Poly Medicure's Stock Reaches All-Time High, Outperforms Sector and Sensex

Poly Medicure, a leading player in the medical equipment and supplies industry, has recently seen a surge in its stock price, reaching an all-time high on October 30th, 2024. This has caught the attention of investors and analysts, with MarketsMOJO giving a 'Buy' call for the stock. The company has also been consistently performing well, being a part of the Reliable Performers list on MarketsMOJO since August 7th, 2023. This is a testament to the company's strong financials and growth potential. In terms of price performance, Poly Medicure is currently trading at a 3.05% premium to its 52-week high of Rs 2659.95. It has also outperformed the sector by 0.51% today, indicating its strength in the market. Despite the high volatility in the stock today, with an intraday volatility of 87.45%, Poly Medicure has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further showcases the company's stability and positive momentum. In the past year, Poly Medicure has outperformed the Sensex by a significant margin, with a 94.85% growth compared to the Sensex's 25.03%. This highlights the company's strong performance and potential for future growth. With its consistent performance and positive outlook, Poly Medicure is a promising player in the medical equipment and supplies industry. Investors can consider adding this largecap stock to their portfolio for long-term growth.