Medico Remedies Ltd

Medico Remedies Ltd Performance

₹73.75
Day's Price Range
₹81.45
₹16.52
52-Week Price Range
₹87.75
1 Month Return18.31 %
3 Month Return26.53 %
1 Year Return220.66 %

Medico Remedies Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
73.34%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
26.66%
0.00
Others
0%
0.00

Medico Remedies Ltd Company Financials

  • Annual
Total Assets
Total Liabilities
Value in ₹ crore

Medico Remedies Ltd Company Information

Medico Remedies Limited was incorporated as a private limited company with the name Medico Remedies Private Limited on March 18 1994. The status of the Company was changed to a public limited company and the name of the Company was changed to Medico Remedies Limited on March 6 2017. Medico Remedies is a pharmaceutical formulation manufacturing company with manufacturing and marketing capabilities in formulation with focus on antiinfective BetaLactums cephalosporins antimalarial antiretroviral antiulcer drugs and antacids vitamins haematinics and other supplements. Further in addition to the above the Company also has manufacturing and marketing capabilities in other drugs such as NSAIDS antihistaminic antidiabetics cardio vascular drugs diuretics antiepileptics combination drug kits syrups and cream gel for various therapeutic segments.The Company began its operations in the year 1994 with manufacturing and servicing of diuretics antimalarials NSAIDS tablets antireterovirals antiulcer drugs and antiacids tablets. Over the years the company has expanded its scale and scope of operations and currently the Company is engaged in manufacture of formulations for various medicines. As part of this expansion in the year 1999 2002 the company has acquired two adjacent plots of 1023.50 sq. metres each respectively for setting up the plant at Palghar Maharashtra. The plant is divided into two units i.e. general formulations unit and betalactam unit the beta lactam unit is further divided into two segments penicillin and cephalosporins.The Company has built a strong relationship with its customers for drug formulations. The clients include Indian as well as foreign pharmaceutical companies like Anphar Limited Saad Medical Manfes Pharmaceuticals Chemical Industries Award Global Company Limited Directorate of Health Services DHS Maharashtra to name a few. The Company also earns revenue from the sale of licenses such as FMS license FPS license and MESI license.

Medico Remedies Ltd Share Price: ₹79.85 per share as on 23 Mar, 2023 04:01 PM
Medico Remedies Ltd Market Capitalisation: ₹515.58Cr as of today
Medico Remedies Ltd Listing date: 02 Aug, 2018
Medico Remedies Ltd Chairperson Name: Haresh Mehta
OrganisationMedico Remedies Ltd
HeadquartersMumbai
IndustryPharmaceuticals
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Frequently Asked Questions

Medico Remedies Ltd(MEDICO) share price today is ₹79.85 (last updated 23 Mar, 2023 at 04:01 PM)

  • Today’s highest price of Medico Remedies Ltd(MEDICO) is ₹81.45.
  • Today’s lowest price of Medico Remedies Ltd(MEDICO) is ₹73.75.
  • (last updated 23 Mar, 2023 at 04:01 PM)
Today’s traded volume of Medico Remedies Ltd(MEDICO) is 1070229.
Today’s market capitalisation of Medico Remedies Ltd(MEDICO) is ₹515.58Cr.
Medico Remedies Ltd(MEDICO)Price
52 Week High₹87.75
52 Week Low₹16.52
  • (last updated 23 Mar, 2023 at 04:01 PM)
  • Medico Remedies Ltd(MEDICO) share price is ₹79.85 (last updated 23 Mar, 2023 at 04:01 PM). It is down -9.00% from its 52 Week High price of ₹87.75
    Medico Remedies Ltd(MEDICO) share price is ₹79.85 (last updated 23 Mar, 2023 at 04:01 PM). It is up 383.35% from its 52 Week Low price of ₹16.52
    Medico Remedies Ltd(MEDICO)Returns (%)
    1 Day Returns2.90%
    1 Month Returns18.31%
    1 Year Returns220.66%
    3 Year Returns220.66%
    5 Year Returns220.66%
    Medico Remedies Ltd(MEDICO) share price is ₹79.85 and its price to earning (PE) is 0.00. A high PE ratio indicates that a share price is overvalued, or investors are expecting a high growth rate in the future.

    Indian stocks brokerage services are provided by INDmoney Private Limited. INDmoney Private Limited is carrying out the business of in respect to stock broking activities and also carries out the activities of depository participant. SEBI Registration No. INZ000305337 | SEBI Depository Participant Registration No. IN-DP-690-2022 Depository Participant ID: CDSL 12095500 | Trading and Clearing Member of NSE (90267, M70042) and BSE (6779)

    Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and not recommendatory. Past performance is not indicative of future returns.