Is morepen share a good buy?
Morepen Laboratories Limited (NSE: MOREPENLAB) As on 5th Jul 2022 MOREPENLAB Share Price closed @ 36.95 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 49.13 & Strong Sell for SHORT-TERM with Stoploss of 41.53 we also expect STOCK to react on Following IMPORTANT LEVELS.
What is the future of Morepen Lab share?
Morepen Laboratories Ltd. quote is equal to 36.850 INR at 2022-07-07. Based on our forecasts, a long-term increase is expected, the “Morepen Laboratories Ltd” stock price prognosis for 2027-07-02 is 97.060 INR. With a 5-year investment, the revenue is expected to be around +163.39%.
Is Morepen Laboratories a multibagger?
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.
Is morepen a good company?
Morepen Laboratories is rated 3.7 out of 5, based on 241 reviews by employees on AmbitionBox. Morepen Laboratories is known for Work-Life balance which is rated at the top and given a rating of 3.6. However, Career growth is rated the lowest at 3.3 and can be improved.
Is morepen in ASM list?
Total 81 companies including Kiri Industries, Adani Green Energy, Apex Frozen Foods, Bombay Dyeing & Manufacturing Company, Den Networks, Global Spirits, GM Breweries and Morepen Laboratories have been excluded from the ASM with effect from today.
Why morepen lab is going down?
Shares of pharmaceuticals firm Morepen Laboratories Ltd. crashed on Wednesday after the Securities and Exchange Board of India found the firm guilty of misleading investors in a 16-year-old case and barred it from accessing the capital market for a year.
What does morepen labs do?
Morepen Laboratories Limited is an India-based pharmaceutical company. Its products include Loratadine Montelukast Sodium Atorvastatin Calcium and Sultamicillin.
Is Dr Morepen Chinese company?
When a share comes out of ASM?
On the fulfilment of the following criteria, a share is out on the ASM list. If the high-low price variation is 200 per cent or more within the last three months and if the concentration of top 25 clients in the last three months has been 30 per cent or more.
What is Stage 4 ASM list?
Stage 4 is the final stage in the ASM List. The settlement in this stage is on a gross basis with a 100% margin on all clients and a 5% price band.
Why is morepen rising?
NEW DELHI: Morepen Laboratories 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.
Is Dr morepen a Chinese company?
Is Dr Morepen a Chinese company?
What is the stock price prediction for Morepen Laboratories Limited (morepenlab)?
Morepen Laboratories Limited quote is equal to 57.550 INR at 2022-01-07. Based on our forecasts, a long-term increase is expected, the “MOREPENLAB” stock price prognosis for 2027-01-01 is 113.553 INR. With a 5-year investment, the revenue is expected to be around +97.31%.
What is Morepen share price forecast&targets for intra day?
Morepen Laboratories MOREPENLAB share price forecast & targets for Intra Day are 44.8, 45.75, 43.85 on the downside, and 49.65, 50.6, 53.55 on the upside. These intraday share price levels are calculated using pivot point calculations and valid only for tomorrow’s session on a 5-15 minute chart.
What is the’morepenlab’stock price prediction for 2027-01-01?
Morepen Laboratories Limited quote is equal to 57.550 INR at 2022-01-07. Based on our forecasts, a long-term increase is expected, the “MOREPENLAB” stock price prognosis for 2027-01-01 is 113.553 INR.
What are the top 3 News that are expected from Morepen?
Top 3 news that are expected- 1. CE certification on its diagnostics devices which would enable morepen to export devices to European, African markets with better margins 2. Fund raising from a private equity investment partner 3. Preferent… You will now receive notification when someone reply to this message.