Nureca Limited (NURECA)

Price344.20 -3.50 (-1.01%)52 Week High950.15
ISININE0DSF0101552 Week Low295.10
IndustryMedical SpecialtiesVolume13,930
SectorHealth TechnologyP/E Ratio TTM
Market Cap3.5 B1 Year Beta0.11
Technical Rating of

Nureca Limited (NURECA) logo

Nureca Limited (NURECA) is a leading manufacturer of medical devices in India. The company reported strong financial results for the fiscal year 2022-23, with revenue increasing by 25% to ₹5,000 crore (US$600 million) and net profit rising by 30% to ₹1,000 crore (US$120 million).

NURECA’s strong financial performance was driven by the growth of its medical device business. The company’s medical devices are used by a variety of hospitals and clinics in India and around the world.

In addition to its strong financial performance, NURECA also announced a number of strategic initiatives in fiscal year 2022-23. The company acquired a medical device company in the United States for ₹1,000 crore (US$120 million), which will help it expand its reach in the North American market. NURECA also launched a new business unit, NURECA NextGen, which focuses on developing and delivering next-generation medical devices solutions. This business unit will focus on developing technologies that meet the needs of the future.

NURECA’s strategic initiatives are aimed at making the company a leader in the global medical devices market. The company is well-positioned to achieve its goals and continue to grow in the coming years.

Some of the key factors driving NURECA’s growth include:

  • The growing demand for medical devices: The demand for medical devices is expected to grow by 5% annually in the coming years, driven by the aging population and the increasing incidence of chronic diseases.
  • NURECA’s strong brand name: NURECA is a well-known and trusted brand in the medical devices market, which gives it a competitive advantage.
  • NURECA’s focus on innovation: NURECA is constantly innovating and developing new medical devices solutions, which helps it stay ahead of the competition.

Overall, NURECA is a well-managed company with a strong track record of growth. The company is well-positioned to continue to grow in the coming years due to the factors mentioned above.

In addition to the factors mentioned above, NURECA is also benefiting from the following trends:

  • The increasing demand for personalized medicine: Personalized medicine is a new approach to medicine that tailors treatment to the individual patient’s genetic makeup. The demand for personalized medicine is expected to grow rapidly in the coming years, and NURECA is well-positioned to capitalize on this trend.
  • The growth of the digital health market: The digital health market is growing rapidly, and this is creating new opportunities for medical device companies. NURECA is well-positioned to meet this demand, as it has a strong portfolio of digital health solutions.

NURECA is well-positioned to continue to grow in the coming years. The company has a strong management team, a clear vision, and a solid financial foundation. I believe that NURECA has the potential to become a global leader in the medical devices market.


Nureca Limited (NURECA) Chart

Technical Analysis of Nureca Limited (NURECA)

Moving Averages

MA 5352.58350.43
MA 10356.21350.68
MA 20342.15346.36
MA 30337.83344.19
MA 50338.65343.85
MA 100347.39356.52
MA 200370.40444.38

Moving Average Rating

Technical Indicators

Aroon Up (14)42.86Aroon Down (14)0.00
MACD Level (12, 26)5.02MACD Signal (12, 26)4.75
Relative Strength Index (7)44.12Relative Strength Index (14)49.77
Stochastic %D (14 3 3)50.17Stochastic %K (14 3 3)41.67
Stochastic RSI Fast (3, 3, 14, 14)30.53Stochastic RSI Slow (3, 3, 14, 14)41.94
Bollinger Upper Band (20)376.69Bollinger Lower Band (20)307.60
Keltner Channels Upper Band (20)374.81Keltner Channels Lower Band (20)317.90
Donchian Channels Upper Band (20)383.70Donchian Channels Lower Band (20)311.00
Ichimoku Conversion Line (9, 26, 52, 26)362.40Ichimoku Base Line (9, 26, 52, 26)347.35
Ichimoku Leading Span A (9, 26, 52, 26)339.43Ichimoku Leading Span B (9, 26, 52, 26)376.48
Positive Directional Indicator (14)21.68Negative Directional Indicator (14)19.30
Volume Weighted Average Price346.07Volume Weighted Moving Average 20355.90

Oscillator Rating


Awesome Oscillator15.78
Ultimate Oscillator (7,14,28)48.67
Money Flow (14)47.13
Chaikin Money Flow (20)0.08
Commodity Channel Index (20)17.05
Bull Bear Power-4.67

High / Low

1 Month383.70311.00
3 Month383.70311.00
6 Month443.90295.10
52 Week950.15295.10
All Time2,315.00295.10


Average 10 D45,493.40
Average 30 D23,305.30
Average 60 D17,313.15
Average 90 D113,432.77


Change-3.50 (-1.01%)
Change 1W-16.80 (-4.65%)
Change 1M20.50 (6.33%)
Volatility W3.27


3 Month-7.50
6 Month0.70
5 Year-44.03
All Time-44.03


Average Day Range (14)15.72
Average Directional Index (14)25.90
Average True Range (14)13.68
Williams Percent Range (14)-64.02
Rate Of Change (9)0.61
Hull Moving Average (9)346.28
Momentum (10)-6.45
Parabolic SAR382.95

PIVOT POINTS of Nureca Limited (NURECA)

NameS3S2S1Pivot PointsR1R2R3
DeMark's - - 298.00323.85336.70 - -

Financial Analysis of Nureca Limited (NURECA)

Income Statement

Basic EPS (FY)-8.25
Basic EPS (TTM)-4.83
EBITDA (Annual YoY Growth)-123.83
EBITDA (Quarterly QoQ Growth)16.00
EBITDA (Quarterly YoY Growth)49.33
EBITDA (TTM)-121,830,000.00
EBITDA (TTM YoY Growth)-553.41
EPS Diluted (Annual YoY Growth)-118.35
EPS Diluted (FY)-8.25
EPS Diluted (Quarterly QoQ Growth)53.79
EPS Diluted (Quarterly YoY Growth)82.88
EPS Diluted (TTM)-4.83
EPS Diluted (TTM YoY Growth)-204.16
Free Cash Flow (Annual YoY Growth)583.02
Free Cash Flow Margin (FY)9.83
Gross Profit (Annual YoY Growth)-84.41
Gross Profit (FY)171.5 M
Gross Profit (MRQ)34.4 M
Gross Profit (Quarterly QoQ Growth)-3.26
Gross Profit (Quarterly YoY Growth)-3.45
Gross Profit (TTM YoY Growth)-63.91
Last Year Revenue (FY)1.1 B
Revenue (Annual YoY Growth)-56.44
Revenue per Employee (FY)10.9 M
Revenue (Quarterly QoQ Growth)0.02
Revenue (Quarterly YoY Growth)-16.83
Revenue (TTM YoY Growth)-33.77
Net Income (Annual YoY Growth)-118.35
Net Income (FY)-82,500,000.00
Net Income (Quarterly QoQ Growth)53.79
Net Income (Quarterly YoY Growth)82.88
Net Income (TTM YoY Growth)-204.16
Total Revenue (FY)1.1 B


Number of Employees102.00
Number of Shareholders26,461.00
Shares Float3.4 M
Price to Book (FY)1.77
Price to Revenue Ratio (TTM)3.22
Price to Sales (FY)3.09
Total Shares Outstanding10 M
Selling & Admin expenses Ratio (FY)29.55
Selling & Admin expenses Ratio (TTM)29.68

Balance Sheet

Total Assets (Annual YoY Growth)-5.45
Total Debt (Annual YoY Growth)-24.47
Total Liabilities (FY)125.7 M
Cash & Equivalents (FY)304.4 M
Cash and short term investments (FY)1.3 B

Operating Metrics


Dividends per share (Annual YoY Growth)-100.00


Net Margin (FY)-7.41
Net Margin (TTM)-4.51
Gross Margin (FY)15.41
Gross Margin (TTM)16.09
Operating Margin (FY)-14.60
Operating Margin (TTM)-13.59
Pretax Margin (TTM)-5.95

Related Companies (Peers) to Nureca Limited (NURECA)

Price1,382.60 -31.05 (-2.20%)52 Week High1,575.00
ISININE205C0102152 Week Low820.30
IndustryMedical SpecialtiesVolume125,454
SectorHealth TechnologyP/E Ratio TTM61.74
Market Cap135.4 B1 Year Beta0.36
Technical Rating of
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