Poly Medicure Faces Ongoing Challenges Amid Broader Sector Decline in February 2025
Poly Medicure has faced a notable decline in stock performance, losing 4.36% on February 12, 2025. The stock has underperformed its sector and has seen a consecutive five-day drop totaling 12.39%. It is currently trading below its moving averages, reflecting ongoing challenges in the market.
Poly Medicure, a prominent player in the Medical Equipment/Supplies/Accessories industry, has experienced a significant decline in its stock performance today, losing 4.36% as of February 12, 2025. This downturn is part of a broader trend, as the stock has underperformed its sector by 2.86% and has seen a consecutive decline over the past five days, totaling a drop of 12.39%.The stock reached an intraday low of Rs 2163.3, reflecting a decrease of 4.19%. Additionally, Poly Medicure is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.
In the context of the overall market, the Medical Equipment/Supplies/Accessories sector has also faced challenges, with a decline of 3.38%. Over the past month, Poly Medicure's performance has been particularly stark, with a drop of 20.10%, contrasting sharply with the Sensex, which has only decreased by 1.90%. This performance highlights the ongoing challenges faced by Poly Medicure in the current market environment.
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