India's Poly Medicure up on Q3 profit jump

Poly Medicure

31/01/2024 08:57

** Shares of Poly Medicure  PLMD.NS  rise 3.1% to 1,432
rupees
    ** India's largest exporter of medical devices said on
Wednesday its Q3 consol net profit surged 30% Y/Y, rev from ops
up 19% 
    ** More than 284,000 shares change hands, 4.3x the 30-day
avg; on track for most active trading session since Dec. 27
    ** PLMD trading above its 200-day simple moving average
since Feb. 2023
    ** Stock up ~66% in 2023; advanced 8.4% in Q3, marking sixth
straight quarterly gain


 (Reporting by Ashna Teresa Britto)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))