageable over the next 2-3 years due to strong cash flows, with earlier investments and upcoming launches in the next 1-2 years set to fructify, placing Biocon in a "sweet spot."”
Nischal Maheshwari’s track record: 8 graded calls · 95% CI 14–69%
Nifty PSU BankBullishCalled 13 Jan 2026
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