UTI Mutual Fund increased its stake in Poly Medicure to 1.52% from 1.50%, buying 16,706 shares for ₹2.81 Cr at ₹1680.50 apiece.
A manufacturer and exporter of plastic medical disposables and surgical devices, Poly Medicure operates in the medical equipment and supplies sector. The company produces a comprehensive range of healthcare products designed for clinical and institutional use across hospitals and diagnostic centers. Its business centers on developing and distributing quality medical devices to both domestic and international markets, serving healthcare providers globally.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.
