Poly Medicure Limited
Max Life Insurance decreased its stake in Poly Medicure Limited from 2.32% to 2.14%, selling 1,81,620 shares.
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.
Now branded Axis Max Life after Axis Bank took a controlling stake. Crossed Rs 1.5 lakh crore in AUM in April 2024 with over 20% YoY growth and has continued to compound. CIO Sachin Bajaj has over 25 years of investment experience and runs a multi-cap equity book across ULIP, par and non-par funds with a quality and growth tilt.