Polycab India is currently trading at RS. 5036.20, marking an increase of 25.60 points or 0.51% from its previous closing of RS. 5010.60 on the BSE.
The stock opened at RS. 5080.05 and recorded a high of RS. 5105.75 and a low of RS. 5011.05. A total of 6,782 shares have been traded so far.
The company's 52-week high stands at RS. 7607.15 (recorded on 15-Oct-2024), while its 52-week low is RS. 4557.45 (recorded on 28-Feb-2025). Over the past week, the stock has fluctuated between RS. 5107.75 and RS. 4805.00. The current market capitalization of Polycab India is RS. 75,880.84 crore.
In terms of shareholding, promoters hold 63.05%, while institutions and non-institutions own 23.41% and 13.54%, respectively.
Polycab India has signed an agreement with BSNL as the Project Implementation Agency (PIA) for the Bharat Net middle mile network in the Bihar Telecom Circle under Package No. 7. The project is valued at RS. 3002.99 crore (inclusive of GST), comprising RS. 1549.66 crore for Capex, RS. 929.79 crore for Opex of the new network, and RS. 523.53 crore for Opex of the existing network.
Polycab India specializes in manufacturing and selling wires, cables, and fast-moving electrical goods (FMEG) under the ‘POLYCAB’ brand.