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BIOCON.NS vs. SBIN.NS
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

BIOCON.NS vs. SBIN.NS

Last updated Jul 21, 2026
Documentation

BIOCON.NS (Biocon Limited) and SBIN.NS (State Bank of India) are both stocks. BIOCON.NS operates in Biotechnology (Healthcare), while SBIN.NS operates in Banks - Regional (Financial Services). Over the past 10 years, BIOCON.NS returned 20.86%/yr vs 18.10%/yr for SBIN.NS. At a 0.28 correlation, their price movements are largely independent.

Performance

BIOCON.NS vs. SBIN.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Biocon Limited (BIOCON.NS) and State Bank of India (SBIN.NS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BIOCON.NS achieves a 10.95% return, which is significantly higher than SBIN.NS's 9.87% return. Over the past 10 years, BIOCON.NS has outperformed SBIN.NS with an annualized return of 20.86%, while SBIN.NS has yielded a comparatively lower 18.10% annualized return.

BIOCON.NS

1D
-0.16%
1M
5.18%
6M
16.21%
YTD
10.95%
1Y
9.60%
3Y*
18.41%
5Y*
1.90%
10Y*
20.86%
ALL TIME*
22.60%

SBIN.NS

1D
1.50%
1M
2.41%
6M
3.92%
YTD
9.87%
1Y
31.06%
3Y*
22.08%
5Y*
22.45%
10Y*
18.10%
ALL TIME*
22.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BIOCON.NS vs. SBIN.NS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
BIOCON.NS
Biocon Limited		10.95%7.96%46.55%-3.54%-28.08%-21.65%58.46%87.12%17.48%70.52%
SBIN.NS
State Bank of India		9.87%26.04%25.89%6.65%35.36%69.01%-17.62%12.79%-4.52%24.98%

Correlation

The correlation between BIOCON.NS and SBIN.NS is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.28

Correlation (5Y)
Calculated over the trailing 5-year period

0.26

Correlation (10Y)
Calculated over the trailing 10-year period

0.23

Correlation (All Time)
Calculated using the full available price history since Apr 13, 2006

0.28

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Biocon Limited

State Bank of India

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Often compared with SBIN.NS:
SBIN.NS vs. HDFCBANK.NSSBIN.NS vs. CANBK.NSSBIN.NS vs. NHPC.NSSBIN.NS vs. SUZLON.NSSBIN.NS vs. SJVN.NSSBIN.NS vs. NVDASBIN.NS vs. ITC.NS

Return for Risk

BIOCON.NS vs. SBIN.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BIOCON.NS
BIOCON.NS Risk / Return Rank: 5656
Overall Rank
BIOCON.NS Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
BIOCON.NS Sortino Ratio Rank: 5252
Sortino Ratio Rank
BIOCON.NS Omega Ratio Rank: 5151
Omega Ratio Rank
BIOCON.NS Calmar Ratio Rank: 5858
Calmar Ratio Rank
BIOCON.NS Martin Ratio Rank: 5858
Martin Ratio Rank
SBIN.NS
SBIN.NS Risk / Return Rank: 7878
Overall Rank
SBIN.NS Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
SBIN.NS Sortino Ratio Rank: 7979
Sortino Ratio Rank
SBIN.NS Omega Ratio Rank: 8282
Omega Ratio Rank
SBIN.NS Calmar Ratio Rank: 7373
Calmar Ratio Rank
SBIN.NS Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BIOCON.NS vs. SBIN.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Biocon Limited (BIOCON.NS) and State Bank of India (SBIN.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

BIOCON.NSSBIN.NSDifference
Sharpe ratioReturn per unit of total volatility
0.37
1.39

-1.03

Sortino ratioReturn per unit of downside risk
0.70
1.92

-1.22

Omega ratioGain probability vs. loss probability

1.09

1.28

-0.19

Calmar ratioReturn relative to maximum drawdown

0.51

1.45

-0.94

Martin ratioReturn relative to average drawdown

1.07

3.37

-2.30

BIOCON.NS vs. SBIN.NS - Sharpe Ratio Comparison

The current BIOCON.NS Sharpe Ratio is 0.37, which is lower than the SBIN.NS Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of BIOCON.NS and SBIN.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

BIOCON.NS vs. SBIN.NS - Drawdown Comparison

The maximum BIOCON.NS drawdown since its inception was -67.45%, which is greater than SBIN.NS's maximum drawdown of -59.49%. Use the drawdown chart below to compare losses from any high point for BIOCON.NS and SBIN.NS.

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Drawdown Indicators

BIOCON.NSSBIN.NSDifference

Max Drawdown

Largest peak-to-trough decline

-67.45%

-59.49%

-7.96%

Max Drawdown (1Y)

Largest decline over 1 year

-19.34%

-22.11%

+2.77%

Max Drawdown (3Y)

Largest decline over 3 years

-24.68%

-23.94%

-0.74%

Max Drawdown (5Y)

Largest decline over 5 years

-51.13%

-23.94%

-27.19%

Max Drawdown (10Y)

Largest decline over 10 years

-58.85%

-59.49%

+0.64%

Current Drawdown

Current decline from peak

-8.18%

-12.11%

+3.93%

Average Drawdown

Average peak-to-trough decline

-18.92%

-15.78%

-3.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.16%

9.40%

-0.24%

Volatility

BIOCON.NS vs. SBIN.NS - Volatility Comparison

Biocon Limited (BIOCON.NS) has a higher volatility of 9.82% compared to State Bank of India (SBIN.NS) at 5.52%. This indicates that BIOCON.NS's price experiences larger fluctuations and is considered to be riskier than SBIN.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BIOCON.NSSBIN.NSDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.82%

5.52%

+4.30%

Volatility (6M)

Calculated over the trailing 6-month period

18.95%

20.68%

-1.73%

Volatility (1Y)

Calculated over the trailing 1-year period

26.92%

23.07%

+3.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.76%

24.92%

+6.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

44.72%

31.96%

+12.76%

Dividends

BIOCON.NS vs. SBIN.NS - Dividend Comparison

BIOCON.NS's dividend yield for the trailing twelve months is around 0.11%, less than SBIN.NS's 1.64% yield.

PositionTTM20252024202320222021202020192018201720162015
BIOCON.NS
Biocon Limited		0.11%0.13%0.14%1.20%0.19%0.00%0.00%0.17%0.32%0.37%3.16%5.79%
SBIN.NS
State Bank of India		1.64%1.62%1.72%1.76%1.16%0.87%0.00%0.00%0.00%0.84%1.04%1.56%

Financials

BIOCON.NS vs. SBIN.NS - Financials Comparison

This section allows you to compare key financial metrics between Biocon Limited and State Bank of India. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Values in INR except per share items

Frequently Asked Questions

BIOCON.NS and SBIN.NS have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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