Poly Medicure Ltd Share Price (POLYMED)
₹1550.2▲0.16%
Overview of Poly Medicure Ltd
Key events for Poly Medicure Ltd
Poly Medicure's High P/E Ratio Raises Concerns - 23 Mar, 2024
Poly Medicure Limited's high price-to-earnings (P/E) ratio of 60.1x compared to the market average has raised concerns among investors, despite its strong earnings growth. Analysts forecast a growth rate in line with the wider market, making the stock potentially overvalued and at risk of declining.
Poly Medicure Board Approves Fundraising, Net Profit Jumps - 09 Mar, 2024
Poly Medicure's board has approved fundraising of up to Rs 800 crore through various modes. The company's Q3 FY24 consolidated net profit jumped 30.01% YoY. Senior key executive Rishi Baid saw a 3.3% reduction in holdings value.
Analyst Rating for Poly Medicure Ltd stock
based on 5 analysts
Based on 5 analysts offering long term price targets for Poly Medicure Ltd. An average target of ₹1748
Source: S&P Global Market Intelligence
Poly Medicure Ltd share Performance
- ₹1501₹1563.45₹1550.2
3.17%
Downside
Day's Volatility:4.03%
Upside
0.85%
- ₹921.1₹1729₹1550.2
40.58%
Downside
52 Weeks Volatility:52.12%
Upside
11.53%
| Returns % | |
| 1 Month Return | 3.65 % |
| 3 Month Return | 5.81 % |
| 1 Year Return | 64.62 % |
| Market Stats | |
| Previous Close | ₹1,547.70 |
| Open | ₹1,540.00 |
| Volume | 33.66K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹14,877.49Cr |
Poly Medicure Ltd Company Information
Poly Medicure Ltd is well-known for its top-notch medical devices, which include disposable syringes, infusion sets, blood transfusion sets, and medical gloves. The company also manufactures a wide range of pharmaceuticals, ranging from antibiotics to painkillers. Its diagnostics services include X-ray, ultrasound, and CT scan.
Poly Medicure Ltd has several popular brands in its portfolio, including Polymed, Polycare, PolyPlus, and PolymedPlus. These brands are renowned for their quality and reliability. The company has also developed a wide range of innovative products, such as the Polymed Plus, which is a multi-purpose medical device that can be used for a variety of medical procedures.
Share Price: ₹1550.20 per share as on 15 Apr, 2024 04:01 PM
Market Capitalisation: ₹14,877.49Cr as of today
Revenue: ₹339.60Cr as on December 2023 (Q4 23)
Net Profit: ₹65.02Cr as on December 2023 (Q4 23)
Listing date: 07 Dec, 2011
Chairperson Name: Devendra Raj Mehta
| Organisation | Poly Medicure Ltd |
| Headquarters | |
| Industry | Healthcare |
| E-voting on shares | Click here to vote |
Fundamentals of Poly Medicure Ltd
Insights on Poly Medicure Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 27.20% to 27.29% in Dec 2023 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, POLYMED stock has moved up by 0.7%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 7 quarters, 253.82 Cr → 356.88 Cr (in ₹), with an average increase of 5.5% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 3.95% to 4.18% in Dec 2023 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 62.19 Cr → 65.02 Cr (in ₹), with an average increase of 4.4% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 53.16% of holdings in Dec 2023 quarter
- NO EFFECT
Against Peers
In the last 3 years, Shree Pacetronix Ltd has given 1573.3% return, outperforming this stock by 1493.9%
- NO EFFECT
Against Peers
In the last 1 year, Shree Pacetronix Ltd has given 80.1% return, outperforming this stock by 15.8%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 14.49% to 14.10% in Dec 2023 quarter
Poly Medicure Ltd Valuation
Poly Medicure Ltd in the last 5 years
Lowest (18.90x)
March 24, 2020
Today (59.78x)
April 15, 2024
Industry (95.45x)
April 15, 2024
Highest (74.26x)
May 21, 2021
Poly Medicure Ltd Mutual Fund Holdings
| Funds | Holdings |
 UTI Flexi Cap Fund - Growth Option - Direct | 1.25% |
 Quant Small Cap Fund Growth Option Direct Plan | 1.55% |
| Quant Healthcare Fund Direct Growth | 8.94% |
 WhiteOak Capital Flexi Cap Fund Direct Growth | 0.69% |
| Quant Consumption Fund Direct Growth | 8.68% |
Poly Medicure Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 53.16% | 0.00 | |
| Foreign Institutions | 14.1% | ||
| Mutual Funds | 4.18% | 5.71 | |
| Retail Investors | 27.29% | 0.30 | |
| Others | 1.28% | 6.41 |
Technicals of Poly Medicure Ltd share
News & Events of Poly Medicure Ltd
Frequently Asked Questions
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Poly Medicure Ltd (POLYMED) share price today is ₹1550.2
Poly Medicure Ltd is listed on NSE
Poly Medicure Ltd is listed on BSE
- Today’s highest price of Poly Medicure Ltd is ₹1563.45.
- Today’s lowest price of Poly Medicure Ltd is ₹1501.
PE Ratio of Poly Medicure Ltd is 59.78
PE ratio = Poly Medicure Ltd Market price per share / Poly Medicure Ltd Earnings per share
Today’s traded volume of Poly Medicure Ltd(POLYMED) is 33.66K.
Today’s market capitalisation of Poly Medicure Ltd(POLYMED) is ₹14877.49Cr.
| Poly Medicure Ltd(POLYMED | Price |
|---|---|
52 Week High | ₹1729 |
52 Week Low | ₹921.1 |
Poly Medicure Ltd(POLYMED) share price is ₹1550.2. It is down -10.34% from its 52 Week High price of ₹1729
Poly Medicure Ltd(POLYMED) share price is ₹1550.2. It is up 68.30% from its 52 Week Low price of ₹921.1
| Poly Medicure Ltd(POLYMED | Returns |
|---|---|
1 Day Returns | 2.5% |
1 Month Returns | 3.65% |
3 Month Returns | 5.81% |
1 Year Returns | 64.62% |