SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Poly Medicure rises on acquiring 90% stake in PendraCare group

24 Sep 2025 Evaluate

Poly Medicure is currently trading at Rs. 1966.80, up by 16.80 points or 0.86% from its previous closing of Rs. 1950.00 on the BSE.

The scrip opened at Rs. 1968.95 and has touched a high and low of Rs. 1985.50 and Rs. 1942.40 respectively. So far 2977 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3350.00 on 01-Nov-2024 and a 52 week low of Rs. 1822.65 on 13-Aug-2025.

Last one week high and low of the scrip stood at Rs. 2109.90 and Rs. 1933.00 respectively. The current market cap of the company is Rs. 19900.88 crore.

The promoters holding in the company stood at 62.44%, while Institutions and Non-Institutions held 23.13% and 14.44% respectively.

Poly Medicure’s wholly owned step-down subsidiary -- RisoR Holdings B.V., Amsterdam, Netherlands has signed a share purchase agreement with Wellinq Holdings B.V. Amsterdam, Netherlands, for the purpose of acquisition of ordinary shares of Pendracare Holdings B.V. and Wellinq Medical B.V. (PendraCare Group). The company through Risor Holding B.V. owns 90% stake in the PendraCare group. Subsequently, Wellinq Medical B.V. and PendraCare Holding B.V. have become the step-down subsidiaries of the company. 

Earlier, the company had signed definitive agreements to acquire 90% stake in PendraCare Group consisting of PendraCare Holdings and Wellinq Medical from Wellinq Holdings B.V. at an Enterprise value of 18.3 million euros.

Poly Medicure is one of the leading Medical Devices company and exporter in India.


Poly Medicure Share Price

1414.55 -73.40 (-4.93%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lenskart Solutions 533.65
Poly Medicure 1414.55
Laxmi Denta 189.30
Nureca Ltd. 267.00
Hemant Surgical Inds 288.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×