Upper Circuit Alert! Remedium Lifecare Shares Zoom Over 400 pc In 1 Year; Do You Own? Image Source: Canva
Remedium Lifecare share price hit the upper circuit in Tuesday’s trading session. The counter opened with a gain of 4.98 per cent and outperformed the sector by 6.13 per cent. The stock has been gaining for the three days and has risen 13.26 per cent returns in the period. The scrip touched an intraday high of Rs 112.85 per share, hitting the upper price band zooming 5 per cent from its previous close of Rs 107.50 apiece.
The counter has been trading higher than 5 day, 50 day and 100 day moving averages but lower than 20 day and 200 day moving averages.
The multibagger stock endured northbound journey to deliver 420.06 per cent returns in the last 365 days, as per data available on the Bombay Stock Exchange (BSE). In the last two years, the counter multiplied investors wealth by a whopping 2216.22 per cent. In the last the three years, the counter moved north of 7788.11 per cent, making investors richer with massive gains.
The pharmaceutical company recently got a new order from a business in the United Arab Emirates. An exchange filing stated that Pharmyka General Trading LLC sent the corporation an export order for Rs 169 core. The company had earlier notified exchanges that a meeting of its board of directors is scheduled to discuss the possible purchase of a manufacturing facility in the vicinity of Hyderabad. The factory manufactures intermediates for the pharmaceutical industry, per the filing.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Today Technology Market ResearchDigital suggests its readers/audience to consult their financial advisors before making any money related decisions.)
