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Morepen Laboratories Limited
Share Price Target & Analysis

NSE:MOREPENLAB

74.14

VWAP

73.79

Open

73.23

Close

75.36

High

73.25

Low

100.9

52 Week High

73.93 ⇧
0.70 (0.96%)

MOREPENLAB

(PHARMA)
56.7% Momentum

Turnaround Potential

38.55

52 Week Low

2.59

EPS

47.38

PE

4.52

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: MOREPENLAB Share Price Financial Analysis & Valuation

Morepen Laboratories Limited (MOREPENLAB) is broadly categorized in PHARMA segment industry which deals in Pharmaceuticals vertical. It is one of Small Cap company with Market Capitalization of Rs 2276.1 (in Cr). Total number of free float shares are 45 (in Lacs). Morepen Laboratories Limited is listed on NSE with Exchange ID - INE083A01026 and trading code is NSE:MOREPENLAB with short name Morepen Lab.

In the past 1 year, Morepen Laboratories Limited has declared an equity dividend of Rs 0 per share. At the current share price of MOREPENLAB at Rs 73.93, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:MOREPENLAB, it is clearly understood that MOREPENLAB is Economical performer in terms of earnings and profit margins with an EPS of 2.59. NSE:MOREPENLAB book value per share as of today is 16.36. The current price to book ratio for MOREPENLAB as of Nov 23, 2024 is 4.52.

Valuation of the Stock: The current valuation of MOREPENLAB 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 MOREPENLAB whether to BUY this stock at current valuation. The delivery percentage of MOREPENLAB is 28.42% is very crucial parameter which shows that 28.42% investors are anticipating that the price of MOREPENLAB share should go up with VWAP at 74.14.

Now, the main question is whether to BUY or SELL, NSE:MOREPENLAB at current valuation.
As per latest Analysis No. #2501:-

⇑ STRONG BUY MOREPENLAB if All Greens

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

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

⇘ SELL MOREPENLAB if NO Green Indicator

NSE: MOREPENLAB Share Price Today (Nov 23, 2024)

(Morepen Laboratories Limited Daily Analysis on the basis of MOREPENLAB Intraday Graph & Trend)

Morepen Laboratories Limited share price moved Up by 0.96% from its previous close of Rs 73.23. MOREPENLAB stock last traded price is 73.93. MOREPENLAB share price trend is Up with a total of 5385280 stocks traded till now. It has touched an intraday high of Rs 75.36 and an intraday low of Rs 73.25. The MOREPENLAB trading at 73.93, Up by Rs. 0.70, or 0.96 percent which suggests that most of the Traders are anticipating that the price of MOREPENLAB share should go Up.

NSE: MOREPENLAB Share Price Tomorrow Prediction

(Morepen Laboratories Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MOREPENLAB)

Morepen Laboratories Limited share price moved Up by 0.96%. MOREPENLAB share price short term trend is Up. It suggests that MOREPENLAB Share Price for Tomorrow remains the same with VWAP at 74.14 will be treated as stop loss for intraday traders. Morepen Laboratories Limited Long term investors can follow the MOREPENLAB long term trend as mentiond in future forecast table.

NSE Code

NSE: MOREPENLAB

MOREPENLAB Share Price Today

 73.93

MOREPENLAB Share Price Target Prediction for 2024 ^

 67.2 - 101.4

MOREPENLAB Share Price Target Prediction for 2025*^

 101.4 - 108

MOREPENLAB Share Price Target Prediction for 2026*^

 108 - 115.6

MOREPENLAB Share Price Target Prediction for 2027*^

 121

MOREPENLAB Share Price Target Prediction for 2028*^

 125

MOREPENLAB Share Price Target Prediction for 2030*^

 136
MOREPENLAB Current Book Value 2023
16.3

*Morepen Laboratories Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^MOREPENLAB 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.

MOREPENLAB Technical Analysis

Candlestick Pattern: @75.61

MOREPENLAB Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 78.91 SELL 78.17 SELL
MA_12 80.37 SELL 79.98 SELL
MA_20 79.93 SELL 80.75 SELL
MA_32 82.61 SELL 81.31 SELL
MA_50 85.05 SELL 80.45 SELL
MA_100 76.18 SELL 76.02 SELL
MA_200 61.31 BUY 64.97 BUY

MOREPENLAB Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 79.93 Downtrend
MACD -0.42 SELL
ADX 18.01 NO or Weak Trend
DMI (+/-) 15.77 / 28.84 Downtrend

MOREPENLAB Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 39.22 Neutral
STOCHASTIC_K (Fast) 0.56 Oversold
STOCHASTIC_D (Slow) 9.54 Oversold
CCI -108.02 SELL
PSAR 87.13 SELL
TRUE RANGE 2.42 Neutral
ATR 4.21 Neutral
WILLIAMS R -85.72 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 1.38 Oversold
STOCHASTIC RSI D 0.46 Oversold
MOMENTUM -15.16 SELL

MOREPENLAB Last 1 Year Trend

Duration Value
1 Year 90.69%
3 Months 29.42%
1 Month -16.7%
1 Week -10.63%

MOREPENLAB Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 17%
SELL 77%

Most popular Questions & Answers about MOREPENLAB


Morepen Laboratories Limited stock last traded price is 73.93. MOREPENLAB share price moved Up by 0.96% from its previous close of Rs 73.23.

Morepen Laboratories Limited share price trend is Up with a total of 5385280 stocks traded till now. It has touched an intraday high of Rs 101.909 and an intraday low of Rs 73.25. The MOREPENLAB trading at 73.93, Up by Rs. 0.70, or 0.96 percent which suggests that most of the Traders are anticipating that the price of MOREPENLAB share should go Up and the Stop Loss will be around 74.14.

The market cap of Morepen Laboratories Limited is ₹2276.1 (in Cr) as of Nov 22, 2024.

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

The current price to book ratio for Morepen Laboratories Limited as of Nov 22, 2024 is 4.52.

The highest price of Morepen Laboratories Limited stock is ₹100.9 in the last 52-week.

The lowest price of Morepen Laboratories Limited stock is ₹38.55 in the last 52-week.

Morepen Laboratories Limited share trading at ₹73.93, Up by Rs. 0.70, or 0.96 percent which suggests that most of the traders are anticipating that the price of MOREPENLAB share should go Up.

In 2023, Stock price target for Morepen Laboratories Limited (MOREPENLAB) are ₹67.2 on downside and ₹101.4 on upside. Morepen Laboratories Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Morepen Laboratories Limited (MOREPENLAB) are ₹101.4 on downside and ₹108 on upside. Morepen Laboratories Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Morepen Laboratories Limited (MOREPENLAB) are ₹108 on downside and ₹115.6 on upside. Morepen Laboratories 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 Morepen Laboratories Limited (MOREPENLAB) will be around ₹125 Morepen Laboratories Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MOREPENLAB.

The price of Morepen Laboratories Limited (MOREPENLAB) shares moved by 0.96%. The short-term trend for MOREPENLAB share price is Up. It implies that the share price of MOREPENLAB will stay the same tomorrow and that intraday traders should treat VWAP at 74.14 as a stop loss. Investors with a long-term outlook can track MOREPENLAB long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MOREPENLAB stock is 31.1. Compared to the current market price of 73.93 INR, the MOREPENLAB stock is Overvalued by 57.9%.

As per the fundamental analysis of Morepen Laboratories Limited (MOREPENLAB), it is of Economical quality in terms of earnings and profit margins with an EPS of 2.59. Morepen Laboratories Limited book value per share as of today is 16.36. The current price to book ratio for MOREPENLAB as of Nov 23, 2024 is 4.52.


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


Peer Comparison of NSE: MOREPENLAB

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

Sector: Pharmaceuticals

Company Price EPS BV
SUNPHARMA 1805.60 11.21 98.75
DIVISLAB 6000.00 69.2 507.94
MEDICAMEQ 446.75 8.18 164.54
CIPLA 1485.25 54.32 346.38
DRREDDY 1214.00 57.64 290.52
PGHH 15925.70 189.8 324.25
TORNTPHARM 3171.00 48.34 201.78
BIOCON 331.60 0.35 90.88
LUPIN 2064.55 65.71 451.63
ALKEM 5583.35 176.48 882.75
Updated at: 22 Nov 2024 15:42

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