Poly Medicure Faces Short-Term Volatility Amid Strong Long-Term Performance Trends

Poly Medicure, a prominent player in the Medical Equipment/Supplies/Accessories industry, experienced a decline of 4.39% on May 2, 2025, closing at an intraday low of Rs 2455. This drop marks a continuation of a downward trend, with the stock losing 5.04% over the past two days. In comparison, the broader sector has also faced challenges, falling by 3.81%. Despite today's underperformance, Poly Medicure has shown resilience over longer periods. Over the past month, the stock has gained 13.02%, significantly outperforming the Sensex, which rose by 5.67%. In the last year, Poly Medicure has delivered an impressive return of 51.40%, compared to the Sensex's 8.51%. Currently, the stock is trading above its 20, 50, 100, and 200-day moving averages, although it is below its 5-day moving average. As the market overall sees a positive shift, with the Sensex rising by 0.87%, Poly Medicure's recent performance highlights the volatility and dynamics within the medical equipment sector.