Medico Remedies Ltd Share Price

MOMENTUM MANTRA DAILY RUN-UP 📅 06 August 2026

MOMENTUM MANTRA DAILY RUN-UP 📅 06 August 2026 Opening View Indian markets are likely to open on a positive note, with GIFT Nifty trading near 24,723, up 74.80 points (+0.30%). Supportive global cues and sustained buying interest may keep sentiment positive, while the 24,700–24,800 zone will remain the immediate resistance area to watch. 📈 📈 Market Recap Indian equity benchmarks ended marginally higher in a volatile session after the RBI kept the repo rate unchanged at 5.25% and maintained its neutral policy stance, in line with expectations. However, higher crude oil prices amid renewed geopolitical tensions limited the market's gains. 📈 Nifty Key Levels ▪️ Support: 24,430 | 24,350 ▪️ Resistance: 24,650 | 24,780 💰 FII/DII Flow ▪️ FII: -₹943.42 crore ▪️ DII: +₹2,883.17 crore 📊 Options Positioning ▪️ PCR: 0.91 (Neutral to Slightly Bullish) – Put and Call OI remain relatively balanced, indicating a mildly positive near-term bias. ▪️ Resistance: 24,700–24,800 zone, with the highest Call OI concentration at 24,700, followed by 24,800 and 25,000. ▪️ Support: 24,600–24,500 zone, backed by strong Put OI buildup, with the highest Put OI at 24,600, followed by 24,500 and 24,400. ▪️ Max Pain: 24,550 – Suggests Nifty may gravitate around this level ahead of the weekly expiry. ▪️ Interpretation: PCR at 0.91 indicates a neutral to slightly bullish market structure. As long as Nifty holds above the 24,550–24,600 support zone, the broader positive bias is likely to remain intact. A sustained move above 24,700 could trigger fresh buying towards 24,800–25,000, while a break below 24,550 may lead to profit booking towards 24,500–24,400. Source: NSE India 🏭 Sectoral Outlook 🟢 Bank Nifty – Buy on Dips 🟢 PSU Bank – Buy on Dips 🟢 Metal – Buy on Dips 🟢 Energy – Buy on Dips 🟢 Pharma – Buy on Dips 🟢 Auto – Accumulate 🟡 Realty – Stock Specific 🚫 Stocks in NEWS

⚠️ For informational purposes only. Not investment advice.

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MARKET OUTLOOK-: "रेंजबाउंड रिकवरी की उम्मीद, मेटल्स-इन्फ्रा पर नजर!"

Indian Stock Market Outlook - March 13, 2026 Today's Indian stock market is likely to remain rangebound sideways after the previous two days' decline, with Gift Nifty signaling a weak opening—Sensex between 76,300-77,400 and Nifty around 23,500-23,800. Global markets show mild weakness (US30 -0.61%, DAX -0.21%) and a strong Dollar Index at 99.75, potentially pressuring exporter stocks. FII & DII Activity (Up to March 12) In March, FIIs sold ₹46,166 crore while DIIs bought ₹60,549 crore. On March 12, FII net sellers at ₹7,050 crore, DII net buyers at ₹7,450 crore. Stocks in Action/News Today Focus Stocks:

Jindal Saw (₹199, bullish trend), JK Lakshmi Cement, Gravita India, Balaji Amines, Shaily Engineering Plastics, Kalpataru, Action Construction Equipment, Max Financial, Manorama Industries, KPI Green Energy. Sector Focus: Metals (Jindal Saw), Cement (JK Lakshmi), Chemicals (Balaji Amines, Shaily), Infra (Kalpataru). IPO Listings: Raajmarg Infra InvIT and Apsis Aerocom may list today (IPO closed March 11-13). Today's Results/Events Q3 FY26 Results: HEM Holdings (235% profit growth), Medico Remedies, LKP Finance, Honda India Power Products. No major Q4 results. Key News/Events: Crude price surge, ongoing FII selling, bullish recommendation on Jindal Saw (target ₹250). No major macro events.

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secured a govt. supply order worth 73.23 Cr.

Medico Remedies Limited has received a government supply order worth INR 73.23 crore from Uttar Pradesh Medical Supplies Corporation Limited, a government entity responsible for centralized procurement and distribution of medicines in Uttar Pradesh. The order involves supplying Azithromycin 500mg tablets, with the full delivery to be completed by 31st October 2026. The contract is domestic, has no related party transactions, and the promoter group has no interest in the awarding entity.

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