MEDICO · Health Care · 2026-08-07

Medico Remedies Ltd

Stage 4 · wk 4In scan: Breakout WatchMARKET: BULL TOPPING · 2026-08-07
₹47
-1.55% today
₹390 Cr · Micro cap
About this companyHealth Care· Pharmaceuticals
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Medico Remedies Limited develops, manufactures, and sells pharmaceutical and nutraceutical products in India. The company offers antibiotics and anti-infectives; beta-lactams-penicillins and cephalosporins; antifungals; vitamins and supplements; cardiovascular products; antipyretic, analgesic, and NSAIDs medicines; antacid and anti-ulcer drugs; antidepressants, antipsychotics, and anti-epileptics; antimalarials; dry syrups; ointments and creams; anti-diabetics; syrups; and miscellaneous products, as well as diuretics, antireterovirals, and steroidal preparations. It also exports its products. The company was incorporated in 1994 and is based in Mumbai, India.

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P/E (TTM)
35.0
Forward —
Earnings Growth (YoY)
+36.5%
Revenue +37.5%
ROE
+19.0%
Profit margin +6.4%
vs 52W High
-13.4%
₹32.8 lo₹54.2 hi
13.4% below 52W high — failed near resistance
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 4
1w13w26w
Week 4 — early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
3.5%
200 DMA: ₹45.4 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
1.49x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↑ ⇈
Accelerating · MA20 +9.1% vs MA50 -1.3% / 10d
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Health Care
↑ Building
Stage 2%
51.6%
20d Δ
+1.6pp
1M return
+3.1%
3M return
+11.6%
Sector Stage-2 % · last 20 days
Sector has 79 Stage 2 leaders. See Health Care Stage 2 →
Industry
Pharmaceuticals
→ Flat
Stage 2%
50.5%
20d Δ
+0.5pp
1M return
+1.9%
3M return
+11.7%
Industry Stage-2 % · last 20 days
Industry has 53 Stage 2 leaders. See Pharmaceuticals Stage 2 →
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-15 → 2026-08-07
S3 16w
S4 21w
S2 17w
S4 17w
2023-05-152026-08-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 6w → S3 16w → S4 6w → S1 4w → S2 12w → S3 2w → S4 21w → S1 13w → S2 17w → S3 9w → S4 17w → S1 9w → S2 7w → S3 8w → S4 10w → S1 7w → S4 3w current
Total tracked: 168 weeks across 17 stage runs.
1M
+20.2%
3M
+12.2%
6M
-3.1%
YTD
-10.5%
1Y
+13.8%
Scan Membership
Breakout Watch
Latest: 2025-12-02
2 appearances in last 60 days. First seen: 2024-11-26.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-08-07S4
Wk 4 · Vol —x
2026-08-06S4
Wk 3 · Vol —x
2026-08-05S4
Wk 3 · Vol —x
2026-08-04S4
Wk 3 · Vol —x
2026-08-03S4
Wk 3 · Vol —x
2026-07-31S4
Wk 3 · Vol —x
2026-07-30S4
Wk 2 · Vol —x
2026-07-29S4
Wk 2 · Vol —x
2026-07-28S4
Wk 2 · Vol —x
2026-07-27S4
Wk 2 · Vol —x
2026-07-24S4
Wk 2 · Vol —x
2026-07-23S4
Wk 1 · Vol —x
Sector Peers — Stage 2All →
DIVISLAB
wk 12 · -3.6% from hi
8.5
LAURUSLABS
wk 16 · -0.3% from hi
8.4
PPLPHARMA
wk 4 · 0.0% from hi
8.2
LALPATHLAB
wk 9 · 0.0% from hi
7.9
SHILPAMED
wk 13 · 0.0% from hi
7.8
Moving averages & range
50 DMA
₹42.5
200 DMA
₹45.4
52W High
₹54.2
52W Low
₹32.8
5D Low
₹47
Resistance levels (recent highs)
20d High
₹49.7
60d High
₹49.7
120d High
₹49.7
250d High
₹54.2
Next resistance
+5.7%
to 20d High

All analytics based on EOD data. Data as of 2026-08-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.