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Company details

119.45
125.80
67.46
149.35
6M Return 49.58%
1Y Return 86.48%
Mkt Cap.(Cr) 208.79
Volume 13,185
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 13,185

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Financials

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Operating Profit(Cr.)

Profit after Tax(Cr.)

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Debt

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Profit after tax

PE

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P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 37.32 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 7,209.51 3,450.07
LAST 3M 8,638.44 51,120.10
LAST 6M 84,196.20 -58,438.16
LAST 12M 204,915.33 -198,833.91

Information

  • About Company
  • Company Info
  • Listing Info
38.91
73.34%
22.4843
14.98%
14.02%
Description
  • 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 anti-infective, Beta-Lactums, cephalosporins, antimalarial, antiretroviral, anti-ulcer 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, anti-epileptics, 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, anti-malarials, NSAIDS tablets, anti-reterovirals, anti-ulcer drugs and anti-acids 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 1,023.50 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.

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Registered Address

1105/1106 11-Flr Hubtown Solar, N S Phadke Marg Andheri East, Mumbai, Maharashtra, 400069

Tel : 91-22-2670 1055/66
Email : info:medicoremedies.com
Website : http://www.medicoremedies.com

Registrar

Cameo Corporate Services Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540937
NSE Code : MEDICO
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE630Y01016

ICICIdirect Medico Remedies Ltd FAQ

You can buy Medico Remedies Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Medico Remedies Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 28, 2022 04:01 PM the closing price of Medico Remedies Ltd was ₹ 125.80.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 28, 2022 04:01 PM, the market cap of Medico Remedies Ltd stood at ₹ 208.79.
The latest PE ratio of Medico Remedies Ltd as of Sep 28, 2022 04:01 PM is 38.91
The latest PB ratio of Medico Remedies Ltd as of Sep 28, 2022 04:01 PM is 0.19
The 52-week high of Medico Remedies Ltd is ₹ 149.35 while the 52-week low is ₹ 67.46 .

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