POLYCAB

Polycab India Share Price

₹6,453.00 +151.1 (2.4%)

18 Nov, 2024 13:12

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Performance

  • Low
  • ₹6,258
  • High
  • ₹6,486
  • 52 Week Low
  • ₹3,801
  • 52 Week High
  • ₹7,605
  • Open Price₹6,296
  • Previous Close₹6,302
  • Volume260,318

Investment Returns

  • Over 1 Month -9.37%
  • Over 3 Month -3.32%
  • Over 6 Month -0.58%
  • Over 1 Year + 22.03%
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Polycab India Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 54.1
  • PEG Ratio
  • 4.6
  • Market Cap Cr
  • 97,037
  • P/B Ratio
  • 11.8
  • Average True Range
  • 204.04
  • EPS
  • 119.33
  • Dividend Yield
  • 0.5
  • MACD Signal
  • -91.33
  • RSI
  • 34.89
  • MFI
  • 53.62

Polycab India Financials

Polycab India Technicals

EMA & SMA

Current Price
₹6,453.00
+ 151.1 (2.4%)
pointer
  • stock-down_img
  • Bullish Moving Average 2
  • stock-up_img
  • Bearish Moving Average 14
  • 20 Day
  • ₹6,636.60
  • 50 Day
  • ₹6,731.02
  • 100 Day
  • ₹6,631.39
  • 200 Day
  • ₹6,222.01

Resistance and Support

6326.45 Pivot Speed
  • R3 6,498.00
  • R2 6,449.00
  • R1 6,375.45
  • S1 6,252.90
  • S2 6,203.90
  • S3 6,130.35

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Polycab India Ltd. is a leading manufacturer of electric wires, cables, and electrical consumer durables. The company operates in segments such as Wires and Cables, Fast Moving Electrical Goods (FMEG), and International Business, serving diverse markets globally.

Polycab India has an operating revenue of Rs. 20,128.82 Cr. on a trailing 12-month basis. An annual revenue growth of 28% is outstanding, Pre-tax margin of 13% is healthy, ROE of 21% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -14% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 68 which is a FAIR score but needs to improve its earnings, a RS Rating of 54 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 110 indicates it belongs to a poor industry group of Electrical-Power/Equipmt and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Polycab India Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-17 Quarterly Results
2024-07-18 Quarterly Results
2024-05-10 Audited Results & Dividend
2024-01-18 Quarterly Results
2023-10-18 Quarterly Results

Polycab India F&O

Polycab India Shareholding Pattern

63.06%
7.68%
0.99%
13.49%
0%
12.34%
2.44%

About Polycab India

Polycab India Limited, established in 1996, is a leading manufacturer of wires, cables, and electrical goods in India. They cater to retail and industrial applications, offering a wide range of products for various needs.

Product Portfolio of Polycab India

Wires and Cables: Polycab is a major player in wires and cables, encompassing power cables, control cables, instrumentation cables, optical fiber cables (OFC), solar cables, building cables, flexible wires, and more.
Fast-Moving Electrical Goods (FMEG): In recent years, Polycab has expanded its portfolio to include a diverse range of consumer electrical products like fans, switches, switchgear, LED lights and luminaries, solar inverters, and pumps.

Polycab India - Brand Recognition

Polycab enjoys a strong brand reputation across India, recognized for high-quality products and superior durability. They are actively involved in building and up-scaling passive networking infrastructure for the telecom sector.

Polycab India - Key Achievements

● Pioneered innovative cable technologies and established itself as a leading brand in the Indian wires and cables market.
● Successfully diversified into the FMEG segment, offering a one-stop solution for various electrical needs.
● Built a robust distribution network, ensuring widespread availability of their products across the country.

Future Prospects of Polycab India

● Polycab is well-positioned to capitalize on India's growing infrastructure and housing sectors, which will drive demand for their wires, cables, and electrical goods.
● The company's focus on product innovation and brand building can further strengthen its market position.
● By expanding its product portfolio and distribution network, Polycab can solidify its leadership role in the Indian electrical industry.

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  • NSE Symbol
  • POLYCAB
  • BSE Symbol
  • 542652
  • Chairman & Managing Director
  • Mr. Inder T Jaisinghani
  • ISIN
  • INE455K01017

Similar Stocks to Polycab India

Polycab India FAQs

Polycab India share price is ₹6,453 As on 18 November, 2024 | 12:58

The Market Cap of Polycab India is ₹97036.9 Cr As on 18 November, 2024 | 12:58

The P/E ratio of Polycab India is 54.1 As on 18 November, 2024 | 12:58

The PB ratio of Polycab India is 11.8 As on 18 November, 2024 | 12:58

Polycab India Limited shares are publicly traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).To invest, you'll need a demat account with a brokerage firm that allows trading on these exchanges. You can buy shares of the company by opening a demat account with 5paisa.

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Q2FY23