HSBC Mutual Fund disclosed a 1.22% stake in Poly Medicure Limited, holding 12,33,816 shares, up from under 1% in the previous shareholding filing.
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.
Indian arm of HSBC Asset Management, the investment arm of HSBC Group with over USD 600 billion in global AUM. Manages over Rs 1 lakh crore in India across equity, debt and hybrid schemes. Previously known for integration of L&T Mutual Fund schemes after acquiring it from L&T Finance in 2022, which significantly expanded the franchise.
