Medico Remedies' Stock Hits 52-Week Low, Underperforms Sector Amidst Downward Trend
Medico Remedies, a microcap pharmaceutical company, has experienced a decline in its stock price, reaching a 52-week low on May 27, 2024. According to MarketsMojo, the stock has been given a Sell call and is currently trading at Rs 36.45, underperforming the sector by -2.67%. Despite this, the company remains a significant player in the pharmaceutical industry.
Medico Remedies, a microcap pharmaceutical company, has recently seen a dip in its stock price, touching a 52-week low on May 27, 2024. According to MarketsMOJO, the stock has been given a "Sell" call.
The stock is currently trading at Rs 36.45, which is only 0.14% away from its 52-week low. It has also underperformed the sector by -2.67% today. In the last two days, the stock has been on a downward trend, with a fall of -4.53% in returns.
During intraday trading, the stock reached a low of Rs 36.5, which is a decrease of -2.8%. Medico Remedies is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In the past year, Medico Remedies has shown a negative performance of -60.18%, while the Sensex has seen a positive performance of 20.62%. This indicates a significant difference in the performance of the company compared to the overall market.
Despite the recent dip in stock price, Medico Remedies remains a key player in the pharmaceutical industry. Investors should keep an eye on the company's performance and future developments.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
