Morepen Laboratories Limited (BOM:500288)

India flag India · Delayed Price · Currency is INR
52.29
+0.07 (0.13%)
At close: Apr 17, 2025
1.12%
Market Cap 34.08B
Revenue (ttm) 17.84B
Net Income (ttm) 1.26B
Shares Out 547.95M
EPS (ttm) 2.40
PE Ratio 25.91
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 277,173
Average Volume 525,376
Open 52.32
Previous Close 52.22
Day's Range 52.00 - 53.12
52-Week Range 41.66 - 100.80
Beta 1.45
RSI 71.98
Earnings Date May 5, 2025

About Morepen Laboratories

Morepen Laboratories Limited develops, manufactures, markets, and sells active pharmaceutical ingredients (APIs), formulations, and home health products in India, the United States, and internationally. The company offers APIs for anti-histaminic, anti-asthmatic, anti-lipemic, anti-hypertensive, anti-diabetic, anti-coagulant, anti-ulcerative, and anti-depressant drugs; and home diagnostic products, such as air purifiers, sphygmomanometer, blood glucose test strips, blood pressure monitors, breathe free vaporizers, stethoscopes, digital thermome... [Read more]

Industry Pharmaceutical Preparations
Founded 1984
Employees 2,152
Stock Exchange Bombay Stock Exchange
Ticker Symbol 500288
Full Company Profile

Financial Performance

In 2023, Morepen Laboratories's revenue was 17.02 billion, an increase of 19.68% compared to the previous year's 14.22 billion. Earnings were 961.60 million, an increase of 148.63%.

Financial Statements

News

Morepen Laboratories shares rise 2% after China approves Loratadine API

Shares of Morepen Laboratories Ltd climbed over 2% to ₹48.81 in Monday’s trade after the company secured a major regulatory milestone. The Center for Drug Evaluation (CDE) under China’s National Medic...

23 days ago - Business Upturn

Morepen Laboratories secures CDE China approval for Loratadine API, expanding global reach

Morepen Laboratories Limited, a global leader in Active Pharmaceutical Ingredient (API) manufacturing, has received approval from the Center for Drug Evaluation (CDE) of China’s National Medical Produ...

23 days ago - Business Upturn

Morepen Laboratories secures Rs 25 crore term loan from Shinhan Bank for business expansion

Morepen Laboratories Limited announced on Saturday, March 29, 2025, that it has entered into a loan agreement with Shinhan Bank for a term loan facility of Rs 25 crore. The company confirmed that the ...

26 days ago - Business Upturn

Morepen Laboratories ventures into online retail pharmacy sector with new step-down subsidiary

Morepen Laboratories Limited has announced its entry into the online retail pharmacy sector with the formation of a step-down subsidiary, Quick Med Private Limited. The company informed the stock exch...

2 months ago - Business Upturn

Morepen Laboratories to establish a new subsidiary for medical devices, acquires 80% stake

Morepen Laboratories Limited has announced the incorporation of a new subsidiary to enhance its capabilities and expand its business operations. The company will hold an 80% equity stake in the new en...

4 months ago - Business Upturn

Morepen Laboratories Ltd (BOM:500288) Q2 2025 Earnings Call Highlights: Strong Profit Growth ...

Morepen Laboratories Ltd (BOM:500288) Q2 2025 Earnings Call Highlights: Strong Profit Growth and Strategic Expansion

5 months ago - GuruFocus

Morepen Labs shares surge 21% in last one week

Morepen Laboratories Ltd., a pharmaceutical company, has seen its share price increase by 21% over the last week. As of 12:08 PM on August 26, 2024, the stock is trading at ₹84.14 on the NSE, up 5.03%...

8 months ago - Business Upturn