Biocon share price jumps over 4% to hit 52-week high on reports of restructuring; Biologics IPO, merger under review

Biocon share price has rallied over 20% in one month and has gained 17% in three months. The stock has surged 28% in six months, and has risen 14% on a year-to-date (YTD) basis. Biocon shares have jumped 85% in the past two years and have delivered 50% returns in three years.