{"id":129856,"date":"2024-07-31T11:27:56","date_gmt":"2024-07-31T05:57:56","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=129856"},"modified":"2024-07-31T12:15:19","modified_gmt":"2024-07-31T06:45:19","slug":"stock-jumps-4-after-signing-mou-with-fortuna-public-relations-to-enhance-its-operations","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-4-after-signing-mou-with-fortuna-public-relations-to-enhance-its-operations\/","title":{"rendered":"Stock jumps 4% after signing MoU with Fortuna Public Relations to enhance its operations\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2775998031\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Pharma stock engaged in manufacturing, marketing, and distribution of medical products and medical education services to clinics, pharma, medical companies, and others jumped 4 percent in the day\u2019s trade upon entering into an MoU to enhance its products and services&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3373726380\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 218 Crores, the shares of <strong>QMS Medical Allied Services Limited<\/strong> were trading at Rs. 121.90 per equity share, up 4 percent from its previous day\u2019s close price of Rs. 117.40.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>QMS Medical Allied Services Limited had entered into a Memorandum of Understanding with Fortuna Public Relations Private Limited for availing Communications &amp; IR Mandate Services.&nbsp;<\/p><p>In addition, it has recently entered into a Distributor Agreement with Sahajanand Medical Technologies Limited and Vascular Concepts Limited for the distribution of a range of specialized cardiovascular healthcare products.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1655886703\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company&nbsp;<\/strong><\/h2><p>QMS Medical Allied Services Limited is engaged in manufacturing, marketing, and distribution of medical products and medical education services to clinics, pharma, medical companies, and also to individual users.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials and Ratios&nbsp;<\/strong><\/h2><p>Its revenue from operations grew by 17.39 percent from Rs. 104 Crores in FY23 to Rs. 122 Crores in FY24, accompanied by profits of Rs. 6 Crores to Rs. 9 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 12.1 percent, and a return on capital employed (ROCE) of 14.7 percent. It has reported a debt-to-equity ratio of 0.44.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-521419261\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Pharma stock engaged in manufacturing, marketing, and distribution of medical products and medical education services to clinics, pharma, medical companies, and others jumped 4 percent in the day\u2019s trade upon entering into an MoU to enhance its products and services&nbsp; Price Action&nbsp; With a market capitalization of Rs. 218 Crores, the shares of QMS Medical [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":49884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-129856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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