Healthcare stock jumps 6% after company announces NSE listing tomorrow

Synopsis:
Fischer Medical Ventures will list its equity shares on NSE’s main board on 10th July 2025, under the symbol “FISCHER”, expanding from its current listing on the BSE.

During Wednesday’s trading session, shares of one of the leading traders in medical equipment in India surged nearly 6.3 percent on BSE, after the company announced that its equity shares will be listed on the National Stock Exchange of India (NSE) with effect from 10th July 2025.

With a market cap of Rs. 5,350 crores, at 12:57 p.m., the shares of Fischer Medical Ventures Limited were trading in the green at Rs. 825 on BSE, up by nearly 4 percent, as against its previous closing price of Rs. 794.8. The stock has delivered positive returns of around 37 percent in one year, but has fallen by over 4 percent in the last month.

What’s the News

According to the latest regulatory filings with the BSE, Fischer Medical Ventures Limited has announced that its equity shares will be listed on the main board of the National Stock Exchange of India (NSE) effective from 10th July 2025. The shares, fully paid-up with a face value of Rs. 10 each, will be traded under the symbol “FISCHER”.

Currently, the company’s shares are actively traded on the BSE under the Scrip Code: 524743. The existing 6,48,51,547 equity shares of face value of Rs. 10 each of the Company will be listed on the Main Board of NSE.

Financials & more

Fischer Medical Ventures reported a significant growth in its revenue from operations, showing a year-on-year rise of around 136 percent from Rs. 20.8 crores in Q4 FY24 to Rs. 49.2 crores in Q4 FY25. In contrast, its net profit decreased during the same period from Rs. 2.6 crores to Rs. 1.3 crores, representing a decline of around 50 percent YoY.

Fischer Medical Ventures Limited, formerly known as Fischer Chemic Limited, is one of the leading traders in medical equipment in India, including magnetic resonance imaging (MRI) machines. Aside from medical devices, FMV holds a diverse portfolio of diagnostic solutions tailored to multiple point-of-care diagnostic solutions.

The company has changed the nature of business from manufacturing of chemicals to trading and manufacturing of medical equipment, including MRI machines, consequent to the share subscription agreement entered by the company with Time Medical International Ventures (India) Private Limited and their Promoters.

Written by Shivani Singh

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Healthcare stock jumps 6% after company announces NSE listing tomorrow appeared first on Trade Brains.