Delhi High Court stays stamp duty order against Poly Medicure

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

POLYMED · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.1%Reaction day

₹1667.00

prior close

₹1653.00

announcement price

In-mkt

timing

Nifty Smallcap 250market-2.0%-1.1% vs market

Medical Equipment & Supplies peers, median of 11sector-1.2%-1.9% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Smallcap 250 and 1.9 pts less than its Medical Equipment & Supplies peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1-2.0-1.1-1.2-1.9

Next day

-1.3-0.4-0.9-0.7-0.6

+0.3+0.9-0.6+2.1-1.8

-0.8+1.2-2.0+4.0-4.7

+0.1+0.1-0.1+5.0-4.9

+3.7+0.8+2.9+2.3+1.5

+0.5+0.3+0.3+5.3-4.8

15d

+0.6+0.1+0.5-0.8+1.4

+6.4+2.2+4.2+2.9+3.5

+3.7+3.2+0.5+9.0-5.3

-2.9-2.6-0.4+11.4-14.3

UpDownMarket · Nifty Smallcap 250Sector · Medical Equipment & Supplies peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Poly Medicure had challenged stamp duty orders from the Office of the Collector of Stamps, Delhi in the Delhi High Court. At the July 3, 2026 hearing, no one appeared for the respondent, and the court stayed execution of the impugned order till the next date of hearing. The company received the order copy on July 7, 2026.

Likely market impact

Positive for shareholders as the court has temporarily halted the stamp duty order. Final outcome depends on the next hearing.