Traded @ BSE (500288)
Target : 40+
Morepen Laboratories Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 1277.51 Cr.) operating in Pharmaceuticals and health care sector. Morepen Laboratories Ltd. key Products/Revenue Segments include API Chemicals which contributed Rs 216.06 Cr to Sales Value (58.35% of Total Sales), Tablets which contributed Rs 52.30 Cr to Sales Value (14.12% of Total Sales), Home Care which contributed Rs 51.31 Cr to Sales Value (13.85% of Total Sales), Syrups which contributed Rs 14.47 Cr to Sales Value (3.90% of Total Sales), Other Operating Revenue which contributed Rs 12.00 Cr to Sales Value (3.24% of Total Sales), Others which contributed Rs 10.88 Cr to Sales Value (2.93% of Total Sales), Capsules which contributed Rs 9.57 Cr to Sales Value (2.58% of Total Sales), Export Incentives which contributed Rs 3.67 Cr to Sales Value (0.99% of Total Sales), for the year ending 31-Mar-2015.
For the quarter ended 30-Sep-2015, the company has reported a Standalone sales of Rs. 108.92 Cr., up 9.72% from last quarter Sales of Rs. 99.
Morepen Lab is Turnaround Story
You must, grab this Hotty @ Opening Bell....
It'll Rocks for Sure..........!!!
PURE SANTA Gift for your New Year Party
It'll ROCKS, Like AnythingNo If : No But..........Buy @ 31.30 - 31.50
Today's Target : 34.50 - 35+
Ultimate Target : 40+
SL : 25
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