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Morepen Laboratories Ltd Performance

Today's Low
45.30
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Today's High
47.50
52 Wk Low
25.10
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52 Wk High
56.40


Open

46.95

Traded Value (Cr)

7.32 Cr

Prev. Close

46.9

VWAP

46.24

Volume

16,43,405

Face Value

2

Morepen Laboratories Ltd Fundamentals

Market Cap
₹ 2,330 Cr
P/E Ratio (TTM)
30.60
P/B Ratio
2.95
Debt to Equity
0.04
ROE
6.73 %
EPS (TTM)
1.49
Dividend Yield
0.00%
Book Value
15.44

Click here to know more about Fundamentals

Morepen Laboratories Ltd Financials

Morepen Laboratories Ltd Financials

Morepen Laboratories Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Retail 45.03 % 44.44 % 45.56 % 45.49 %
Promoters 38.22 % 38.22 % 38.22 % 38.22 %
Others 14.90 % 15.23 % 14.88 % 15.29 %
FII 1.85 % 2.11 % 1.29 % 1.00 %
Mutual Funds 0.00 % 0.00 % 0.05 % 0.00 %

Retail

45.03%

Promoters

38.22%

Others

14.90%

FII

1.85%

Mutual Funds

0.00%

Retail

44.44%

Promoters

38.22%

Others

15.23%

FII

2.11%

Mutual Funds

0.00%

Retail

45.56%

Promoters

38.22%

Others

14.88%

FII

1.29%

Mutual Funds

0.05%

Retail

45.49%

Promoters

38.22%

Others

15.29%

FII

1.00%

Mutual Funds

0.00%

Resistance and Support

₹46.90

PIVOT

resistance-arrow
Resistance
First Resistance₹47.700
Second Resistance₹48.800
Third Resistance₹49.600
support-arrow
Support
First Resistance₹45.800
Second Resistance₹45.000
Third Resistance₹43.900
RSI46.528
MACD0.347
ADX29.713
CCI-77.913

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day1,643,405540,05432.86
Week2,332,851870,42841.84
1 Month3,567,9781,581,25346.00
6 Months2,714,4261,164,38442.90

About Morepen Laboratories Ltd

Morepen Laboratories Limited is an India-based pharmaceutical company. Its products include Loratadine, Montelukast Sodium, Atorvastatin Calcium and Sultamicillin. The company markets formulation products in various therapeutic categories, such as antibiotics, gastrointestinal, respiratory, analgesic, antiallergic and neuropsychiatry with brands, such as Saltum, Saltumax, Cefpopen, Cefpen-S, Dom-DT, Acifix, Rabipen- DSR and Montelast. It has new products added to the therapeutic categories, including Kilbac, Ducal D, Aclomore and Montelast-L. The company has three state-of-the-art manufacturing plants in the northern state of Himachal Pradesh (HP) in India. The main plant at Parwanoo is inspected and approved by United States Food and Drug Administration (USFDA) for production of Loratadine, which is the best selling anti-allergy drug globally. The company has developed a hi-tech Pharma complex at Morepen Village, Baddi (HP) on 60 acres of land that has various multipurpose pharma facilities for API & finished dosages and a Research Centre. The company was established in the year 1984. The company has filed 14 patents including 6 international PCT applications. The company has filed an international patent on a new amorphous form of the cholesterol-reducing drug Lipitor (Atorvastatin) that is the largest selling drug in the world. During the year 1991-1992, the company set up the new facilities for bulk manufacture of Cephalexin, 7 ADCA and CIMC Chloride at its existing location. During the year 1992-1993, the company started implementing its expansion plans for manufacture Cephalexin, 7ADCA, CIMC Chloride, Research and Development Block and Formulation unit. The company introduced two latest molecules, Ketrolac Tromethamine and Omeprazole. Also, the company also launched Loratadine and Cisapride. During the year 1993-1994, the company increased the installed capacity of Bulk Drugs from 162 MT to 245 MT. The company started the commercial production of Ketorolac Tromethamine, which is a potent analgesic. During the year 1994-1995, the company increased the installed capacity of Drugs & Drug Intermediates from 305 MT to 469 MT. During the year 1995-1996, the company successfully launched high value and high technology products namely, Cisapride & Loratadine. Also, the company launched herbal product namely Paclitaxel, an anti cancer drug. During the year 1996-1997, the company commissioned its own formulation unit, which gave a competitive edge to the company in terms of quality and cost efficiency. During the year 2000-2001, the company increased the installed capacity of Drugs & Drug Intermediates from 916 MT to 1170 MT. The company signed a joint venture with DiaMed AG of Switzerland, a proven international leader in blood group serology diagnostic products. Also, the company developed and launched wide range of contemporary, lifestyle oriented FMHG (Fast Moving Health Goods) Self Medication products. During the year 2001-2002, the company increased the installed capacity of Drugs & Drug Intermediates from 1170 MT to 1251 MT. Also, the company further increased installed capacity of Tablets / Capsules from 25080 Nos to 35000 Nos. During the year 2004-2005, the company developed the new polymorphic from V1 and field patent in 33 countries and in the same year, the company started finalizing marketing partner for filing ANDA's for the molecule. During the year 2005-2006, the company made 52 DMF filing across ten European countries for six products. Also, the company broadened its offering by introduced new product like Ducal, Rythmix, Montelast, Alcoflam, Levopen, Moezole, and Cefpen-S. During the year 2006-2007, the company improved its presence in the key market of South East Asia, Africa & Australia. During the year, the company acquired more than fifty new prospective customers in Korea, Japan, and Taiwan. During the year, the company started of OTC formulation under the umberalla brand 'Dr. Morepen'. During the year 2007-2008, the company made the tie ups with several new business segments. Marketing alliance with World leaders like lmmucor, USA (for immuunohematology system & consumables), Teco Medical Instruments, Germany (for coagulation system & consumables), InTec INC. (for ELISA Kits), Access Bio, USA (for Rapid Malaria Kits), helped the diagnostics division to make deeper inroads into both the consumer market and the blood bank and laboratory segment. In 2010, it launched Cardia Division for Diabetic and Cardiac products. In 2015, it started personal Grooming Division with brand GUBB USA. In 2019, it launched APIs for many anti-diabetic molecules. The Company launched 'IntebactImun' in boosting immunity of adults and kids in 2023. It started manufacturing two more products viz., Blood Pressure Monitors and Pregnancy Testing Kits in 2023.

Managing Director

Sushil Suri

Founded

1984

NSE Symbol

MOREPENLAB

Morepen Laboratories Ltd Management

NameDesignation
Sushil SuriChairman & Managing Director
Manoj JoshiNon-Exec. & Independent Dir.
Bhupender Raj WadhwaNon-Exec. & Independent Dir.
Sukhcharan singhNon-Exec. & Independent Dir.
Vipul Kumar SrivatavaCompany Sec. & Compli. Officer
Sanjay SuriWhole-time Director
Praveen Kumar DuttNon-Exec. & Independent Dir.
SavitaNon-Exec. & Independent Dir.

Morepen Laboratories Ltd News

Morepen Laboratories EGM scheduled
On 18 March 2024
Morepen Laboratories to convene board meeting
On 22 February 2024
Morepen Laboratories consolidated net profit rises 255.84% in the December 2023 quarter
Sales rise 27.57% to Rs 444.55 crore
Morepen Laboratories to conduct board meeting
On 31 January 2024
Morepen Laboratories consolidated net profit rises 34.47% in the September 2023 quarter
Sales rise 4.66% to Rs 421.77 crore
Morepen Laboratories to hold board meeting
On 2 November 2023
Morepen Laboratories to hold AGM
On 28 September 2023
Morepen Laboratories consolidated net profit rises 159.86% in the June 2023 quarter
Sales rise 32.62% to Rs 401.04 crore
Morepen Laboratories to conduct board meeting
On 5 August 2023
Morepen Laboratories to conduct board meeting
On 5 August 2023

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Morepen Laboratories Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Morepen Laboratories Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Morepen Laboratories Ltd's share price is ₹45.60 as of May 9, 2024

Morepen Laboratories Ltd's P/E ratio is 30.60 times as of May 9, 2024.

Morepen Laboratories Ltd's most recent financial reports indicate a price-to-book ratio of 2.95, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Morepen Laboratories Ltd's market is 2,331 Cr as on May 9, 2024.

The current financial records of Morepen Laboratories Ltd show a 6.73% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Morepen Laboratories Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Morepen Laboratories Ltd's 52-week high and low as of May 9, 2024 are ₹47.5 and ₹45.3 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Morepen Laboratories Ltd stands at 38.22%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 2.11% to 1.85%.