Name: Latest research reports of Poly Medicure Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Poly Medicure Ltd.
Rating: 3
Author: ICICI Securities Limited

Poly Medicure Ltd.

NSE: POLYMED | BSE: 531768 | ISIN: INE205C01021 | Industry: Healthcare Supplies
| Expensive Performer

2318.0000 75.85 (3.38%)

NSE Mar 21, 2025 15:31 PM

30.97% Fall from 52W High

Volume: 94,498

Poly Medicure Ltd.

25 Jul 2024

2318.00

3.38%

Fresh capacity and exports to drive momentum

Hold: Poly Medicure Ltd.

Target

ICICI Securities Limited

Poly Medicure’s (PolyMed) Q1FY25 performance was boosted by exports (~23% YoY) while domestic business growth (~12% YoY) took a pause on high base. The company has commissioned four new plants that may double its device manufacturing capacity to 1.8bn units p.a by FY25 end.

Poly Medicure Ltd. is trading above its 50 day SMA of 2306.8