Indoco Remedies BSE Code:532612 Volume:2787 CMP: Rs.269.65
Indoco Remedies, which is in the manufacturing as well as marketing of formulation and active pharmaceuticals ingredients in India, is expected to witness some upward movements.
It also has research and development activities, where it has invested a huge amount for capacity expansion. The company has also recently acquired one herbal products company, where the growth is expected to be good.
The past financial performance has been good and posted good quarterly growth. The scrip has received renewed interest and is trading at a high volume. The recent decline in the price has made it more lucrative.
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