Morepen Laboratories Share Price
Start SIP in Morepen Laboratories
Start SIPMorepen Laboratories Performance
Day Range
- Low 88
- High 92
52 Week Range
- Low 31
- High 101
- Open Price92
- Previous Close92
- Volume9517358
Morepen Laboratories Investment Rating
-
Master Rating:
-
Morepen Laboratories has an operating revenue of Rs. 1,744.61 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 8% is okay, ROE of 11% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 37% and 75% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 87 which is a GOOD score indicating consistency in earnings, a RS Rating of 90 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 46 indicates it belongs to a fair industry group of Medical-Diversified and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 386 | 393 | 395 | 381 | 369 | 337 |
Operating Expenses Qtr Cr | 337 | 336 | 344 | 351 | 344 | 321 |
Operating Profit Qtr Cr | 49 | 56 | 51 | 30 | 25 | 15 |
Depreciation Qtr Cr | 4 | 7 | 6 | 5 | 5 | 5 |
Interest Qtr Cr | 1 | 1 | 2 | 0 | 0 | 1 |
Tax Qtr Cr | 12 | 13 | 12 | 7 | 6 | 3 |
Net Profit Qtr Cr | 35 | 40 | 35 | 20 | 16 | 10 |
Morepen Laboratories Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 11
- Bearish Moving Average
- ___
- 5
- 20 Day
- ₹85.25
- 50 Day
- ₹73.75
- 100 Day
- ₹64.58
- 200 Day
- ₹55.95
- 20 Day
- ₹85.89
- 50 Day
- ₹69.63
- 100 Day
- ₹60.00
- 200 Day
- ₹53.87
Morepen Laboratories Resistance and Support
Resistance | |
---|---|
First Resistance | 91.48 |
Second Resistance | 94.01 |
Third Resistance | 95.68 |
RSI | 61.54 |
MFI | 73.44 |
MACD Single Line | 7.60 |
MACD | 7.19 |
Support | |
---|---|
First Support | 87.28 |
Second Support | 85.61 |
Third Supoort | 83.08 |
Morepen Laboratories Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 10,166,975 | 414,100,892 | 40.73 |
Week | 14,397,826 | 467,209,460 | 32.45 |
1 Month | 42,024,495 | 1,086,753,451 | 25.86 |
6 Month | 13,917,354 | 417,798,954 | 30.02 |
Morepen Laboratories Result Highlights
Morepen Laboratories Synopsis
NSE-Medical-Diversified
Morepen Labs.Lt is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs. 1338.88 Cr. and Equity Capital is Rs. 102.23 Cr. for the Year ended 31/03/2023. Morepen Laboratories Ltd. is a Public Limited Listed company incorporated on 01/12/1984 and has its registered office in the State of Himachal Pradesh, India. Company’s Corporate Identification Number(CIN) is L24231HP1984PLC006028 and registration number is 006028.Market Cap | 5,042 |
Sales | 1,554 |
Shares in Float | 35.07 |
No of funds | 46 |
Yield |
Book Value | 5.29 |
U/D Vol ratio | 3.5 |
LTDebt / Equity | |
Alpha | 0.21 |
Beta | 1.68 |
Morepen Laboratories Shareholding Pattern
Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
---|---|---|---|---|
Promoters | 38.22% | 38.22% | 38.22% | 38.22% |
Mutual Funds | 0.05% | |||
Insurance Companies | 1.01% | 1.01% | 1.01% | 1.02% |
Foreign Portfolio Investors | 1.67% | 1.85% | 2.11% | 1.29% |
Financial Institutions/ Banks | 0.21% | 0.92% | 0.22% | 0.98% |
Individual Investors | 45.22% | 45.03% | 44.45% | 45.56% |
Others | 13.67% | 12.97% | 13.99% | 12.88% |
Morepen Laboratories Management
Name | Designation |
---|---|
Mr. Sushil Suri | Chairman & Managing Director |
Mr. Sanjay Suri | Whole Time Director |
Mr. Manoj Joshi | Independent Director |
Mr. Bhupender Raj Wadhwa | Independent Director |
Mr. Sukhcharan Singh | Independent Director |
Mr. Praveen Kumar Dutt | Independent Director |
Mrs. Savita | Independent Director |
Morepen Laboratories Forecast
Price Estimates
Morepen Laboratories Corporate Action
Date | Purpose | Remarks |
---|---|---|
2024-08-12 | Quarterly Results | |
2024-05-21 | Audited Results | |
2024-01-31 | Quarterly Results | |
2023-11-02 | Quarterly Results | |
2023-08-05 | Quarterly Results |
Morepen Laboratories FAQs
What is Share Price of Morepen Laboratories ?
Morepen Laboratories share price is ₹88 As on 18 September, 2024 | 02:32
What is the Market Cap of Morepen Laboratories ?
The Market Cap of Morepen Laboratories is ₹4873.5 Cr As on 18 September, 2024 | 02:32
What is the P/E ratio of Morepen Laboratories ?
The P/E ratio of Morepen Laboratories is 41.4 As on 18 September, 2024 | 02:32
What is the PB ratio of Morepen Laboratories ?
The PB ratio of Morepen Laboratories is 5.8 As on 18 September, 2024 | 02:32