NIFTY 22265.10 BANK 47848.10

Indoco Remedies Ltd.
Share Price Target & Analysis

NSE:INDOCO

333.05

VWAP

331.25

Open

330.5

Close

335.60

High

331.25

Low

415.00

52 Week High

333.00 ⇧
2.50 (0.76%)

INDOCO

(PHARMA)
23.1% Momentum

Turnaround Potential

308.30

52 Week Low

11.33

EPS

46.42

PE

2.99

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: INDOCO Share Price Financial Analysis & Valuation

Indoco Remedies Ltd. (INDOCO) is broadly categorized in PHARMA segment industry which deals in Pharmaceuticals vertical. It is one of Small Cap company with Market Capitalization of Rs 3630.7 (in Cr). Total number of free float shares are 9.2 (in Lacs). Indoco Remedies Ltd. is listed on NSE with Exchange ID - INE873D01024 and trading code is NSE:INDOCO with short name Indoco Remedies.

In the past 1 year, Indoco Remedies Ltd. has declared an equity dividend of Rs 2.25 per share. At the current share price of INDOCO at Rs 333.00, this results in a dividend yield of 0.68 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:INDOCO, it is clearly understood that INDOCO is Economical performer in terms of earnings and profit margins with an EPS of 11.33. NSE:INDOCO book value per share as of today is 111.41. The current price to book ratio for INDOCO as of May 15, 2024 is 2.99.

Valuation of the Stock: The current valuation of INDOCO 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 INDOCO whether to BUY this stock at current valuation. The delivery percentage of INDOCO is 46.99% is very crucial parameter which shows that 46.99% investors are anticipating that the price of INDOCO share should go up with VWAP at 333.05.

Now, the main question is whether to BUY or SELL, NSE:INDOCO at current valuation.
As per latest Analysis No. #424:-

⇑ STRONG BUY INDOCO if All Greens

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

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

⇘ SELL INDOCO if NO Green Indicator

NSE: INDOCO Share Price Today (May 15, 2024)

(Indoco Remedies Ltd. Daily Analysis on the basis of INDOCO Intraday Graph & Trend)

Indoco Remedies Ltd. share price moved Up by 0.76% from its previous close of Rs 330.5. INDOCO stock last traded price is 333.00. INDOCO share price trend is Up with a total of 7476 stocks traded till now. It has touched an intraday high of Rs 335.60 and an intraday low of Rs 331.25. The INDOCO trading at 333.00, Up by Rs. 2.50, or 0.76 percent which suggests that most of the Traders are anticipating that the price of INDOCO share should go Up.

NSE: INDOCO Share Price Tomorrow Prediction

(Indoco Remedies Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of INDOCO)

Indoco Remedies Ltd. share price moved Up by 0.76%. INDOCO share price short term trend is Up. It suggests that INDOCO Share Price for Tomorrow remains the same with VWAP at 333.05 will be treated as stop loss for intraday traders. Indoco Remedies Ltd. Long term investors can follow the INDOCO long term trend as mentiond in future forecast table.

NSE Code

NSE: INDOCO

INDOCO Share Price Today

 333.00

INDOCO Share Price Target Prediction for 2024 ^

 323.2 - 383.6

INDOCO Share Price Target Prediction for 2025*^

 383.6 - 444.3

INDOCO Share Price Target Prediction for 2026*^

 444.3 - 475.4

INDOCO Share Price Target Prediction for 2027*^

 499

INDOCO Share Price Target Prediction for 2028*^

 513

INDOCO Share Price Target Prediction for 2030*^

 560
INDOCO Current Book Value 2023
110.9

*Indoco Remedies Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^INDOCO 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.

INDOCO Technical Analysis

Candlestick Pattern: @325.95

INDOCO Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 327.41 SELL 327.72 SELL
MA_12 334.43 SELL 331.95 SELL
MA_20 337.06 SELL 334.33 SELL
MA_32 335.69 SELL 338.42 SELL
MA_50 343.57 SELL 342.59 SELL
MA_100 359 SELL 348.12 SELL
MA_200 347.67 SELL 349.94 SELL

INDOCO Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 337.06 Downtrend
MACD -1.08 SELL
ADX 17.93 NO or Weak Trend
DMI (+/-) 18.61 / 15.09 Uptrend

INDOCO Momentum Oscillators

BUY (0) NEUTRAL (9) SELL (3)
Momentum Oscillators Value Action
RSI 39.2 Neutral
STOCHASTIC_K (Fast) 26.98 Neutral
STOCHASTIC_D (Slow) 23.42 Neutral
CCI -70.88 Neutral
PSAR 350.64 SELL
TRUE RANGE 9.85 Neutral
ATR 10.64 Neutral
WILLIAMS R -90.97 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 61.7 Neutral
STOCHASTIC RSI D 53.9 Neutral
MOMENTUM -5.65 SELL

INDOCO Last 1 Year Trend

Duration Value
1 Year 5.37%
3 Months -19.83%
1 Month -1.7%
1 Week -0.63%

INDOCO Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 33%
SELL 63%

Most popular Questions & Answers about INDOCO


Indoco Remedies Ltd. stock last traded price is 333.00. INDOCO share price moved Up by 0.76% from its previous close of Rs 330.5.

Indoco Remedies Ltd. share price trend is Up with a total of 7476 stocks traded till now. It has touched an intraday high of Rs 419.15 and an intraday low of Rs 331.25. The INDOCO trading at 333.00, Up by Rs. 2.50, or 0.76 percent which suggests that most of the Traders are anticipating that the price of INDOCO share should go Up and the Stop Loss will be around 333.05.

The market cap of Indoco Remedies Ltd. is ₹3630.7 (in Cr) as of May 14, 2024.

The current price to earning ratio for Indoco Remedies Ltd. as of May 14, 2024 is 46.42.

The current price to book ratio for Indoco Remedies Ltd. as of May 14, 2024 is 2.99.

The highest price of Indoco Remedies Ltd. stock is ₹415.00 in the last 52-week.

The lowest price of Indoco Remedies Ltd. stock is ₹308.30 in the last 52-week.

Indoco Remedies Ltd. share trading at ₹333.00, Up by Rs. 2.50, or 0.76 percent which suggests that most of the traders are anticipating that the price of INDOCO share should go Up.

In 2023, Stock price target for Indoco Remedies Ltd. (INDOCO) are ₹323.2 on downside and ₹383.6 on upside. Indoco Remedies Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Indoco Remedies Ltd. (INDOCO) are ₹383.6 on downside and ₹444.3 on upside. Indoco Remedies Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Indoco Remedies Ltd. (INDOCO) are ₹444.3 on downside and ₹475.4 on upside. Indoco Remedies Ltd. 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 Indoco Remedies Ltd. (INDOCO) will be around ₹513 Indoco Remedies Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of INDOCO.

As per the fundamental analysis of Indoco Remedies Ltd. (INDOCO), it is of Economical quality in terms of earnings and profit margins with an EPS of 11.33. Indoco Remedies Ltd. book value per share as of today is 111.41. The current price to book ratio for INDOCO as of May 15, 2024 is 2.99.


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


Peer Comparison of NSE: INDOCO

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

Sector: Pharmaceuticals

Company Price EPS BV
SUNPHARMA 1543.90 4.04 98.98
DIVISLAB 3894.15 51.37 478.6
MEDICAMEQ 496.40 11.2 151.58
CIPLA 1402.40 50.5 305.16
DRREDDY 5927.50 260.29 1227.38
PGHH 4751.70 189.8 447.64
TORNTPHARM 2637.40 34.45 187.49
BIOCON 316.00 15.96 90.91
LUPIN 1644.00 51.04 403.99
ALKEM 5281.55 140.26 781.99
Updated at: 15 May 2024 09:41

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

SITEMAP 1863
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 3065.95 28.40 (0.93%) | ADANIGREEN 1799.40 10.60 (0.59%) | ADANIPORTS 1344.60 13.35 (1%) | ADANITRANS 1022.05 31.00 (3.13%) | AMBUJACEM 614.90 4.70 (0.77%) | APOLLOHOSP 5856.85 -5.95 (-0.1%) | ASIANPAINT 2866.65 0.50 (0.02%) | ATGL 918.40 9.45 (1.04%) | AUROPHARMA 1158.70 -9.90 (-0.85%) | AXISBANK 1123.80 0.95 (0.08%) | BAJAJ-AUTO 9061.00 -4.25 (-0.05%) | BAJAJFINSV 1582.25 5.80 (0.37%) | BAJFINANCE 6682.95 7.25 (0.11%) | BALKRISIND 2504.85 17.20 (0.69%) | BANDHANBNK 191.05 2.50 (1.33%) | BANKBARODA 263.55 2.70 (1.04%) | BEL 232.15 1.20 (0.52%) | BERGEPAINT 484.50 -10.05 (-2.03%) | BHARTIARTL 1298.95 14.65 (1.14%) | BIOCON 316.00 5.10 (1.64%) | BOSCHLTD 31409.95 -472.05 (-1.48%) | BPCL 613.05 7.10 (1.17%) | BRITANNIA 5116.00 -24.80 (-0.48%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1402.40 45.05 (3.32%) | COALINDIA 456.20 7.50 (1.67%) | COLPAL 2805.85 -14.10 (-0.5%) | DABUR 549.80 -4.75 (-0.86%) | DIVISLAB 3894.15 -2.05 (-0.05%) | DLF 831.65 -7.40 (-0.88%) | DMART 4622.75 25.70 (0.56%) | DRREDDY 5927.50 58.70 (1%) | EICHERMOT 4705.05 -25.50 (-0.54%) | GAIL 202.15 2.10 (1.05%) | GLAND 1780.00 14.50 (0.82%) | GODREJCP 1310.75 3.85 (0.29%) | GRASIM 2400.75 28.70 (1.21%) | GUJGASLTD 548.10 -3.30 (-0.6%) | HAVELLS 1740.00 10.90 (0.63%) | HCLTECH 1325.45 4.40 (0.33%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3692.85 14.95 (0.41%) | HDFCBANK 1450.45 -10.50 (-0.72%) | HDFCLIFE 558.35 -3.20 (-0.57%) | HEROMOTOCO 5090.85 47.40 (0.94%) | HINDALCO 656.80 10.15 (1.57%) | HINDUNILVR 2343.60 -6.00 (-0.26%) | HINDZINC 575.45 15.55 (2.78%) | ICICIBANK 1120.40 -0.15 (-0.01%) | ICICIGI 1664.15 -19.65 (-1.17%) | ICICIPRULI 595.00 -2.20 (-0.37%) | INDIGO 4164.10 16.75 (0.4%) | INDUSINDBK 1426.75 5.75 (0.4%) | INDUSTOWER 347.05 7.55 (2.22%) | INFY 1424.35 -0.35 (-0.02%) | IOB 63.35 1.50 (2.43%) | IOC 162.20 2.85 (1.79%) | ITC 432.85 3.15 (0.73%) | JSWSTEEL 877.80 -3.70 (-0.42%) | KOTAKBANK 1648.35 2.05 (0.12%) | LT 3385.85 6.40 (0.19%) | LTI 4634.85 41.30 (0.9%) | LUPIN 1644.00 6.85 (0.42%) | M&M 2269.25 -0.65 (-0.03%) | MARICO 600.70 0.45 (0.07%) | MARUTI 12835.10 20.90 (0.16%) | MCDOWELL-N 1169.75 -5.85 (-0.5%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1682.20 4.90 (0.29%) | NAUKRI 6010.60 -6.70 (-0.11%) | NESTLEIND 2493.65 6.30 (0.25%) | NMDC 267.50 2.45 (0.92%) | NTPC 361.85 6.05 (1.7%) | ONGC 273.90 1.00 (0.37%) | PEL 836.10 5.85 (0.7%) | PIDILITIND 2997.90 14.15 (0.47%) | PIIND 3631.20 -36.40 (-0.99%) | PNB 127.50 1.75 (1.39%) | POWERGRID 311.35 2.10 (0.68%) | RELIANCE 2846.55 6.40 (0.23%) | SAIL 167.95 3.30 (2%) | SBICARD 720.00 1.60 (0.22%) | SBILIFE 1435.55 2.70 (0.19%) | SBIN 823.75 5.55 (0.68%) | SHREECEM 26080.00 55.10 (0.21%) | SIEMENS 7146.20 485.75 (7.29%) | SRF 2300.15 13.40 (0.59%) | SUNPHARMA 1543.90 -1.35 (-0.09%) | TATACONSUM 1081.85 -3.60 (-0.33%) | TATAMOTORS 972.05 7.40 (0.77%) | TATAMTRDVR 652.95 6.60 (1.02%) | TATASTEEL 167.20 2.25 (1.36%) | TCS 3914.75 13.55 (0.35%) | TECHM 1280.85 5.35 (0.42%) | TITAN 3302.60 13.70 (0.42%) | TORNTPHARM 2637.40 6.75 (0.26%) | ULTRACEMCO 9652.50 -8.15 (-0.08%) | UPL 520.15 10.10 (1.98%) | VEDL 447.20 14.65 (3.39%) | WIPRO 457.70 1.35 (0.3%) |