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India's MedPlus Health reports 18% rise in Q1 profit on retail demand India's MedPlus Health Services reported a 18.3% rise in first-quarter profit on Monday as increased presence of the pharmacy helped drive its retail sales. The company's consolidated net profit rose to 37.9 million rupees ($458,277.41) in the three months ended June 30, from 32 million rupees, a year earlier. MedPlus Health was benefited from the increased accessibility of its pharmacies through online channels and retail stores in the country. Its revenue rose 29.2% to 12.8...
India's MedPlus Health reports 18% rise in Q1 profit on retail demand
India's MedPlus Health reports 18% rise in Q1 profit on retail demand
Source: Reuters
7/08/2023 8:00:35 PM
MedPlus Health Services inches up on the BSE Medplus Health Services is currently trading at Rs. 810.00, up by 2.00 points or 0.25% from its previous closing of Rs. 808.00 on the BSE. The scrip opened at Rs. 815.00 and has touched a high and low of Rs. 818.15 and Rs. 810.00 respectively. So far 620 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 864.65 on 29-May-2023 and a 52 week low of Rs. 570.00 on 10-Nov-2022. Last one week high and low of the scrip st...
MedPlus Health Services inches up on the BSE
MedPlus Health Services inches up on the BSE
Source: Accord Fintech
22/06/2023 10:03:40 AM
Value of promoter holding in BSE-500 stocks decline to 1.5% in June quarter: Kotak report The value of promoter pledge holding as a percentage of promoter holding declined to 1.5 per cent in the April-June quarter from 1.7 per cent in the previous quarter, according to the Kotak Institutional Equities report. Promoters of 81 companies in the BSE-500 Index have pledged part of their holdings in the June 2022 quarter. Only three companies had more than 80 per cent of their promoter holdings pledged. These companies are Thyrocare Technologies, Max Financial Services and Suzlon ...
Value of promoter holding in BSE-500 stocks decline to 1.5% in June quarter: Kotak report
Value of promoter holding in BSE-500 stocks decline to 1.5% in June quarter: Kotak report
Source: IANS
21/08/2022 9:32:23 AM
Five newly-listed firms with good long-term prospects  Clean Science and Technology, Data Patterns (India), Heranba Industries, Latent View Analytics, Medplus Health Services are the top five recently-listed stocks which have good long-term growth potential, said brokerage house Religare Broking. The brokerage house sees 25-31 per cent upside in these stocks. Clean Science and Technology is one of the specialty chemical companies which has a strong presence in global markets and it focuses entirely on developing newer technologies whi...
Five newly-listed firms with good long-term prospects
Five newly-listed firms with good long-term prospects
Source: IANS
28/03/2022 8:41:04 PM
Post Listing Comment on Medplus IPO By Mr. Santosh Meena, Swastika Investmart Ltd Below is the Post Listing Comment on Medplus IPO by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd The IPO was subscribed 52 times and debuted at Rs 1040 per share as opposed to the issue price of Rs 796, a 30% premium. Long-term investors should hold the stock and it might turn into a wealth creator in the next 2-3 years, however, short-term investors are advised to keep an SL of Rs 875. MedPlus has an omnichannel platform and is the second-largest pharmacy ...
Post Listing Comment on Medplus IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Post Listing Comment on Medplus IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
24/12/2021 11:39:51 AM
Quote on Book profit in Medplus Health Services Limited IPO By Yash Gupta, Angel One Ltd Below is quote on Book profit in Medplus Health Services Limited IPO By Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd    We recommend to book profit in Medplus Health Services Limited IPO. Based on H1FY2022 numbers, the company is trading at EV/EBITDA of 37 times and price to sale of  3.4 times. We believe that all the short term positive has been priced in. Hence we recommend to book profit in Medplus Health Se...
Quote on Book profit in Medplus Health Services Limited IPO By Yash Gupta, Angel One Ltd
Quote on Book profit in Medplus Health Services Limited IPO By Yash Gupta, Angel One Ltd
Source: Angel One Ltd
23/12/2021 11:51:38 AM
Quote on Medplus Health Services Limited IPO last day for subscription, what’s expected listing gains? By Yash Gupta, Angel One Ltd Below is quote on Medplus Health Services Limited IPO last day for subscription, what’s expected listing gains? By Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd    Medplus Health Services Limited IPO fully subscribe on day 2 itself and now overall IPO subscribed 1.81 times. Company is receiving good response from retail investors as retail investor portion subscribed by 3.04 times. As per market reports Grey Market Premium (G...
Quote on Medplus Health Services Limited IPO last day for subscription, what’s expected listing gains? By Yash Gupta, Angel One Ltd
Quote on Medplus Health Services Limited IPO last day for subscription, what’s expected listing gains? By Yash Gupta, Angel One Ltd
Source: Angel One Ltd
15/12/2021 12:38:37 PM
Quote on Medplus Health Services Limited IPO fully subscribe, should investor apply for listing gains By Yash Gupta, Angel One Ltd Below is quote on Medplus Health Services Limited IPO fully subscribe, should investor apply for listing gains By Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd    Medplus Health Services Limited IPO fully subscribe on day 2, overall IPO subscribed 1.01 times. The company is receiving a good response from retail investors as the retail investor portion subscribed by 1.87 times, while Qualified Institutional Buyer (QIB) and Non ...
Quote on Medplus Health Services Limited IPO fully subscribe, should investor apply for listing gains By Yash Gupta, Angel One Ltd
Quote on Medplus Health Services Limited IPO fully subscribe, should investor apply for listing gains By Yash Gupta, Angel One Ltd
Source: Angel One Ltd
14/12/2021 2:44:00 PM
Quote on Medplus Health Services Limited- Should investors apply for the IPO By Mr. Yash Gupta, Angel One Ltd Below is quote on Medplus Health Services Limited- Should investors apply for the IPO By Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd    Medplus Health Services Limited IPO opens today, with an issue price of ₹780-₹796 and a bid lot of 18 shares and thereafter. IPO will be open for subscription till 15th December 2021 and the expected date of listing is 23rd December 2021. We have a Subscribe rating on Medplus Health Ser...
Quote on Medplus Health Services Limited- Should investors apply for the IPO By Mr. Yash Gupta, Angel One Ltd
Quote on Medplus Health Services Limited- Should investors apply for the IPO By Mr. Yash Gupta, Angel One Ltd
Source: Angel One Ltd
13/12/2021 12:36:56 PM
IPO Note - Medplus Health Service Ltd By Nirmal Bang BACKGROUND Company Overview Medplus Health Service Ltd. (Medplus) is the second largest pharmacy retailer in India, in terms of +(i) revenue from operations for the FY21, and (ii) number of stores as of March 31, 2021. The company offers a wide range of products, including (i) pharmaceutical and wellness products, medicines, vitamins, medical devices and test kits, and (ii) fast-moving consumer goods, such as home and personal care products, including toiletries, baby care products, soa...
IPO Note - Medplus Health Service Ltd By Nirmal Bang
IPO Note - Medplus Health Service Ltd By Nirmal Bang
Source: Nirmal Bang Ltd
13/12/2021 12:30:40 PM
IPO Note - Medplus Health Services Ltd By Geojit Financial A fast KEY CHANGES -growing pharmacy retailer Medplus Health Services Ltd (MHSL), incorporated on November 30, 2006 at Hyderabad, is the India’s second largest pharmacy retailer with network of over 2,000 stores distributed across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra. MHSL offers a wide range of products comprising pharmaceutical and wellness products (medicines, vitamins, medical devices, and test kits) and fast-moving consumer goods...
IPO Note - Medplus Health Services Ltd By Geojit Financial
IPO Note - Medplus Health Services Ltd By Geojit Financial
Source: Geojit Financial Services Ltd
13/12/2021 12:25:39 PM
IPO Note - Medplus Health Services Limited By Angel One Medplus Health Services Limited was incorporated in November 2006 by Gangadi Madhukar Reddy with other promoters. Medplus is the second largest pharmacy retailer in India, in terms of the number of stores as of March 31, 2021, and in terms of revenue from the operation. Medplus offers a wide range of pharmaceutical products and fast-moving consumer goods (FMGC), such as medicines, vitamins, medical devices, home, and personal care products, etc.   Positives (a) Medplus is the secon...
IPO Note - Medplus Health Services Limited By Angel One
IPO Note - Medplus Health Services Limited By Angel One
Source: Angel One Ltd
11/12/2021 5:16:13 PM
IPO Review - Medplus Health Services Ltd By ICICI Direct Omni-channel focused established retail pharmacy… About the Company: Medplus operates India’s 2nd largest pharmacy retail network of 2,326 stores distributed across Tamil Nadu (475), Andhra Pradesh (297), Telangana (474), Karnataka (546), Odisha (89), West Bengal (224) and Maharashtra (221). * FY21 Revenue Breakup – Branded pharmaceutical: 76.8%, Private label pharmaceutical: 5.6%, Branded FMCG: 12.9%, Private label FMCG: 4.8% * Average revenue per store (FY21): ₹ ...
IPO Review - Medplus Health Services Ltd By ICICI Direct
IPO Review - Medplus Health Services Ltd By ICICI Direct
Source: ICICI Direct
11/12/2021 11:08:22 AM
IPO Report - Medplus Health Services Ltd By Swastika Investmart Incorporated in 2006, Medplus Health Services is India's second-largest pharmacy retailer in terms of the number of stores and revenue. The company offers pharmaceutical and wellness products i.e. medicines, vitamins, medical devices, test kits, and fast-moving consumer goods i.e. home and personal care products, baby care products, sanitizers, soaps, and detergents, etc. It is also the first pharmacy retailer in India to offer an omnichannel platform wherein customers can purchase produc...
IPO Report - Medplus Health Services Ltd By Swastika Investmart
IPO Report - Medplus Health Services Ltd By Swastika Investmart
Source: Swastika Investmart Ltd
10/12/2021 4:31:27 PM
IPO Note - Medplus Health Services Ltd By Religare Broking Ltd Medplus Health Services Ltd. About the Company Medplus Health Services Ltd is the second-largest pharmacy retailer in India, in terms of revenue from operations and number of stores as of FY21. They offer a wide range of products, including (i) pharmaceutical and wellness products including medicines, vitamins, medical devices and test kits, and (ii) fast-moving consumer goods such as home and personal care products including toiletries, baby care products, soaps and detergents, and san...
IPO Note - Medplus Health Services Ltd By Religare Broking Ltd
IPO Note - Medplus Health Services Ltd By Religare Broking Ltd
Source: Religare Broking Ltd
10/12/2021 1:45:37 PM