MOREPENLAB

Morepen Laboratories Share PriceMorepen Laboratories

₹27.05
0.1 (0.37%)
As on 09 June, 2023 | 12:53 BSE: 500288 NSE: MOREPENLAB

Morepen Laboratories Performance

Day Range

  • Low
  • High
27.05

52 Week Range

  • Low
  • High
27.05
  • Open Price
  • Previous Close
  • Volume

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Morepen Laboratories Share Price

  • Over 1 Month 1.3%
  • Over 3 Month 2.83%
  • Over 6 Month -12.52%
  • Over 1 Year -33.29%

Morepen Laboratories Key Statistics

P/E Ratio 35.8
PEG Ratio -0.6
Market Cap Cr 1,383
Price to Book Ratio 1.8
EPS 0.9
Dividend 0
Relative Strength Index 57.32
Money Flow Index 61.08
MACD Signal -0.1
Average True Range 0.79

Morepen Laboratories Investment Rating

  • Master Rating:
  • Morepen Laboratories has an operating revenue of Rs. 1,417.53 Cr. on a trailing 12-month basis. An annual revenue de-growth of -9% needs improvement, Pre-tax margin of 4% needs improvement, ROE of 5% is fair but needs improvement. 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 trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 50 which is a POOR score indicating inconsistency in earnings, a RS Rating of 19 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 110 indicates it belongs to a poor industry group of Medical-Diversified and a Master Score of D is close to being the worst. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Morepen Laboratories Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 337345383274342
Operating Expenses Qtr Cr 321323356261323
Operating Profit Qtr Cr 1521271419
Depreciation Qtr Cr 55445
Interest Qtr Cr 11001
Tax Qtr Cr 35632
Net Profit Qtr Cr 101317714

Morepen Laboratories Technicals

EMA & SMA

Current Price
₹27.05
0.1 (0.37%)
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • ₹26.46
  • 50 Day
  • ₹26.62
  • 100 Day
  • ₹27.51
  • 200 Day
  • ₹30.08
  • 20 Day
  • ₹26.25
  • 50 Day
  • ₹26.54
  • 100 Day
  • ₹27.09
  • 200 Day
  • ₹29.14

Morepen Laboratories Resistance and Support

PIVOT
₹27.2
Resistance
First Resistance ₹27.55
Second Resistance ₹28.15
Third Resistance ₹28.5
RSI 57.32
MFI 61.08
MACD Single Line -0.1
MACD 0.06
Support
First Resistance ₹26.6
Second Resistance ₹26.25
Third Resistance ₹25.65

Morepen Laboratories Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 5,216,786 182,170,167 34.92
Week 4,629,520 163,514,653 35.32
1 Month 2,340,629 95,614,691 40.85
6 Month 5,698,721 140,701,428 24.69

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 1,388
Sales 1,339
Shares in Float 31.69
No of funds 41
Yield
Book Value 1.76
U/D Vol ratio 1.5
LTDebt / Equity
Alpha -0.15
Beta 0.37

Morepen Laboratories

Owner NameMar-23Dec-22Sep-22Jun-22
Promoters 38.22%38.22%38.22%36.74%
Mutual Funds
Insurance Companies 1.06%1.07%1.07%1.1%
Foreign Portfolio Investors 0.96%0.89%1.15%0.95%
Financial Institutions/ Banks 0.34%2.33%0.38%2.98%
Individual Investors 45.04%44.03%43.63%40.91%
Others 14.38%13.46%15.55%17.32%

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

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Morepen Laboratories Corporate Action

Date Purpose Remarks
2023-05-16 Audited Results
2023-02-13 Quarterly Results
2022-11-10 Quarterly Results
2022-07-29 Quarterly Results
2022-05-05 Audited Results

Morepen Laboratories MF Shareholding

Name Amount(cr)
Motilal Oswal S&P BSE Healthcare ETF 6

Morepen Laboratories FAQs

What is Share Price of Morepen Laboratories ?

Morepen Laboratories share price is ₹27 As on 09 June, 2023 | 12:39

What is the Market Cap of Morepen Laboratories ?

The Market Cap of Morepen Laboratories is ₹1382.7 Cr As on 09 June, 2023 | 12:39

What is the P/E ratio of Morepen Laboratories ?

The P/E ratio of Morepen Laboratories is 35.8 As on 09 June, 2023 | 12:39

What is the PB ratio of Morepen Laboratories ?

The PB ratio of Morepen Laboratories is 1.8 As on 09 June, 2023 | 12:39

Q2FY23

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