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Indoco Remedies Share Price Target 2024, 2025, 2026 to 2039 With Charts

Indoco Remedies Limited

Company LogoSymbol: INDOCO
Price: ₹331.5
Exchange: NSE
Healthcare -> Drug Manufacturers—Specialty & Generic
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Indoco Remedies Brief Company Overview

Indoco Remedies Limited: A Reputable Pharmaceutical Powerhouse

Established in 1945, Indoco Remedies Limited is an esteemed pharmaceutical company headquartered in Mumbai, India. With a global presence, the company has carved a niche for itself by manufacturing, marketing, and selling a diverse range of formulations and active pharmaceutical ingredients.

Indoco Remedies boasts an extensive product portfolio that caters to various therapeutic segments. Their offerings include stomatological, gastrointestinal, respiratory, anti-infective, vitamin/mineral/nutrient, ophthal/ontological, antifungal, hormonal, dermatology, urological, anti-diabetic, gynaecological, lifestyle management, pain/analgesic, and cardiac products.

Beyond its core pharmaceutical business, Indoco Remedies also provides analytical services, architectural design, and contract research and manufacturing services to various industries.

Commitment to Excellence: Indoco Remedies is committed to delivering high-quality products and services while adhering to stringent regulatory standards. The company's focus on innovation and research has propelled it to become a trusted name in the pharmaceutical industry.


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Indoco Remedies Financial Performance

MetricValueDescription
Market Capital3,013.77 CroreMarket valuation of Indoco Remedies's shares.
Revenue (TTM)1,817.28 CroreTotal revenue generated by Indoco Remedies over the past twelve months.
Net Income (TTM)+98.47 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin5.03%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin5.41%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+5%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-12.1%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
60.51Company's total debt divided by total shareholder equity.
Total Debt671.96 CroreSum of Indoco Remedies's current & long-term financial obligations.
Total Cash31.57 CroreTotal amount of liquid funds available to Indoco Remedies.
Beta0.39Beta is less than 1 indicating that the Indoco Remedies's price is less volatile than the market.

Is Indoco Remedies A Good Buy For Long Term?

Indoco Remedies is a small-cap company with a decent profit margin of 5.41% for the last 12 months. However, its recent performance has been lackluster, with a negative return for the past 3 months, 6 months, and YTD. While its long-term performance has been better, showing positive returns for the past 3 and 5 years, its current debt of 671.96 Crore and low cash balance of 31.57 Crore raise concerns about its financial health. Therefore, considering its current financial position and recent performance, Indoco Remedies may not be a good buy for the long term.

To predict the Indoco Remedies's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Indoco Remedies Share Price Target For 2024

Indoco Remedies Targets For 2024 Chart

The line chart displays the monthly closing prices of Indoco Remedies with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Indoco Remedies shares in 2024, see the table below.

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Indoco Remedies Share Price Target Table For 2024

Indoco Remedies's LevelsValueReason/Importance
2024 Target 3349.43 (+5.4%)Price Action: Mar 2022 Low
2024 Target 2345.84 (+4.32%)Custom Fibonacci Extension Lvl 23.6%
2024 Target 1342.14 (+3.2%)Technical Indicator: MA250
Current Price331.50Indoco Remedies's 1 share price as of Mon 01 Jul 2024
Stop Loss 1327.20 (-1.3%)Price Action: 10 Jun 2024 High
Stop Loss 2323.79 (-2.33%)Price Action: Jul 2024 Low
Stop Loss 3319.59 (-3.6%)Price Action: May 2021 Low

Summary: Indoco Remedies Share Price Prediction For 2024

In summary, Indoco Remedies has declined by ₹-63.70, recording a notable -16.12% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Indoco Remedies for 2024 predicts an additional rise of 3.2% to 5.4% by the end of 2024 with three potential targets T1: 342.14, T2: 345.84, T3: 349.43. Stop Loss at SL1: 327.20, SL2: 323.79, SL3: 319.59.

Indoco Remedies has a 52-week high of ₹414.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹286.60, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Indoco Remedies.

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Indoco Remedies Share Price Target For 2025

Indoco Remedies Targets For 2025 Chart

The line chart displays the monthly closing prices of Indoco Remedies with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Indoco Remedies shares in 2025, see the table below.

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Indoco Remedies Share Price Target Table For 2025

Indoco Remedies's LevelsValueReason/Importance
2025 Target 3421.87 (+27.26%)Price Action: Chart
2025 Target 2414.00 (+24.88%)Fibonacci Extension Level 100%
2025 Target 1408.64 (+23.26%)Custom Fibonacci Extension Lvl 64.9%
Current Price331.50Indoco Remedies's 1 share price as of Mon 01 Jul 2024
Stop Loss 1313.76 (-5.36%)Price Action: Mar 2016 High
Stop Loss 2310.55 (-6.32%)Price Action: Sep 2023 Low
Stop Loss 3307.37 (-7.28%)Price Action: Dec 2015 Low

Summary: Indoco Remedies Share Price Prediction For 2025

In summary, Indoco Remedies has declined by ₹-63.70, recording a notable -16.12% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Indoco Remedies for 2025 predicts an additional rise of 23.26% to 27.26% by the end of 2025 with three potential targets T1: 408.64, T2: 414.00, T3: 421.87. Stop Loss at SL1: 313.76, SL2: 310.55, SL3: 307.37.

Indoco Remedies has a All-Time high of ₹530.25, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹286.60, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Indoco Remedies, we have created a specific page for that check here: Indoco Remedies Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Indoco Remedies Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Indoco Remedies Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Indoco Remedies share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -1.57% over the next 15 years.

For complete year by year Indoco Remedies long term share price target from 2024, 2025 to 2039 check the below table.

Indoco Remedies Share Price Target Table From 2024, 2025, 2026 to 2039

YearIndoco Remedies TargetYoY Change %
2024₹331.5[Current Price]
2024₹327.38-1.25%
2025₹307.82-5.98%
2026₹286-7.09%
2027₹269.58-5.74%
2028₹272.831.2%
2029₹252.31-7.53%
2030₹233.85-7.32%
2031₹213.8-8.58%
2032₹221.093.4%
2033₹225.632.05%
2034₹234.984.14%
2035₹221.13-5.9%
2036₹278.5125.94%
2037₹271.06-2.68%
2038₹287.686.13%
2039₹262.38-8.8%

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Indoco Remedies Past Performance

INDOCO main
Indoco Remedies has been listed on NSE for more than 19 years.
  • In 2005, Indoco Remedies opening price was ₹46.93
  • As of Mon 01 Jul 2024 the price stands at ₹331.5.
  • This represents a Compound Annual Growth Rate (CAGR) of 10.27%.
  • In 19 years, an investment of 10,000 would have become ₹70,637.11.

As we wrap up, we hope you like our study on Indoco Remedies share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Indoco Remedies Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter