Medplus Health Services Achieves 52-Week High Amid Broader Market Declines

Medplus Health Services has made headlines today as its stock price reached a new 52-week high of Rs. 918.2, marking a significant milestone for the midcap retailing company. This achievement comes amid a broader market environment where the Sensex is experiencing slight declines, trading at 82,296.07, just 4.47% away from its own 52-week high. The stock has shown impressive performance, outperforming its sector by 1.3% and gaining 11.16% over the past three days. Medplus Health is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. In terms of financial health, Medplus reported a remarkable 18.53% growth in net profit for the December quarter, alongside a robust return on capital employed (ROCE) of 8.14%. The company has consistently delivered positive results over the last two quarters, further solidifying its market position. With a one-year return of 30.97%, significantly outpacing the Sensex's 11.20%, Medplus Health Services continues to demonstrate resilience and growth potential in the retail sector.