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Medico Remedies Limited
Share Price Target & Analysis

NSE:MEDICO

38.73

VWAP

39.00

Open

40.6

Close

40.00

High

38.60

Low

100.70

52 Week High

38.60 ⇩
-2.00 (-4.93%)

MEDICO

(DIVERSIFIED)
0% Momentum

Watch Carefully

38.60

52 Week Low

1.00

EPS

26.11

PE

1.72

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 38.60, 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 1.00. NSE:MEDICO book value per share as of today is 22.48. The current price to book ratio for MEDICO as of May 15, 2024 is 1.72.

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 38.73.

Now, the main question is whether to BUY or SELL, NSE:MEDICO at current valuation.
As per latest Analysis No. #793:-

⇑ 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 15, 2024)

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

Medico Remedies Limited share price moved Down by -4.93% from its previous close of Rs 40.6. MEDICO stock last traded price is 38.60. MEDICO share price trend is Down with a total of 182921 stocks traded till now. It has touched an intraday high of Rs 40.00 and an intraday low of Rs 38.60. The MEDICO trading at 38.60, Down by Rs. -2.00, or -4.93 percent which suggests that most of the Traders are anticipating that the price of MEDICO share should go Down.

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 Down by -4.93%. MEDICO share price short term trend is Down. It suggests that MEDICO Share Price for Tomorrow remains the same with VWAP at 38.73 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

 38.60

MEDICO Share Price Target Prediction for 2024 ^

 40.5 - 74.1

MEDICO Share Price Target Prediction for 2025*^

 74.1 - 77.1

MEDICO Share Price Target Prediction for 2026*^

 77.1 - 81

MEDICO Share Price Target Prediction for 2027*^

 85

MEDICO Share Price Target Prediction for 2028*^

 86

MEDICO Share Price Target Prediction for 2030*^

 93
MEDICO Current Book Value 2023
22.4

*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: @45.7

MEDICO Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 46.67 SELL 46.57 SELL
MA_12 47.31 SELL 48.01 SELL
MA_20 47.59 SELL 50.52 SELL
MA_32 57.41 SELL 56.22 SELL
MA_50 66.6 SELL 61.33 SELL
MA_100 74.85 SELL 68.12 SELL
MA_200 75.86 SELL 71.63 SELL

MEDICO Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 45.88 OverSold
MACD 1.12 BUY
ADX 65.89 Very Strong Trend
DMI (+/-) 4.82 / 30.93 Downtrend

MEDICO Momentum Oscillators

BUY (2) NEUTRAL (4) SELL (6)
Momentum Oscillators Value Action
RSI 26.38 Oversold
STOCHASTIC_K (Fast) 18.45 Oversold
STOCHASTIC_D (Slow) 24.18 Neutral
CCI -166.41 SELL
PSAR 49.1 SELL
TRUE RANGE 1.95 BUY
ATR 2.92 BUY
WILLIAMS R -73.91 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 17.12 Oversold
STOCHASTIC RSI D 37.69 Neutral
MOMENTUM -0.85 SELL

MEDICO Last 1 Year Trend

Duration Value
1 Year -44%
3 Months -48.22%
1 Month -1.83%
1 Week -5.48%

MEDICO Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 13%
NEUTRAL / HOLD 13%
SELL 73%

Most popular Questions & Answers about MEDICO


Medico Remedies Limited stock last traded price is 38.60. MEDICO share price moved Down by -4.93% from its previous close of Rs 40.6.

Medico Remedies Limited share price trend is Down with a total of 182921 stocks traded till now. It has touched an intraday high of Rs 101.707 and an intraday low of Rs 38.60. The MEDICO trading at 38.60, Down by Rs. -2.00, or -4.93 percent which suggests that most of the Traders are anticipating that the price of MEDICO share should go Down and the Stop Loss will be around 38.73.

The market cap of Medico Remedies Limited is ₹154.35 (in Cr) as of May 14, 2024.

The current price to earning ratio for Medico Remedies Limited as of May 14, 2024 is 26.11.

The current price to book ratio for Medico Remedies Limited as of May 14, 2024 is 1.72.

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 ₹38.60 in the last 52-week.

Medico Remedies Limited share trading at ₹38.60, Down by Rs. -2.00, or -4.93 percent which suggests that most of the traders are anticipating that the price of MEDICO share should go Down.

In 2023, Stock price target for Medico Remedies Limited (MEDICO) are ₹40.5 on downside and ₹74.1 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 ₹74.1 on downside and ₹77.1 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 ₹77.1 on downside and ₹81 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 ₹86 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 1.00. Medico Remedies Limited book value per share as of today is 22.48. The current price to book ratio for MEDICO as of May 15, 2024 is 1.72.


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 429.70 16.41 54.15
GRASIM 2382.20 22.29 765.03
DCMSRIND 976.55 27.33 421.72
SRF 2286.75 46.35 354.65
VOLTAS 1304.20 18.26 226.62
STARHEALTH 533.25 14.44 107.5
DIL 7.90 0 11.38
3MINDIA 28780.00 442.34 1729.1
GICRE 329.50 36.59 239.27
IEX 144.85 3.69 8.8
Updated at: 14 May 2024 15:57

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