Poly Medicure's Strong Performance Garners Attention from MarketsMOJO, Stock Gains 6.79%

Oct 14 2024 09:30 AM IST
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Poly Medicure, a leading player in the medical equipment and supplies industry, has gained 6.79% in the stock market on October 14, 2024, closing at Rs 2555. This caught the attention of MarketsMojo, which has given a 'Buy' call for the company. Poly Medicure has consistently performed well and is currently trading close to its 52-week high, outperforming the sector and the overall market. With strong financials and steady growth, it is a stock to watch out for.

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 14, 2024, the company's stock gained 6.79%, closing at Rs 2555. This positive movement has caught the attention of MarketsMOJO, a leading stock analysis platform, which has given a 'Buy' call for Poly Medicure.

What makes Poly Medicure stand out is its consistent performance. The company has been a part of MarketsMOJO's Reliable Performers list since August 7, 2023. This is a testament to the company's strong financials and steady growth.

In terms of price performance, Poly Medicure is currently trading close to its 52-week high of Rs 2613.35, with a difference of only 3.7%. The stock has also outperformed the sector by 6.86% and touched an intraday high of Rs 2555, a significant 9% increase.

Moreover, Poly Medicure is trading higher than all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a strong upward trend for the stock.

In comparison to the overall market performance, Poly Medicure has outperformed the Sensex by a significant margin. Its 1-day performance stands at 7.15% compared to the Sensex's 0.29%, and its 1-month performance is -1.70% while the Sensex's is -1.53%.

With such impressive numbers and a 'Buy' call from MarketsMOJO, Poly Medicure is definitely a stock to watch out for in the medical equipment and supplies industry.
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