Poly Medicure Ltd Share Price – NSE  /  BSE

Healthcare, Small Cap

The company will raise funds by way of raising of debts, issuance of any instruments or securities through private placement, preferential issue, rights issue, qualified institutions placement or such other methods in one or more tranches.

The board has also formed a committee to identify the modes of fund raising and after receipt of recommendation from the committee, the same shall be considered by the Board of Directors.

Poly Medicure exports plastic medical disposables/surgical devices. It manufactures and supplies approximately 100 types of disposable medical devices in the product verticals of infusion therapy, anesthesia, urology, gastroenterology, blood management and blood collection, surgery and wound drainage, dialysis and central venous access catheters.

The company’s consolidated net profit jumped 30.01% to Rs 65.02 crore on 19.22% increase in revenue from operations to Rs 339.60 crore in Q3 FY24 over Q3 FY23.

The share price fell 1.08% to end at Rs 1,567.20 on Thursday, 7 March 2024.

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The Board of Poly Medicure at its meeting held on 08 March 2024 has approved raising of funds for an aggregate amount not exceeding Rs 800 crore via debt issuance in one or more tranches.

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Poly Medicure will hold a meeting of the Board of Directors of the Company on 8 March 2024.

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Procter & Gamble Hygiene and Health Care Ltd, Prism Johnson Ltd, Bharti Airtel Ltd, SBI Life Insurance Company Ltd are among the other stocks to see a surge in volumes on BSE today, 21 February 2024.

Poly Medicure Ltd recorded volume of 13.15 lakh shares by 10:47 IST on BSE, a 533.71 times surge over two-week average daily volume of 2464 shares. The stock gained 3.24% to Rs.1,645.80. Volumes stood at 4174 shares in the last session.

Procter & Gamble Hygiene and Health Care Ltd registered volume of 14330 shares by 10:47 IST on BSE, a 49.08 fold spurt over two-week average daily volume of 292 shares. The stock rose 0.65% to Rs.16,671.40. Volumes stood at 154 shares in the last session.

Prism Johnson Ltd clocked volume of 29.89 lakh shares by 10:47 IST on BSE, a 21.59 times surge over two-week average daily volume of 1.38 lakh shares. The stock lost 0.21% to Rs.170.25. Volumes stood at 35383 shares in the last session.

Bharti Airtel Ltd registered volume of 23.86 lakh shares by 10:47 IST on BSE, a 13.2 fold spurt over two-week average daily volume of 1.81 lakh shares. The stock rose 0.67% to Rs.1,151.85. Volumes stood at 2.01 lakh shares in the last session.

SBI Life Insurance Company Ltd witnessed volume of 3.22 lakh shares by 10:47 IST on BSE, a 11.4 times surge over two-week average daily volume of 28273 shares. The stock dropped 0.33% to Rs.1,508.45. Volumes stood at 61803 shares in the last session.

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