Synopsis:

Poly Medicure jumped sharply after acquiring Italy-based Citieffe Group for Rs 324 crore. With this purchase, Poly Medicure is on its way to becoming an international player in the field of orthopaedics, which enables the company to access a patent-free portfolio with a presence in Italy, the US, Mexico, and distribution in over 25 countries.

The shares of this leading medical device manufacturer and exporter from India are in focus after making a key acquisition in Italy. In this article, we will dive more into the details.

With a market capitalisation of Rs 20,788 crore, the shares of Poly Medicure Ltd made a day’s high of Rs 2080.35 per share, up 5 percent from its previous day’s closing price of Rs 1981.35 per share. Over the past five years, the stock has delivered a

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