Poly Medicure Acquires Italy's Citieffe Group for €324 Cr to Expand Global Orthopaedics Presence

Poly Medicure Ltd, a leading Indian medical device company, has acquired Italy-based Citieffe Group for Rs. 324 crore, expanding its presence in the global orthopaedics market, particularly in trauma and extremities products. Citieffe, which operates in Italy, the USA, and Mexico, holds significant market shares and boasts a strong patented product portfolio with key regulatory approvals, contributing to its robust 15% revenue growth. Meanwhile, small-cap stocks remain a high-risk, high-reward segment often overlooked by Wall Street, with some companies like Sunrun and Array facing challenges such as declining sales and earnings, while others like UniFirst show slower growth and diminishing returns. Additionally, Parth Electricals & Engineering Ltd, a microcap company specializing in electrical equipment, saw significant market activity after an investment fund sold 1 lakh shares, highlighting fluctuating investor confidence. Bulk and block deals also influenced notable price movements in small-cap stocks like Sammaan Capital, Wheels India, and others, reflecting active trading and investor sentiment shifts in this market segment.