NIFTY 23907.25 BANK 51135.40

Medico Remedies Limited
Share Price Target & Analysis

NSE:MEDICO

46.28

VWAP

44.94

Open

44.64

Close

46.87

High

44.5

Low

92.95

52 Week High

46.62 ⇧
1.98 (4.44%)

MEDICO

(DIVERSIFIED)
20.3% Momentum

Turnaround Potential

34.8

52 Week Low

0.93

EPS

47.38

PE

7.39

PB

Economical
Quality

Diamond
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 46.62, 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 0.93. NSE:MEDICO book value per share as of today is 6.31. The current price to book ratio for MEDICO as of Nov 23, 2024 is 7.39.

Valuation of the Stock: The current valuation of MEDICO stock is like Diamond which means currently the stock is Very Expensive. 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 53.54% is very crucial parameter which shows that 53.54% investors are anticipating that the price of MEDICO share should go up with VWAP at 46.28.

Now, the main question is whether to BUY or SELL, NSE:MEDICO at current valuation.
As per latest Analysis No. #967:-

⇑ 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 (Nov 23, 2024)

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

Medico Remedies Limited share price moved Up by 4.44% from its previous close of Rs 44.64. MEDICO stock last traded price is 46.62. MEDICO share price trend is Up with a total of 291473 stocks traded till now. It has touched an intraday high of Rs 46.87 and an intraday low of Rs 44.5. The MEDICO trading at 46.62, Up by Rs. 1.98, or 4.44 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 4.44%. MEDICO share price short term trend is Up. It suggests that MEDICO Share Price for Tomorrow remains the same with VWAP at 46.28 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

 46.62

MEDICO Share Price Target Prediction for 2024 ^

 36.5 - 68

MEDICO Share Price Target Prediction for 2025*^

 68 - 70.7

MEDICO Share Price Target Prediction for 2026*^

 70.7 - 74.2

MEDICO Share Price Target Prediction for 2027*^

 78

MEDICO Share Price Target Prediction for 2028*^

 79

MEDICO Share Price Target Prediction for 2030*^

 85
MEDICO Current Book Value 2023
6.3

*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: @56.33

MEDICO Moving Averages

BUY (10) NEUTRAL (0) SELL (4)
MA Simple Action S1 Expo Action E2
MA_5 57.53 SELL 57.07 SELL
MA_12 57.91 SELL 56.62 SELL
MA_20 55.29 BUY 55.5 BUY
MA_32 52.86 BUY 53.39 BUY
MA_50 50.85 BUY 51.5 BUY
MA_100 45.89 BUY 49.46 BUY
MA_200 51.87 BUY 52.67 BUY

MEDICO Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 55.29 Uptrend
MACD -0.29 SELL
ADX 24.1 NO or Weak Trend
DMI (+/-) 21.55 / 16.86 Uptrend

MEDICO Momentum Oscillators

BUY (3) NEUTRAL (6) SELL (3)
Momentum Oscillators Value Action
RSI 55.69 Neutral
STOCHASTIC_K (Fast) 26.48 Neutral
STOCHASTIC_D (Slow) 27.49 Neutral
CCI -57.02 Neutral
PSAR 62.81 SELL
TRUE RANGE 3.61 BUY
ATR 3.64 BUY
WILLIAMS R -39.47 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 1.98 Oversold
STOCHASTIC RSI D 0.66 Oversold
MOMENTUM 8.51 BUY

MEDICO Last 1 Year Trend

Duration Value
1 Year -29.59%
3 Months 51.59%
1 Month 17.8%
1 Week -2.71%

MEDICO Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 50%
NEUTRAL / HOLD 23%
SELL 27%

Most popular Questions & Answers about MEDICO


Medico Remedies Limited stock last traded price is 46.62. MEDICO share price moved Up by 4.44% from its previous close of Rs 44.64.

Medico Remedies Limited share price trend is Up with a total of 291473 stocks traded till now. It has touched an intraday high of Rs 93.8795 and an intraday low of Rs 44.5. The MEDICO trading at 46.62, Up by Rs. 1.98, or 4.44 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 46.28.

The market cap of Medico Remedies Limited is ₹154.35 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Medico Remedies Limited as of Nov 22, 2024 is 47.38.

The current price to book ratio for Medico Remedies Limited as of Nov 22, 2024 is 7.39.

The highest price of Medico Remedies Limited stock is ₹92.95 in the last 52-week.

The lowest price of Medico Remedies Limited stock is ₹34.8 in the last 52-week.

Medico Remedies Limited share trading at ₹46.62, Up by Rs. 1.98, or 4.44 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 ₹36.5 on downside and ₹68 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 ₹68 on downside and ₹70.7 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 ₹70.7 on downside and ₹74.2 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 ₹79 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.

The price of Medico Remedies Limited (MEDICO) shares moved by 4.44%. The short-term trend for MEDICO share price is Up. It implies that the share price of MEDICO will stay the same tomorrow and that intraday traders should treat VWAP at 46.28 as a stop loss. Investors with a long-term outlook can track MEDICO long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MEDICO stock is 11.2. Compared to the current market price of 46.62 INR, the MEDICO stock is Overvalued by 76%.

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 0.93. Medico Remedies Limited book value per share as of today is 6.31. The current price to book ratio for MEDICO as of Nov 23, 2024 is 7.39.


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 474.00 16.46 57.74
GRASIM 2591.00 6.93 778.43
DCMSRIND 1250.55 31.6 421.72
SRF 2163.25 39.64 354.65
VOLTAS 1653.40 22.23 226.62
STARHEALTH 459.70 14.67 108.69
DIL 6.00 0.24 13.2
3MINDIA 30685.50 502.5 2104.02
GICRE 378.85 40.23 296.37
IEX 163.11 4.31 10.63
Updated at: 22 Nov 2024 15:59

Feel free to contact us, in case of any queries.

SITEMAP 2499
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 2229.90 46.25 (2.12%) | ADANIGREEN 1054.50 -91.20 (-7.96%) | ADANIPORTS 1138.00 23.35 (2.09%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 502.60 18.45 (3.81%) | APOLLOHOSP 6902.00 159.50 (2.37%) | ASIANPAINT 2469.75 41.60 (1.71%) | ATGL 611.00 9.10 (1.51%) | AUROPHARMA 1223.00 3.00 (0.25%) | AXISBANK 1141.80 2.65 (0.23%) | BAJAJ-AUTO 9468.00 -37.00 (-0.39%) | BAJAJFINSV 1601.00 31.75 (2.02%) | BAJFINANCE 6720.00 254.35 (3.93%) | BALKRISIND 2763.60 41.65 (1.53%) | BANDHANBNK 170.14 4.28 (2.58%) | BANKBARODA 235.90 7.40 (3.24%) | BEL 280.85 5.40 (1.96%) | BERGEPAINT 477.60 12.10 (2.6%) | BHARTIARTL 1568.40 43.25 (2.84%) | BIOCON 331.60 8.50 (2.63%) | BOSCHLTD 34350.00 241.30 (0.71%) | BPCL 286.00 3.60 (1.27%) | BRITANNIA 4849.95 46.60 (0.97%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1485.25 19.75 (1.35%) | COALINDIA 414.10 8.10 (2%) | COLPAL 2718.00 27.70 (1.03%) | DABUR 513.25 7.50 (1.48%) | DIVISLAB 6000.00 22.90 (0.38%) | DLF 803.50 29.55 (3.82%) | DMART 3610.00 -12.90 (-0.36%) | DRREDDY 1214.00 18.65 (1.56%) | EICHERMOT 4980.50 98.40 (2.02%) | GAIL 192.80 4.50 (2.39%) | GLAND 1755.00 -32.00 (-1.79%) | GODREJCP 1190.00 11.30 (0.96%) | GRASIM 2591.00 56.15 (2.22%) | GUJGASLTD 461.65 8.05 (1.77%) | HAVELLS 1669.95 33.85 (2.07%) | HCLTECH 1897.10 60.75 (3.31%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4220.00 5.90 (0.14%) | HDFCBANK 1742.10 0.90 (0.05%) | HDFCLIFE 685.35 10.95 (1.62%) | HEROMOTOCO 4788.00 20.15 (0.42%) | HINDALCO 652.00 3.95 (0.61%) | HINDUNILVR 2440.00 57.20 (2.4%) | HINDZINC 490.30 3.25 (0.67%) | ICICIBANK 1278.00 27.45 (2.2%) | ICICIGI 1835.10 30.40 (1.68%) | ICICIPRULI 689.35 10.80 (1.59%) | INDIGO 4145.00 75.20 (1.85%) | INDUSINDBK 998.65 17.20 (1.75%) | INDUSTOWER 330.20 1.10 (0.33%) | INFY 1889.20 55.15 (3.01%) | IOB 50.25 0.44 (0.88%) | IOC 132.90 2.19 (1.68%) | ITC 474.00 16.85 (3.69%) | JSWSTEEL 975.00 30.85 (3.27%) | KOTAKBANK 1761.80 24.70 (1.42%) | LT 3605.00 121.50 (3.49%) | LTI 6149.30 78.10 (1.29%) | LUPIN 2064.55 21.55 (1.05%) | M&M 3005.50 69.25 (2.36%) | MARICO 598.00 6.95 (1.18%) | MARUTI 11070.05 208.60 (1.92%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 1926.40 26.85 (1.41%) | NAUKRI 7990.00 474.65 (6.32%) | NESTLEIND 2242.50 31.30 (1.42%) | NMDC 220.80 3.17 (1.46%) | NTPC 364.70 8.55 (2.4%) | ONGC 245.45 3.30 (1.36%) | PEL 1082.75 27.80 (2.64%) | PIDILITIND 2967.45 29.40 (1%) | PIIND 4124.70 -14.00 (-0.34%) | PNB 99.99 3.62 (3.76%) | POWERGRID 336.00 10.10 (3.1%) | RELIANCE 1264.00 41.00 (3.35%) | SAIL 112.75 2.16 (1.95%) | SBICARD 680.65 5.60 (0.83%) | SBILIFE 1487.20 9.25 (0.63%) | SBIN 814.55 33.80 (4.33%) | SHREECEM 24814.00 761.15 (3.16%) | SIEMENS 6850.00 208.35 (3.14%) | SRF 2163.25 19.60 (0.91%) | SUNPHARMA 1805.60 25.60 (1.44%) | TATACONSUM 943.00 31.30 (3.43%) | TATAMOTORS 794.00 20.15 (2.6%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 142.55 2.33 (1.66%) | TCS 4221.95 149.10 (3.66%) | TECHM 1744.10 41.85 (2.46%) | TITAN 3302.00 123.55 (3.89%) | TORNTPHARM 3171.00 69.05 (2.23%) | ULTRACEMCO 11301.15 346.30 (3.16%) | UPL 565.50 9.75 (1.75%) | VEDL 445.40 2.60 (0.59%) | WIPRO 571.40 14.25 (2.56%) |