Morepen Laboratories Limited is an Indian pharmaceutical company. Its products include Loratadine, Montelukast Sodium, Atorvastatin Calcium, and Sultamicillin. The company markets its formulated products in various therapeutic categories such as antibiotics, gastrointestinal, respiratory, analgesics, antiallergy, and neuropsychiatry under the brand names Saltum, Saltumax, Cefpopen, Cefpen-S, Dom-DT, Acifix, Rabipen-DSR, and Montelast. The company has added new products in therapeutic categories including Kilbac, Ducal D, Aclomore, and Montelast-L. The company has three state-of-the-art manufacturing facilities in Himachal Pradesh (HP), North India.
Top-Notch Marketing Agencies: Social Media Marketing
The company is the global leader in loratadine (140 tons) and has become one of the largest suppliers of the anti-asthma drug montelukast sodium (85 tons). It is the main enterprise in the commercial production of atorvastatin calcium (120 tons), anti-hypercholesterol series rosuvastatin calcium, anti-histamine series fexofenadine hydrochloride, anti-hypertension series olmesartan and their intermediates.
PROS
The company has almost no debt
CONS
Despite reporting profits on several occasions, the company does not pay dividends.
The company's return on equity over the past three years is low at 12.3%.
The stock stands at its near-weekly breakout. If it breaks its resistance it may go to its next target. The current price is 55.71 INR. Stock goes through its continuously uptrend movement. Share makes the cup and handle pattern as well. Even this stock is fundamentally strong and almost deft-free. The price will go above 100 INR in the upcoming days.
For Expert Marketing Support: Digital Marketing Agency in Naroda Ahmedabad