NSEPrice movement29 Sept 2026 · 29 Sept 2026, 06:55 pm

Price movement

Medico Remedies Limited · MEDICO

✦ AI SummaryRegulatory

Medico Remedies Limited has responded to a query from the Bombay Stock Exchange and the National Stock Exchange regarding a significant price movement in the company's shares. The company stated that there is no pending information or announcement required to be disclosed, and that the price movement is purely due to market conditions.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Full Announcement

Significant movement in price has been observed in Medico Remedies Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Medico Remedies Limited has submitted their response.

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MEDICO_29092026185451_Clarification_Letter_-_BSE_NSE.pdf

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Date: 29th September 2026 Bombay Stock Exchange Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, 5th Floor, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East) Mumbai - 400 001. Mumbai- 400 051. Script Code: 540937 Symbol: MEDICO Dear Sir/Madam, Ref: W.r.t to your email/query dated 29th September 2026 Sub: Clarification on price movement With reference to your email/query dated 29th September 2026, we would like to inform you that there is no pending information or announcement required to be disclosed (i) under Regulation 30 of the SEBI (LODR) Regulations, 2015, and (ii) any other event, information etc. that have a bearing on the operation/performance of the company, including price sensitive information. With respect to the price and volume movement, we further inform you that the increase or decrease in share price of the company is purely due to market conditions and absolutely market driven. Please note that the Company has been regularly sharing all information/announcements of all material information/events with the stock exchange under the LODR regulations as and when such event occurs. Thanking You, Yours sincerely, FOR MEDICO REMEDIES LIMITED HARESH MEHTA CHAIRMAN & WHOLE-TIME DIRECTOR DIN: 01080289