VMPL
Mumbai (Maharashtra) [India], February 17: Remedium Lifecare Limited announced a Rs182.70 crore multi-year supply deal from a major UK-based pharmaceutical distribution company in a breakthrough development in the pharmaceutical industry. Such a development is bound to trigger intense interest in the Indian stock market, indicating high chances of a 100% increase in the company’s stock prices.
This game-changing partnership has elevated Remedium Lifecare to the top of the pharmaceutical manufacturing sector. Market experts are particularly interested in the company’s compelling valuation of Rs182.70 crore, which indicates substantial potential for price appreciation.
The company also stands out in financial health with its zero-debt books and strong promoter confidence, evidenced by a 65% stake. Its recent strategic shift from trading to manufacturing with the help of advanced technology in Hyderabad also highlights its capability for continuous growth and expansion.
While this deal with this pharmaceutical distribution company opens up numerous growth opportunities, investors must consider regulatory compliance and conduct sufficient research.
Nevertheless, with a stronghold in 27 countries, Remedium is set for consistent growth and development.
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