Medplus Health Services share price: Medplus said its consolidated net profit jumped 126.60 per cent to Rs 26.58 crore for the quarter that ended March 31, from Rs 11.73 crore a year ago. The company’s consolidated revenue from operations rose 30 per cent.

Medplus Health Services shares zoom 20% to hit upper circuit after strong Q4 numbers; more upside possible?

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The 30-share BSE Sensex climbed 227 points or 0.37 per cent to trade at 62,099, while the broader NSE Nifty moved 59 points or 0.32 per cent higher to trade at 18,380. Mid- and small-cap shares were positive as Nifty Midcap 100 gained 0.35 per cent and the small-cap 100 was up 0.30 per cent.

Sensex rises over 200 points, Nifty trades above 18,350; Medplus Health Services jumps 11%; Page Industries dives 12%

The BSE Sensex rose over 600 points while the NSE barometer Nifty hit an above-18,500 level. At 2:58 pm, the 30-pack Sensex was up 608 points or 0.98 per cent at 62,481. The NSE benchmark jumped 182 points or 0.97 per cent at 18,502.

Sensex surges over 600 points: Investor wealth jumps over Rs 2L cr; Medplus Health Services, Eureka Forbes zoom up to 20%

Medplus Health said that 65 percent of its stores opened in the first half of FY23 managed to break-even just within six months of operations

Medplus Health zooms 12% as investors cheer upbeat Q4 show

MedPlus Health Services reported a two-fold surge in fourth-quarter profit on Thursday, driven by strong sales in its key retail segment.

MedPlus Health posts twofold surge in Q4 profit on strong sales

The omnichannel retail pharmacy said its consolidated net profit rose to 265.8 million rupees ($3.21 million) for the quarter ended March 31, from 117.3 million rupees a year ago.

MedPlus Health posts two-fold surge in Q4 profit on strong sales | The Financial Express

Today’s Pick: Medplus Health Services (₹732.85): BUY

Medplus Health Consolidated December 2022 Net Sales at Rs 1,190.31 crore, up 27.52% Y-o-Y

Medplus Health Standalone December 2022 Net Sales at Rs 57.24 crore, up 131.64% Y-o-Y

Medplus Health Services consolidated net profit declines 21.90% in the December 2022 quarter

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Medplus Health Services Pvt Ltd is an India-based retail pharmacy company. The Company helps customers to access its products, bills and all health records through online store, medplusmart.com, or on mobile through the MedPlus application.