Poly Medicure hits 52-week high on bonus issue, interim dividend plan

The stock soared 12% to Rs 449 on the BSE in intra-day trade.

Poly Medicure has soared 12% to Rs 449, also its 52-week high on the BSE, after the company said that the board will meet on February 6, to consider the issue of bonus shares and interim dividend.

The board will also consider the un-audited financial results of the company for the third quarter and nine months ended on December 31, 2016, Poly Medicure said in a statement.

At 10:26 am; the stock was up 7% at Rs 430 on the BSE as compared to 0.39% decline in the S&P BSE Sensex. A combined 36,543 shares changed hands on the counter on the BSE and NSE so far.