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What does Morepen Laboratories Ltd do?

What does Morepen Laboratories Ltd do?

Morepen Laboratories Limited is an India-based pharmaceutical company. Its products include Loratadine Montelukast Sodium Atorvastatin Calcium and Sultamicillin. The company has three state-of-the-art manufacturing plants in the northern state of Himachal Pradesh (HP) in India.

Who owns morepen lab?

PREMARKET

Management
Savita Independent Director
Sukhcharan Singh Independent Director
Sushil Suri Chairman & Managing Director
Vipul Kumar Srivastava Co. Secretary & Compl. Officer

Why is morepen lab falling?

Share price of Morepen Laboratories fell over 17% intraday on Wednesday, after market regulator barred Morepen Laboratories from the capital market for one year for making misleading disclosure about the issuance of global depository receipts (GDRs). Later, the stock fell 17.24% to the intraday low of Rs 18.

Why is morepen rising?

on Thursday gained for the second straight session after its board approved raising of Rs 433 crore through issue of preferential shares to Switzerland’s private venture capital firm Corinth Investment Holdings and promoter group firm Liquid Holdings.

What is morepen medicine used for?

Fluconazole (150 mg) (Morepen) is an antifungal agent, prescribed for vaginal candidiasis, pneumonia, meningitis and fungal infections of the mouth, throat, liver, kidneys, heart, urinary tract and abdomen. It works by slowing the growth of fungi that cause infection.

Should I sell morepen lab?

Morepen Laboratories Limited (NSE: MOREPENLAB) As on 18th Nov 2021 MOREPENLAB Share Price closed @ 47.65 and we RECOMMEND Sell for LONG-TERM with Stoploss of 48.18 & Strong Sell for SHORT-TERM with Stoploss of 54.07 we also expect STOCK to react on Following IMPORTANT LEVELS.

Is morepen debt free?

Morepen Laboratories has a low net debt to EBITDA ratio of only 0.90. And its EBIT covers its interest expense a whopping 56.1 times over.

Is morepen labs a multibagger?

Read more news on Pharma smallcap Morepen Laboratories has been thumping rock and roll over the past few weeks; it delivered multibagger returns for last financial year, and has already delivered over 125 per cent return for this financial year so far, up from Rs 32 on April 1.

Which is better AccuSure or Dr Morepen?

The faster the measuring device, the better is its rating. AccuSure and Omron (26 seconds) won the measuring duration race; Dr. Morepen finished last. However, the readings generally keep fluctuating – showing variations in reading – and should become stable at one digit in order to give the exact result.

Is Dr Morepen BP machine accurate?

1. Is Dr Morepen Bp monitor accurate? Ans. Yes, Dr Morepen is a verified brand and its smart inflation and irregular heartbeat detection make testing more accurate.

What is the market cap of Morepen laboratories?

MF Ownership details are not available. Morepen Laboratories Ltd., incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 2,507.78 Crore) operating in Pharmaceuticals sector.

What is the debt to equity ratio of Morepen laboratories?

Morepen Laboratories has a Debt to Equity ratio of 0.43 , which is a strong indication for the company. EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company.

How many countries does Morepen have products in?

With a strong global presence, Morepen exports to over 75 countries with certifications from all major regulatory authorities like USFDA, WHO GMP, EU GMP. Our domestic products under the brand name, Dr. Morepen and Gubb world have a huge range of healthcare, grooming and OTC products trusted by over 100 million consumers.

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Ruth Doyle