Medico Remedies Ltd share price logo

Medico Remedies Ltd (MEDICO)

₹39.614.43%

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹37
    ₹39.8
  • 52 Week's Low

    52 Week's High

    ₹34.8
    ₹92.95
1 Month Return-7.17 %
3 Month Return-20.73 %
1 Year Return-52.82 %
Previous Close₹37.93
Open₹38.60
Volume1.25L
Upper Circuit-
Lower Circuit-
Market Cap₹314.76Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹314.76 Cr
P/B Ratio14.15
EPS0

Company Information

Medico Remedies Limited is a pharmaceutical formulation manufacturing company that specializes in antiinfective Beta-lactams cephalosporins, antimalarial, antiretroviral and antiulcer drugs. Founded in 1994, the company has grown significantly since then and now has two manufacturing units in Palghar Maharashtra- a general formulations unit and a beta-lactam unit which is divided into two segments penicillin and cephalosporins. Medico Remedies is known for their strong client relationships as it works with Indian and foreign pharmaceutical companies as well as providing licenses such as FMS, FPS and MESI licenses.

Share Price: ₹39.61 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹314.76Cr as of today
Listing date: 26 May, 2022
Chairperson Name: Haresh Mehta
OrganisationMedico Remedies Ltd
Headquarters
IndustryPharmaceuticals
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Key events for Medico Remedies Ltd

  • Medico Remedies Reports Increase in Revenue and Net Income - 12 May, 2024

    Medico Remedies reported an EPS of ₹1.00 for FY 2024, up from ₹0.87 in FY 2023. The company's revenue increased by 4.7%, and net income increased by 14% YoY. Profit margin also improved to 5.6%. However, the stock is down 6.3% from a week ago.

Insights on Medico Remedies Ltd

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.34% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, MEDICO stock has moved down by -20.7%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 25.63% to 25.47% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.29% to 0.23% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹87.46Cr
↑12.90%
Total Liabilities
₹43.61Cr
↑6.65%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹8.17Cr
↑39.42%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.34%
0.00
Foreign Institutions
0.23%
-23.17
Mutual Funds
0%
0.00
Retail Investors
25.47%
-0.63
Others
0.97%
30.93

Key Indicators

Earnings and Dividends

  • Medico Remedies Ltd Earnings Results

    Medico Remedies Ltd’s net profit jumped 75.14% since last year same period to ₹3.10Cr in the Q4 2023-2024. On a quarterly growth basis, Medico Remedies Ltd has generated 113.79% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Medico Remedies Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Medico Remedies Ltd (MEDICO) share price today is ₹39.61

Medico Remedies Ltd is listed on NSE

Medico Remedies Ltd is listed on BSE

  • Today’s highest price of Medico Remedies Ltd is ₹39.8.
  • Today’s lowest price of Medico Remedies Ltd is ₹37.

Today’s traded volume of Medico Remedies Ltd(MEDICO) is 1.25L.

Today’s market capitalisation of Medico Remedies Ltd(MEDICO) is ₹314.76Cr.

Medico Remedies Ltd(MEDICOPrice
52 Week High
₹92.95
52 Week Low
₹34.8

Medico Remedies Ltd(MEDICO) share price is ₹39.61. It is down -57.39% from its 52 Week High price of ₹92.95

Medico Remedies Ltd(MEDICO) share price is ₹39.61. It is up 13.82% from its 52 Week Low price of ₹34.8

Medico Remedies Ltd(MEDICOReturns
1 Day Returns
1.68%
1 Month Returns
-7.17%
3 Month Returns
-20.73%
1 Year Returns
-52.82%