Medinova Diagnostic Services Ltd

Medinova Diagnostic Services Ltd (526301)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-18.19 %
3 Month Return-31.65 %
1 Year Return-17.18 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 2
Rank 12
Rank 21
Dividend Yield
Rank 7
Rank 1
Price To Book Ratio
Rank 16
Debt To Asset
Rank 1

Company Information

Incorporated in Mar.93 Medinova Diagnostic Services commenced its business on 26 Mar.93. It is promoted by A Raghava Reddy the chairman of the company. It belongs to Standard Organics group.MDSL has acquired the business and undertaking of the diagnostic services division of Standard Medical Pharmaceuticals SMPL as a going concern together with assets and liabilities from 1 Apr.93. It has four main diagnostic centres in Hyderabad Bangalore Pune and Kolkata apart from mini/mediumsized franchise centres at Karimnagar Mancherial Vizag Nellore.MDSL came out with a public issue of 67.50 lac equity shares at par aggregating Rs 6.75 cr in Nov.93. The company has installed three magnetic resonance imaging units and other equipment with the latest technology in diagnostic centres in Hyderabad and Bangalore at a capital outlay of Rs 10 cr.MDSL has completed a consultancy assignment for an overseas project in Abuja Nigeria earning valuable foreign exchange. A new CT machine was installed in Hyderabad in Feb.95. In the year 199697 the company Medinova Hyderabad has achieved the ISO 9002 Certification. With this the Company was the first to obtain ISO 9002 certification in the field of medical diagnostics. The company has opened a medium sized Centre at Pimpri Pune as a part of its expansion plan.During 199899 The Company installed a Magnetic Resonance Imaging Unit MRI and the latest model of Auto Analyser Hitachi 902 at the Hyderabad Unit and a Color Doppler SONOS 2500 supplied by M/s Hewlett Packard has been installed at Kolkata Centre.A new CT scan machines was installed at Pune and Kolkata and a Cardiac equipment at Bangalore was also installed. A new and innonvative health schemes has to be flagged off to increase the revenues for the company.
OrganisationMedinova Diagnostic Services Ltd