Medico Remedies Ltd Share Price – NSE  / BSE

Pharmaceuticals, Small Cap

Medico Remedies has secured government supply order for USD 1.9 million to supply to Dominican Republic (PROMESE/CAL). PROMESE/CAL (Programa de Medicamentos Esenciales y Central de Log?stica) is the program responsible for the centralized purchase and distribution of essential medicines for the public health sector, including pharmaceuticals in Dominican Republic. Medico Remedies has won the order to supply tablets, capsules and dry syrups to PROMESE/CAL and will complete the supply of the full order within 3 months.

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The company will supply tablets, capsules, and dry syrups, with the completion expected within three months.

Medico Remedies is principally engaged in the pharmaceutical business.

The company's net profit climbed 80.7% to Rs 2.62 crore on a 32.7% rise in net sales to Rs 39.49 crore in Q3 FY25 over Q3 FY24.

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Swelect Energy Systems Ltd, Khandwala Securities Ltd, Asian Energy Services Ltd and Century Enka Ltd are among the other losers in the BSE's 'B' group today, 27 February 2025.

Medico Remedies Ltd tumbled 19.99% to Rs 50.7 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 3.28 lakh shares were traded on the counter so far as against the average daily volumes of 1.71 lakh shares in the past one month.

Swelect Energy Systems Ltd crashed 18.35% to Rs 515.05. The stock was the second biggest loser in 'B' group.On the BSE, 34630 shares were traded on the counter so far as against the average daily volumes of 4731 shares in the past one month.

Khandwala Securities Ltd lost 13.62% to Rs 20.3. The stock was the third biggest loser in 'B' group.On the BSE, 500 shares were traded on the counter so far as against the average daily volumes of 1406 shares in the past one month.

Asian Energy Services Ltd fell 10.21% to Rs 244.5. The stock was the fourth biggest loser in 'B' group.On the BSE, 17074 shares were traded on the counter so far as against the average daily volumes of 10331 shares in the past one month.

Century Enka Ltd dropped 9.75% to Rs 537.85. The stock was the fifth biggest loser in 'B' group.On the BSE, 6371 shares were traded on the counter so far as against the average daily volumes of 3848 shares in the past one month.

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Net profit of Medico Remedies rose 80.69% to Rs 2.62 crore in the quarter ended December 2024 as against Rs 1.45 crore during the previous quarter ended December 2023. Sales rose 32.65% to Rs 39.49 crore in the quarter ended December 2024 as against Rs 29.77 crore during the previous quarter ended December 2023.

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