Synopsis:
Fischer Medical Ventures will record its fairness shares on NSE’s important board on tenth July 2025, below the image “FISCHER”, increasing from its present itemizing on the BSE.
Throughout Wednesday’s buying and selling session, shares of one of many main merchants in medical gear in India surged practically 6.3 p.c on BSE, after the corporate introduced that its fairness shares will probably be listed on the Nationwide Inventory Change of India (NSE) with impact from tenth July 2025.
With a market cap of Rs. 5,350 crores, at 12:57 p.m., the shares of Fischer Medical Ventures Restricted have been buying and selling within the inexperienced at Rs. 825 on BSE, up by practically 4 p.c, as in opposition to its earlier closing worth of Rs. 794.8. The inventory has delivered constructive returns of round 37 p.c in a single 12 months, however has fallen by over 4 p.c within the final month.
What’s the Information
Based on the most recent regulatory filings with the BSE, Fischer Medical Ventures Restricted has introduced that its fairness shares will probably be listed on the principle board of the Nationwide Inventory Change of India (NSE) efficient from tenth July 2025. The shares, totally paid-up with a face worth of Rs. 10 every, will probably be traded below the image “FISCHER”.
Presently, the corporate’s shares are actively traded on the BSE below the Scrip Code: 524743. The prevailing 6,48,51,547 fairness shares of face worth of Rs. 10 every of the Firm will probably be listed on the Fundamental Board of NSE.
Financials & extra
Fischer Medical Ventures reported a major progress in its income from operations, displaying a year-on-year rise of round 136 p.c from Rs. 20.8 crores in This fall FY24 to Rs. 49.2 crores in This fall FY25. In distinction, its internet revenue decreased throughout the identical interval from Rs. 2.6 crores to Rs. 1.3 crores, representing a decline of round 50 p.c YoY.
Fischer Medical Ventures Restricted, previously referred to as Fischer Chemic Restricted, is likely one of the main merchants in medical gear in India, together with magnetic resonance imaging (MRI) machines. Except for medical gadgets, FMV holds a various portfolio of diagnostic options tailor-made to a number of point-of-care diagnostic options.
The corporate has modified the character of enterprise from manufacturing of chemical substances to buying and selling and manufacturing of medical gear, together with MRI machines, consequent to the share subscription settlement entered by the corporate with Time Medical Worldwide Ventures (India) Personal Restricted and their Promoters.
Written by Shivani Singh
Disclaimer
The views and funding ideas expressed by funding consultants/broking homes/ranking businesses on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a danger of monetary losses. Buyers should due to this fact train due warning whereas investing or buying and selling in shares. Commerce Brains Applied sciences Personal Restricted or the writer should not chargeable for any losses brought on because of the choice based mostly on this text. Please seek the advice of your funding advisor earlier than investing.
