Poly Medicure's Stock Soars to New High, Outperforms Sector and Sensex

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 31, 2024, the company's stock gained 3.97%, closing at Rs. 2907.15, which is also its new 52-week and all-time high.

MarketsMOJO, a trusted source for stock analysis and recommendations, has given a 'Buy' call for Poly Medicure's stock. The company has also been listed as a Reliable Performer on MarketsMOJO since August 7, 2023.

In today's trading session, Poly Medicure outperformed the sector by 2.84%, showcasing its strong performance in the market. The stock has been on a consecutive gain for the last 2 days, with a remarkable 12.46% increase in returns during this period. Its intraday high of Rs. 2907.15 (4.18%) further highlights its positive momentum.

Poly Medicure's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend in the market.

In comparison to the Sensex, Poly Medicure's stock has outperformed with a 1-day performance of 3.70% while the Sensex has seen a -0.37% decline. Over the past month, the company's stock has shown a strong growth of 23.05%, while the Sensex has seen a -5.48% decline.

With its consistent growth and strong performance, Poly Medicure is definitely a stock to watch out for in the medical equipment and supplies industry. Investors can consider adding it to their portfolio for potential long-term gains.