Mumbai, India : Medico Remedies Ltd. (NSE:
MEDICO), a leading pharmaceutical manufacturer specializing in tablets,
capsules, and injectables, has announced its strategic expansion into the
ointment production sector. This move is expected to drive significant growth,
making the company an attractive investment opportunity.
Strong Financial Performance & Investment Potential
Medico Remedies Ltd. has shown a robust financial trajectory,
with a current stock price of ₹50.50, a market capitalization of ₹488 crore,
and ROCE of 113.2%. The company’s ROE stands at an impressive 172%, making it a
lucrative choice for investors seeking high returns.
With seven manufacturing units operating under strict quality
control, Medico Remedies is poised for exponential growth, leveraging its
extensive product range and strong distribution network across multiple
countries.
Strategic Expansion & Market Growth
Medico Remedies Ltd. is recognized for its high-quality,
WHO-GMP-certified pharmaceutical products catering to both domestic and
international markets. With a strong foothold in antibiotics, analgesics,
anti-ulceratives, anti-inflammatory drugs, and more, the company is now
diversifying its portfolio with ointment manufacturing.
The company has set up state-of-the-art facilities adhering
to stringent international standards, including approvals from WHO GMP, ISO
9001:2015, and regulatory bodies like US FDA and European health authorities.
This expansion aligns with Medico Remedies’ commitment to providing innovative
healthcare solutions and strengthening its global presence.
Management Expertise & Vision
Led by Mr. Haresh Mehta, CEO & CFO, Medico Remedies has
built a reputation for delivering top-quality pharmaceutical solutions. Mr.
Mehta emphasizes the company’s mission to expand into high-demand therapeutic
segments, ensuring sustained growth and profitability. Mr. Harshit Mehta,
Director, highlights the company’s commitment to developing a diverse product
range that meets global healthcare needs.
Investor Outlook
With its strategic expansion, financial strength, and growing
market demand, Medico Remedies Ltd. is set to become a key player in the
ointment production sector. Industry experts anticipate that the company’s new
venture will generate substantial investor interest, providing medium-term
returns with strong upside potential.
About Medico Remedies Ltd.
Founded with a vision to enhance global healthcare, Medico
Remedies Ltd. manufactures a diverse range of pharmaceutical products,
including antibiotics, analgesics, cardiovascular drugs, and now ointments. The
company exports to multiple countries and continues to expand its footprint in
regulated markets with high-quality, cost-effective healthcare solutions.