Morepen Lab Share Price Target
About Morepen Lab :
Morepen Laboratories Ltd. was incorporated in the year 1984. Its today’s share price is 50.9. Its current market capitalisation stands at Rs 2300.86 Cr. In the latest quarter, company has reported Gross Sales of Rs. 11124.23 Cr and Total Income of Rs.11241.97 Cr. The company’s management includes Vipul Kumar Srivastava, Anju Suri, Savita, Praveen Kumar Dutt, Sukhcharan Singh, Bhupender Raj Wadhwa, Manoj Joshi, Sanjay Suri, Arun Sinha, Sushil Suri, Sushil Suri.
About Morepen Lab Share :
- Morepen Laboratories Ltd., incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 2,323.35 Crore) operating in Pharmaceuticals sector.
- Morepen Laboratories Ltd. key Products/Revenue Segments include API and Intermediates, Home Care, Formulations, Export Incentives for the year ending 31-Mar-2020.
- For the quarter ended 30-06-2021, the company has reported a Consolidated Total Income of Rs 388.31 Crore, up 33.55 % from last quarter Total Income of Rs 290.76 Crore and up 49.94 % from last year same quarter Total Income of Rs 258.97 Crore.
- Company has reported net profit after tax of Rs 30.47 Crore in latest quarter.
- The company’s top management includes Mr.Sushil Suri, Dr.Arun Kumar Sinha, Mr.Sanjay Suri, Mr.Manoj Joshi, Mr.Bhupender Raj Wadhwa, Mr.Sukhcharan Singh, Mrs.Savita, Mrs.Anju Suri. Company has Satinder Goyal & Co.
Morepen Lab Share Price Target 2021 Q4
- November 2021 – 51.15 Rs
- December 2021 – 50.20 Rs
Morepen Lab share price target 2022
- 2022 Jan – 50.35 Rs
- 2022 Feb – 49.36 Rs
- 2022 Mar – 43.39 Rs
- 2022 Apr – 42.71 Rs
- 2022 May – 41.10 Rs
- 2022 Jun – 43.95 Rs
- 2022 Jul – 45.90 Rs
- 2022 Aug – 49.95 Rs
- 2022 Sep – 52.99 Rs
- 2022 Oct – 55.50 Rs
- 2022 Nov – 54.55 Rs
- 2022 Dec – 53.65 Rs
Morepen Lab Share price target 2023 – 59.25 Rs
Morepen Lab Share price target 2024 – 67.15 Rs
Morepen Lab Share price target 2025 – 81.50 Rs
Morepen Lab Share price target 2026 – 103.30 Rs
Morepen Lab Share price target 2027 – 125.35 Rs
Morepen Lab Share price target 2028 – 136.20 Rs
Morepen Lab Share price target 2029 – 151.80 Rs
Morepen Lab Share price target 2030 – 168.00 Rs
Today I will predict the share price target of Morepen Lab for 2022, 2025 and 2030. Morepen Lab share latest price is 53.20 INR. And the Morepen Laboratories Limited share has given a negative return of about -43.94% since the time it was listed in the stock market.
Morepen Laboratories Limited There is no significant increase in the income of the company, but the expenses of the company are increasing and the profit is less.
Total Assets Morepen Lab in 2021 : 663.46
Total Liabilities : 379.87
So Morepen Lab still has more assets than debt and this is a good sign. The company has been there for the last one year but still there is a correction in the share price.
So I want to make it clear that Morepen Lab is not a good investment. Instead you can invest in any other stock. Morepen Lab Is a risky stock.
Target of Morepen Lab share in 2022
Latest price of Morepen Lab is 53.20 INR. And the share price of Morepen Lab can reach 60 INR in 2022.
Target of Morepen Lab share in 2025
Target for Morepen Lab share at the end of 2025 is 70 INR. It is useless to have high expectations from the Morepen Lab stock.
You should invest in such stocks which are fundamentally strong and in which you can invest for long term.