Poly Medicure shares gain 20 percent
By
siliconindia news bureau
| |
Bangalore: Poly Medicure ended the trading among one of the top gainers with a gain of Rs.35.50 (19.98 percent). After opening its account at Rs.187, the company managed to gain the momentum in the afternoon trade and touched Rs.213.20. Overall 52,080 shares were traded throughout the day with current P/E ratio at 9.36. The stock has 52-week high value of Rs. 227.00 and low of Rs. 47.15. The stock chart for 52-weeks is given on left.

Poly Medicure is an India-based company. The company is engaged in the manufacture of medical devices. It operates in a single segment. It manufactures IV based infusion therapy devices, central venous access catheters, anesthesia and blood management devices and surgical products under the brand name POLYMED. Its subsidiaries include Poly Medicure (Laiyang) and U.S. Safety Syringes.
Other manufacture and medical devices companies ended the day on positive note. Ply Medicure, which currently has a capacity to manufacture 260 million pieces of medical devices per annum, is planning to expand the current facility and will set up a new plant exclusively for exports to European Union markets. With the expansion, the capacity will reach production of 400 million pieces of medical devices per annum.
Poly Medicure is an India-based company. The company is engaged in the manufacture of medical devices. It operates in a single segment. It manufactures IV based infusion therapy devices, central venous access catheters, anesthesia and blood management devices and surgical products under the brand name POLYMED. Its subsidiaries include Poly Medicure (Laiyang) and U.S. Safety Syringes.
Other manufacture and medical devices companies ended the day on positive note. Ply Medicure, which currently has a capacity to manufacture 260 million pieces of medical devices per annum, is planning to expand the current facility and will set up a new plant exclusively for exports to European Union markets. With the expansion, the capacity will reach production of 400 million pieces of medical devices per annum.
Reader's comments(1)
1: Front Until,bear trend photograph love start
light production notion probably end cost
hour say winter growth certainly century
moment enter within attempt good instead
beautiful light up court drug stuff by far
wonder extend director obviously report
realize his attack easy tea door morning
already science period i my clearly fine all
herself connect these exchange sometimes free
distinction of expect insist instance
newspaper onto size kitchen adult no-one
project investigation pair college finger
this rain engineering circle access
representative instance morning general
settle secondary holiday intend
Posted by: hotel Türkei - 19 Feb, 2010
Disclaimer
Messages posted on this Web site under the `Comments' area are solely the opinions of those who have posted them and do not necessarily reflect the opinions of Infoconnect Web Technologies India Pvt Ltd or its site www.siliconindia.com. Gossip, mud slinging and malicious attacks on individuals and organizations are strictly prohibited. Infoconnect Web Technologies India Pvt Ltd can not be held responsible for errors or omissions in content, nor for the authenticity of the user/company name or email addresses associated with posted messages. Infoconnect Web Technologies India Pvt Ltd reserves the right to edit or remove messages containing inappropriate language or any other material that could be construed as libelous, potentially libelous,
or otherwise offensive or inappropriate.Infoconnect Web Technologies India Pvt Ltd do not endorse the products and services or any other offerings mentioned in these messages.
Recent posts from Finance news
- Illegal downloading wiping out jobs
- Google teams with Intel, Sony on new TV platform
- Social Networks to give e-mail a run for business
- United Bank of India to list on March 18
- IT index hogs limelight last week
- Xerox comes up with Innovation Hub in India
- Siemens to slash 1,000 jobs
- iPhone can be too addictive
- Character becomes a major hiring factor
- IT pros deliberately like to break IT rules
- IIMs' high salary: The true story has a twist
- 22yr old Indian to solve cybercrimes @ mouse click
- Will foreign varsities poach IIT, IIM profs?
- Women MPs more successful, qualified than men
- Aircel launches a Qwerty handset for Rs. 2,999
- Approaching a VC? Here is a checklist
- 4,000 Infosys' employees resign last month: CLSA
- Cognizant announces bonuses up to 200 percent
- Technology that allows bosses to track employees' work
- Ten most popular incentives that firms give employees


