Medico Remedies Ltd

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MEDICO •
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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
58.99% Fall from 52W High
-21.2
TTM PE Ratio
Above industry Median
38.2
Price to Book Ratio
Below industry Median
6
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is much higher than 1
2.6
RSI
RSI is mid-range
42.1
MFI
MFI strongly Oversold
19.8

Medico Remedies Ltd shareholding Pattern

Promoter
73.3%
Foreign Institutions
0.2%
Domestic Institutions
1%
Public
25.5%
Promoter
73.3%
Foreign Institutions
0.3%
Domestic Institutions
0.7%
Public
25.6%
Promoter
73.3%
Foreign Institutions
1.3%
Public
25.4%
Promoter
73.3%
Foreign Institutions
1.1%
Public
25.6%
Promoter
73.3%
Foreign Institutions
1.2%
Public
25.5%
Promoter
73.3%
Foreign Institutions
0.5%
Public
26.2%

Medico Remedies Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
0
Bearish Moving Averages
16
5Day EMA
38.10
10Day EMA
38.60
12Day EMA
38.80
20Day EMA
39.20
26Day EMA
39.40
50Day EMA
41.60
100Day EMA
49.00
200Day EMA
57.70
5Day SMA
38.30
10Day SMA
38.80
20Day SMA
39.90
30Day SMA
39.80
50Day SMA
39.10
100Day SMA
50.10
150Day SMA
61.80
200Day SMA
65.30
Delivery & Volume
Resistance & Support
37.36
Pivot
Resistance
First Resistance
39.06
Second Resistance
40.27
Third Resistance
41.97
Support
First Support
36.15
Second support
34.45
Third Support
33.24
Relative Strength Index
42.11
Money Flow Index
19.81
MACD
-0.62
MACD Signal
-0.38
Average True Range
1.83
Average Directional Index
19.52
Rate of Change (21)
-3.94
Rate of Change (125)
-55.51
Peer comparison
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Market Cap
52W Low
52W High
Panchsheel Organics Ltd.
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SMS Lifesciences India Ltd.
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Rajnish Wellness Ltd.
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Par Drugs & Chemicals Ltd.
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Infinium Pharmachem Ltd.
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Medico Remedies Ltd Company background

Founded in: 1994
Managing director: Harshit Mehta
Medico Remedies Limited was incorporated as a Private Limited Company with the name Medico Remedies Private Limited on March 18, 1994. The status was changed to a Public Limited Company and the Company name 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 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 is ISO 9001:2015 certified for its management system for the manufacture and marketing of pharmaceutical products. It also obtained a WHOGMP accreditation for the manufacture of its products from the World Health Organisation and has also been certified by Government Recognised Star Exports, Pharmacy and Poison Board, NAFDAC and National Drug Authority, Uganda.The Company began its operations in 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 year 1999 2002, Company has a manufacturing facility for the manufacture of its products located in the State of Maharashtra at Palghar.. 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.In 201819, the Company purchased adjoining manufacturing unit with existing factory at Palghar. In January 2018, the Company came up with a Public Issue of 10,99,200 Equity Shares by raising equity capital amounting to Rs 10.99 Crores.
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Medico Remedies Ltd FAQs

Medico Remedies Ltd shares are currently priced at 38.12 on NSE and 37.7 on BSE as of 7/22/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Medico Remedies Ltd [MEDICO] share was -52.49. The Medico Remedies Ltd [MEDICO] share hit a 1-year low of Rs. 34.8 and a 1-year high of Rs. 92.95.

The market cap of Medico Remedies Ltd is Rs. 314.01 Cr. as of 7/22/2024 12:00:00 AM.

The PE ratios of Medico Remedies Ltd is 37.81 as of 7/22/2024 12:00:00 AM.

The PB ratios of Medico Remedies Ltd is 5.99 as of 7/22/2024 12:00:00 AM

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