Polycab India Secures ₹64.48 Billion Contract with BSNL for BharatNet Program 1 day ago
Polycab India has entered into a ₹64.48 billion agreement with Bharat Sanchar Nigam Limited (BSNL) to enhance the BharatNet program. This partnership aims to improve broadband connectivity across Indian villages, supporting the government's digital infrastructure initiative. The deal marks Polycab's significant entry into the telecommunications sector and is expected to accelerate rural internet connectivity, boost e-governance, and support the Digital India mission.
Polycab India Ltd. Sees Significant Block Trade on NSE 2 days ago
Polycab India Sets Ambitious Export Growth Target for FY25 May 08, 2025
Polycab India Sets Ambitious EBITDA Margin Targets Amid Strong Financial Performance May 08, 2025
Polycab India Declares Highest Dividend in Seven Years, Approves Subsidiary Merger May 06, 2025
More news about Polycab
06May 25
Polycab India Surpasses Revenue Target, Declares Hefty Dividend
Polycab India reported a 24% YoY revenue increase to Rs 220 billion for FY 2024-25, exceeding its Project Leap FY26 goal of Rs 200 billion a year early. The Board recommended a 350% dividend (Rs 35 per share). The company received an unmodified audit opinion, made key governance appointments, expanded share capital through ESOP allotments, and approved a merger with its subsidiary Uniglobus Electricals and Electronics Private Limited.
06May 25
Polycab India Reports Strong Q4 Results: Net Profit Surges 32.7% to ₹730 Crore, Declares Dividend
Polycab India's Q4 consolidated net profit rose 32.7% year-over-year to ₹730.00 crore. Revenue increased by 24.8% to ₹6990.00 crore, while EBITDA grew to ₹1020.00 crore with a margin of 14.68%. The company declared a dividend of ₹35.00 per share. These results demonstrate strong growth and operational efficiency in the electrical goods sector, despite potential future competition from Aditya Birla Group and Adani Group.
05May 25
Polycab India Sets Date for Q4 and FY 2024-25 Results, Dividend Consideration
Polycab India will release Q4 and FY 2024-25 results on May 6, 2025, along with dividend recommendations. An earnings call is scheduled for May 7, 2025. The company's trading window will be closed until May 8, 2025, two days after the financial results announcement.
Polycab India Ltd. Shares See Significant Block Trade on NSE
A significant block trade of 50,419 shares of Polycab India Ltd. occurred on the NSE at Rs. 5,030.00 per share, totaling Rs. 25.36 crores. This large transaction has drawn market attention, potentially indicating institutional movements or changes in investor positions. While the parties involved remain undisclosed, such trades can sometimes signal shifts in market sentiment.
13Mar 25
Polycab India Secures ₹3,003 Crore BSNL Contract for BharatNet Project in Bihar
Polycab India Limited has won a ₹3,002.99 crore contract from BSNL for the BharatNet project in Bihar. The contract, signed on March 12, 2025, involves designing, supplying, and constructing the middle mile network, as well as maintaining it for 10 years. The project aims to enhance rural digital connectivity in Bihar, with a 3-year construction phase followed by a decade-long maintenance period. This significant deal positions Polycab as a key player in India's telecommunications infrastructure sector.
28Feb 25
Polycab India Ltd. Shares Witness Massive Block Trade on NSE
A significant block trade of Polycab India Ltd. shares occurred on the NSE, involving 222,115 shares at Rs. 4,784.10 per share, totaling Rs. 106.26 crores. This large-scale transaction indicates potential moves by institutional investors or major shareholders, though the parties involved remain undisclosed. While such trades can impact short-term stock movements, they don't necessarily reflect changes in the company's fundamental performance.
27Feb 25
Polycab India Ltd. Witnesses Significant Block Trade Worth Rs. 30.60 Crores on NSE
A substantial block trade of approximately 62,217 shares of Polycab India Ltd. was executed on the National Stock Exchange (NSE) at Rs. 4,918.85 per share, totaling Rs. 30.60 Crores. This transaction highlights ongoing market interest in the leading cable and wire manufacturer.