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Medico Remedies Limited
Share Price Target & Analysis

NSE:MEDICO

39.35

VWAP

39.35

Open

40.45

Close

39.80

High

39.30

Low

100.70

52 Week High

39.80 ⇧
0.50 (1.27%)

MEDICO

(DIVERSIFIED)
4.8% Momentum

Watch Carefully

36.70

52 Week Low

1.0

EPS

49.79

PE

8.84

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: MEDICO Share Price Financial Analysis & Valuation

Medico Remedies Limited (MEDICO) is broadly categorized in DIVERSIFIED segment industry which deals in Diversified vertical. It is one of Micro Cap company with Market Capitalization of Rs 154.35 (in Cr). Total number of free float shares are 0 (in Lacs). Medico Remedies Limited is listed on NSE with Exchange ID - INE630Y01024 and trading code is NSE:MEDICO with short name Medico Remedies.

In the past 1 year, Medico Remedies Limited has declared an equity dividend of Rs 0 per share. At the current share price of MEDICO at Rs 39.80, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:MEDICO, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MEDICO underlying value and future prospects. All of this data is available in MEDICO financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:MEDICO, it is clearly understood that MEDICO is Economical performer in terms of earnings and profit margins with an EPS of 1.0. NSE:MEDICO book value per share as of today is 4.50. The current price to book ratio for MEDICO as of May 18, 2024 is 8.84.

Valuation of the Stock: The current valuation of MEDICO stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MEDICO whether to BUY this stock at current valuation. The delivery percentage of MEDICO is 22.89% is very crucial parameter which shows that 22.89% investors are anticipating that the price of MEDICO share should go up with VWAP at 39.35.

Now, the main question is whether to BUY or SELL, NSE:MEDICO at current valuation.
As per latest Analysis No. #800:-

⇑ STRONG BUY MEDICO if All Greens

⇗ BUY MEDICO (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD MEDICO (With Stop Loss) if only 1 Green

⇘ SELL MEDICO if NO Green Indicator

NSE: MEDICO Share Price Today (May 18, 2024)

(Medico Remedies Limited Daily Analysis on the basis of MEDICO Intraday Graph & Trend)

Medico Remedies Limited share price moved Up by 1.27% from its previous close of Rs 40.45. MEDICO stock last traded price is 39.80. MEDICO share price trend is Up with a total of 2231 stocks traded till now. It has touched an intraday high of Rs 39.80 and an intraday low of Rs 39.30. The MEDICO trading at 39.80, Up by Rs. 0.50, or 1.27 percent which suggests that most of the Traders are anticipating that the price of MEDICO share should go Up.

NSE: MEDICO Share Price Tomorrow Prediction

(Medico Remedies Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MEDICO)

Medico Remedies Limited share price moved Up by 1.27%. MEDICO share price short term trend is Up. It suggests that MEDICO Share Price for Tomorrow remains the same with VWAP at 39.35 will be treated as stop loss for intraday traders. Medico Remedies Limited Long term investors can follow the MEDICO long term trend as mentiond in future forecast table.

NSE Code

NSE: MEDICO

MEDICO Share Price Today

 39.80

MEDICO Share Price Target Prediction for 2024 ^

 38.5 - 73.1

MEDICO Share Price Target Prediction for 2025*^

 73.1 - 76

MEDICO Share Price Target Prediction for 2026*^

 76 - 79.8

MEDICO Share Price Target Prediction for 2027*^

 84

MEDICO Share Price Target Prediction for 2028*^

 85

MEDICO Share Price Target Prediction for 2030*^

 91
MEDICO Current Book Value 2023
4.5

*Medico Remedies Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^MEDICO share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MEDICO Technical Analysis

Candlestick Pattern: @40.25

MEDICO Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 40.74 SELL 40.81 SELL
MA_12 43.45 SELL 43.05 SELL
MA_20 44.96 SELL 45.02 SELL
MA_32 46.18 SELL 49.72 SELL
MA_50 57.25 SELL 54.7 SELL
MA_100 69.59 SELL 62.59 SELL
MA_200 74.02 SELL 68.64 SELL

MEDICO Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 44.96 Downtrend
MACD 0.25 BUY
ADX 69.35 Very Strong Trend
DMI (+/-) 3.53 / 33.78 Downtrend

MEDICO Momentum Oscillators

BUY (1) NEUTRAL (6) SELL (5)
Momentum Oscillators Value Action
RSI 29.28 Oversold
STOCHASTIC_K (Fast) 37.18 Neutral
STOCHASTIC_D (Slow) 15.27 Oversold
CCI -138.52 SELL
PSAR 44 SELL
TRUE RANGE 3.8 Neutral
ATR 2.7 Neutral
WILLIAMS R -68.02 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 45.26 Neutral
MOMENTUM -6.55 SELL

MEDICO Last 1 Year Trend

Duration Value
1 Year -51.24%
3 Months -51.91%
1 Month -14%
1 Week -7.47%

MEDICO Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 10%
NEUTRAL / HOLD 20%
SELL 70%

Most popular Questions & Answers about MEDICO


Medico Remedies Limited stock last traded price is 39.80. MEDICO share price moved Up by 1.27% from its previous close of Rs 40.45.

Medico Remedies Limited share price trend is Up with a total of 2231 stocks traded till now. It has touched an intraday high of Rs 101.707 and an intraday low of Rs 39.30. The MEDICO trading at 39.80, Up by Rs. 0.50, or 1.27 percent which suggests that most of the Traders are anticipating that the price of MEDICO share should go Up and the Stop Loss will be around 39.35.

The market cap of Medico Remedies Limited is ₹154.35 (in Cr) as of May 17, 2024.

The current price to earning ratio for Medico Remedies Limited as of May 17, 2024 is 49.79.

The current price to book ratio for Medico Remedies Limited as of May 17, 2024 is 8.84.

The highest price of Medico Remedies Limited stock is ₹100.70 in the last 52-week.

The lowest price of Medico Remedies Limited stock is ₹36.70 in the last 52-week.

Medico Remedies Limited share trading at ₹39.80, Up by Rs. 0.50, or 1.27 percent which suggests that most of the traders are anticipating that the price of MEDICO share should go Up.

In 2023, Stock price target for Medico Remedies Limited (MEDICO) are ₹38.5 on downside and ₹73.1 on upside. Medico Remedies Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Medico Remedies Limited (MEDICO) are ₹73.1 on downside and ₹76 on upside. Medico Remedies Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Medico Remedies Limited (MEDICO) are ₹76 on downside and ₹79.8 on upside. Medico Remedies Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Medico Remedies Limited (MEDICO) will be around ₹85 Medico Remedies Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MEDICO.

As per the fundamental analysis of Medico Remedies Limited (MEDICO), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.0. Medico Remedies Limited book value per share as of today is 4.50. The current price to book ratio for MEDICO as of May 18, 2024 is 8.84.


NSE:MEDICO News & Other Useful Information about MEDICO Share Price


Peer Comparison of NSE: MEDICO

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Diversified

Company Price EPS BV
ITC 436.30 16.41 54.15
GRASIM 2423.65 22.29 765.03
DCMSRIND 997.35 27.33 421.72
SRF 2280.35 46.35 354.65
VOLTAS 1297.00 18.26 226.62
STARHEALTH 554.40 14.44 107.5
DIL 8.00 0 11.38
3MINDIA 30312.85 442.34 1729.1
GICRE 344.55 36.59 239.27
IEX 151.40 3.83 10.63
Updated at: 17 May 2024 15:54

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