Poly Medicure Shows Strong Momentum Amid Broader Market Decline
Poly Medicure has demonstrated strong performance in the medical equipment sector, gaining 3.39% on May 7, 2025, and achieving a total return of 14.25% over three consecutive days. The stock is trading above key moving averages, highlighting its upward momentum amid a broader market decline.
Poly Medicure, a prominent player in the Medical Equipment/Supplies/Accessories industry, has shown significant activity today, gaining 3.39% on May 7, 2025. The stock has outperformed its sector by 0.8%, marking a notable trend as it has experienced consecutive gains over the past three days, accumulating a total return of 14.25% during this period.During intraday trading, Poly Medicure reached a high of Rs 2864.4, reflecting a rise of 3.85%, while its low was recorded at Rs 2681.7, down by 2.77%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum.
In the broader market context, the Sensex opened lower at 79,948.80, down 692.27 points, and is currently trading at 80,542.10. Despite this, Poly Medicure's performance stands out, with a 1-day gain of 3.84% compared to the Sensex's slight decline of 0.08%. Over the past month, Poly Medicure has surged by 41.68%, significantly outperforming the Sensex's 10.17% increase. The stock's impressive performance over various time frames underscores its robust market position.
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