Medplus Health dips below issue price, hits new low; stock down 16% in 1 wk

With the recent decline in the stock price of the company, MHSL is trading 7 per cent lower from its issue price of Rs 796 per share

Shares of Medplus Health Services (MHSL) hit a new low of Rs 737.15, down 4 per cent on the BSE in Friday’s intra-day trade. The stock of pharmacy retail company, which has fallen below its issue price of Rs 796 per share, was trading lower for the sixth straight day, down 16 per cent during the period.

With the recent decline in the stock price of the company, MHSL was trading 7 per cent lower from its issue price. It has tanked 45 per cent from its 52-week high level of Rs 1,343 touched on January 20, 2022. The company