Last Updated: Saturday, March 12, 2016

Is Morepen Laboratories a Multibagger Stock?

Morepen Laboratories 

Top Searches: MOREPEN LABORATORIES MULTIBAGGER POTENTIAL STOCK, Morepen lab multibagger, Morepen laboratories stock price, Morepen laboratories ltd latest news, Morepen lab products, Morepen lab future, Syncom formula multibagger, multibagger stocks list 2017, Morepen labs results, morepen laboratories ltd multibagger stock to Invest Now. Morpen price target and stop loss.
About Morepen Laboratories

Morepen Laboratories is a small cap company in the Pharmaceuticals sector with current market capitalization of Rs 1,212.28 crore. Morepen Laboratories Ltd. was incorporated in the year 1984 and it went public in 1993. Morepen has a niche in the API business. Its cost reduction efforts coupled with continuous investment in R&D yielded rich dividend for the company as it attained a strong hold in the international markets, which eventually reflected positively on financial front in the current fiscal.  The company management includes Sushil Suri - Chairman & Managing Director, Arun Kumar Sinha - Whole Time Director, Manoj Joshi - Independent Director, Bhupender Raj Wadhwa - Independent Director, Sukhcharan Singh - Independent Director, Archana Bhargava - Additional Director.

Morepen Laboratories  Key ratios;

  • MARKET CAP (RS CR) : 1,212.28
  • P/E : 128.33
  • BOOK VALUE (RS) : 4.30
  • DIV (%) : 0.00%
  • INDUSTRY P/E: 32.73
  • EPS (TTM) : 0.21
  • P/C : 25.42
  • PRICE/BOOK : 6.27
  • FACE VALUE (RS): 2.00
Verify it at moneycontrol

Shareholding Pattern of Morepen Laboratories 

(in %)Dec-15Sep-15Jun-15

Our Take;
  • Morepen Lab has been a darling of multibagger seekers. It has delivered a multifold return of more than 2000% with its nice journey from Rs. 2.05 in August 2013 to Rs. 41.80 in December, 2015. So Morepen Lab is a perfect example of  Multibagger Stock.

News related to Morepen Laboratories                 Similar Post from Money N Business

BSE to move 14 scrips to restricted trade segment from December 24
Dec 19, 2013 | Source: Economic Times
BSE will move 14 scrips to restricted trade segment from Dec 24
Dec 18, 2013 | Source: The Hindu BusinessLine
Uttarakhand rescue chopper crash: Four more bodies recovered
Jun 26, 2013 | Source: Economic Times
BSE Sensex turns choppy; Bajaj Auto, ITC, CIL top losers
Jun 26, 2013 | Source: Economic Times
Sampre Nutritions to invest Rs 9 cr
Jun 21, 2012 | Source: Business Standard

Latest Small Cap Multibagger Stock List April 2016

 Top 10 Penny Stocks List March 2016

Is Subex Ltd a Multibagger Stock?

Top 10 Low priced Stocks with Sound Fundamentals
How to invest in Penny Stocks: Are they Worth Buying?

What is your view on present post, feel free to raise your queries on "Morepen Laboratories a Multibagger Stock". Drop a few lines here in comment box.


  1. Sir,
    Thanks for this wonderful wright up.
    Sir as you mention in the last wait for the next result for fresh entry.
    Sir can you please give your view and feedback about morepen last result and changes of multibagger returns in long term.

    1. Hi Gaurav,
      Thanks for showing interest here. I am really very sorry for my late reply. This post was written on March 2016 cleary advising our readers to avoid fresh buying @24 level and the stock went as per our discussion; currently trading @20.
      As much of the water have flown in Ganga ever since the post was written, your question seems to be obvious.
      Dont worry I will update this post very soon after analysing every aspects of Morpen lab and it being multibagger.
      As per technicals it is showing multiple support at 19 to 20. So technically it can be bought with strict SL of 18.50. Remember this is a quick analysis as per chart only new fundamental analysis is yet to be updated.

      Disclosur: Keep in mind I am not SEBI registered advisor nor this reply is intended to give buy/sell recommendation. Please use your mind or consult any expert before reacting on this post.


  2. Hi Sir,

    Please update your technical analysis as i had already invested 70k at Rs.30. Its been 2yrs i got stuck. shall i average it and stay for another 1yr to get good returns.

    1. Hello Krishnu,
      Greetings from Money n Business. I just posted a video on my youtube channel specially for you. I hope this will remove all your doubts regarding morpen lab.
      Here is direct link