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

Medico Remedies Limited

Company LogoSymbol: MEDICO
Price: ₹40.03
Exchange: NSE
Healthcare -> Drug Manufacturers - Specialty & Generic
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Medico Remedies Brief Company Overview

Medico Remedies Limited: A Comprehensive Overview

Established in 1994, Medico Remedies Limited is an esteemed Indian pharmaceutical company known for its diverse product range and commitment to healthcare excellence.

  • Key Products: Antibiotics, anti-infectives, vitamins, cardiovascular products, antidepressants, antimalarials, syrups, ointments, anti-diabetics, etc.
  • Market Presence: Established in Mumbai, India, with extensive exports globally.

Medico Remedies Limited is widely recognized for its high-quality formulations and unwavering commitment to patient well-being.


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Medico Remedies Financial Performance

MetricValueDescription
Market Capital323.72 CroreMarket valuation of Medico Remedies's shares.
Revenue (TTM)144.92 CroreTotal revenue generated by Medico Remedies over the past twelve months.
Net Income (TTM)+8.29 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin9.45%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin5.72%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+47.59%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+75.5%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
15.37Company's total debt divided by total shareholder equity.
Total Debt8.05 CroreSum of Medico Remedies's current & long-term financial obligations.
Total Cash1.54 CroreTotal amount of liquid funds available to Medico Remedies.
Beta0.1Beta is less than 1 indicating that the Medico Remedies's price is less volatile than the market.

Is Medico Remedies A Good Buy For Long Term?

Medico Remedies, despite a recent dip in share price, remains an intriguing prospect for long-term investors. While its Q4 2023-24 report indicates a debt of 8.05 Crore and a cash balance of 1.54 Crore, the company boasts strong historical performance with 3-year and 5-year returns of 984.57% and 806.22%, respectively. Its current revenue of 144.92 Crore and net profit of 8.29 Crore indicate potential for future growth. However, the recent negative returns and the need to address the debt burden should be carefully considered before making an investment decision.

To predict the Medico 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

Medico Remedies Share Price Target For 2024

Medico Remedies Targets For 2024 Chart

The line chart displays the monthly closing prices of Medico 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 Medico Remedies shares in 2024, see the table below.

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Medico Remedies Share Price Target Table For 2024

Medico Remedies's LevelsValueReason/Importance
2024 Target 354.34 (+35.74%)Price Action: Chart
2024 Target 253.33 (+33.22%)Price Action: Chart
2024 Target 152.80 (+31.9%)Custom Fibonacci Extension Lvl 23.6%
Current Price40.03Medico Remedies's 1 share price as of Mon 01 Jul 2024
Stop Loss 136.00 (-10.07%)Price Action: 28 May 2024 Low
Stop Loss 235.50 (-11.32%)Price Action: 06 Jun 2024 Low
Stop Loss 334.79 (-13.1%)Price Action: 05 Jun 2024 Low

Summary: Medico Remedies Share Price Prediction For 2024

In summary, Medico Remedies has declined by ₹-43.77, recording a notable -52.23% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Medico Remedies for 2024 predicts an additional rise of 31.9% to 35.74% by the end of 2024 with three potential targets T1: 52.80, T2: 53.33, T3: 54.34. Stop Loss at SL1: 36.00, SL2: 35.50, SL3: 34.79.

Medico Remedies has a 52-week high of ₹92.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹34.79, 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 Medico Remedies.

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Medico Remedies Share Price Target For 2025

Medico Remedies Targets For 2025 Chart

The line chart displays the monthly closing prices of Medico 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 Medico Remedies shares in 2025, see the table below.

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Medico Remedies Share Price Target Table For 2025

Medico Remedies's LevelsValueReason/Importance
2025 Target 382.48 (+106.04%)Price Action: Chart
2025 Target 280.94 (+102.19%)Price Action: Chart
2025 Target 180.14 (+100.19%)Custom Fibonacci Extension Lvl 64.9%
Current Price40.03Medico Remedies's 1 share price as of Mon 01 Jul 2024
Stop Loss 130.26 (-24.41%)Price Action: Chart
Stop Loss 229.96 (-25.16%)Price Action: Chart
Stop Loss 329.42 (-26.51%)Price Action: Chart

Summary: Medico Remedies Share Price Prediction For 2025

In summary, Medico Remedies has declined by ₹-43.77, recording a notable -52.23% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Medico Remedies for 2025 predicts an additional rise of 100.19% to 106.04% by the end of 2025 with three potential targets T1: 80.14, T2: 80.94, T3: 82.48. Stop Loss at SL1: 30.26, SL2: 29.96, SL3: 29.42.

Medico Remedies has a All-Time high of ₹365.04, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹34.79, 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 Medico Remedies, we have created a specific page for that check here: Medico Remedies Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

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

Medico Remedies Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Medico Remedies share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 8.06% over the next 15 years.

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

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

YearMedico Remedies TargetYoY Change %
2024₹40.03[Current Price]
2024₹29.63-25.99%
2025₹39.7934.32%
2026₹29.61-25.61%
2027₹76.66158.89%
2028₹77.831.52%
2029₹72.61-6.71%
2030₹73.20.82%
2031₹74.341.54%
2032₹81.569.72%
2033₹82.751.44%
2034₹77.14-6.78%
2035₹77.70.73%
2036₹78.861.47%
2037₹86.479.65%
2038₹87.661.37%
2039₹87.70.04%

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Medico Remedies Past Performance

MEDICO main
Medico Remedies has been listed on NSE for more than 6 years.
  • In 2018, Medico Remedies opening price was ₹4.84
  • As of Mon 01 Jul 2024 the price stands at ₹40.03.
  • This represents a Compound Annual Growth Rate (CAGR) of 35.19%.
  • In 6 years, an investment of 10,000 would have become ₹82,536.08.

As we wrap up, we hope you like our study on Medico 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 Medico 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