Polycab India is witnessing an upward trend, currently trading at Rs. 7112.25, reflecting a modest increase of 10.05 points or 0.14% from its last close of Rs. 7102.20 on the BSE.

The stock opened at Rs. 6798.95, hitting an intraday high of Rs. 7169.00 and a low of Rs. 6611.40, with a trading volume of 47,992 shares.

With a face value of Rs. 10, the stock hit its 52-week high of Rs. 7607.15 on October 15, 2024, and its 52-week low of Rs. 3812.35 on January 11, 2024. Over the last week, the stock fluctuated between Rs. 7607.15 and Rs. 6611.40. The company's current market capitalization stands at Rs. 1,06,977.38 crore.

In terms of ownership, promoters hold 63.06%, while institutional and non-institutional investors control 22.83% and 14.11% respectively.

For Q2FY25, Polycab India reported a 4.25% decline in standalone net profit, amounting to Rs. 430.65 crore, compared to Rs. 449.76 crore in the same period last year. Despite this, the company saw a significant 26.84% increase in total income, reaching Rs. 5,443.63 crore, compared to Rs. 4,291.65 crore in the previous year's corresponding quarter.

On a consolidated basis, the company’s net profit rose by 3.59%, reaching Rs. 445.21 crore for Q2FY25, compared to Rs. 429.77 crore in the same quarter last year. Additionally, total income surged by 31.07% to Rs. 5,574.58 crore, compared to Rs. 4,253.02 crore in the prior year’s quarter.