Poly Medicure's Stock Soars 6.55%, Rated 'Buy' by MarketsMOJO

Oct 30 2024 09:35 AM IST
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Poly Medicure, a leading player in the medical equipment and supplies industry, has been a top performer in the stock market with a 6.55% gain on October 30, 2024. Rated as a 'Buy' by MarketsMojo, the stock hit a new 52-week and all-time high of Rs. 2745, outperforming the sector by 2%. It has consistently outperformed the market and is currently trading higher than its moving averages, indicating a positive trend. With a 4.55% gain in the sector and outperforming the Sensex by 6.41% in the past 1 day and 18.42% in the past 1 month, Poly Medicure showcases strong performance and growth potential in the medical equipment and supplies industry.

Poly Medicure, a leading player in the medical equipment and supplies industry, has been making waves in the stock market with its recent performance. On October 30, 2024, the company's stock gained 6.55%, making it a top performer in the market.

According to MarketsMOJO, a leading stock analysis platform, Poly Medicure's stock is currently rated as a 'Buy'. The company has also been listed as a reliable performer on MarketsMOJO since August 7, 2023.

The stock has been on an upward trend, hitting a new 52-week and all-time high of Rs. 2745 on the same day. This is a significant achievement for the company and showcases its strong performance in the market. On the day, Poly Medicure outperformed the sector by 2%, with an intraday high of Rs. 2745, a 6.89% increase.

Poly Medicure's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. The medical equipment and supplies sector has also seen a 4.55% gain, further highlighting the company's strong performance.

In comparison to the overall market performance, Poly Medicure has outperformed the Sensex by 6.41% in the past 1 day and 18.42% in the past 1 month. This is a testament to the company's consistent growth and strong financials.

With its recent performance and positive outlook, Poly Medicure is definitely a stock to watch out for in the medical equipment and supplies industry. Investors can expect continued growth and success from this largecap company in the future.
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