Polycab
7,017.50
+89.50(+1.29%)
Market Cap₹1,05,640.37 Cr
PE Ratio39.23
Company Performance:
1D+1.29%
1M-7.13%
6M+2.63%
1Y+23.66%
5Y+485.87%
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More news about Polycab
19Jan 26
Polycab India Expects 2-4% Price Rise from BEE Regulations, Export Margins Outshine Domestic
Polycab India announces 2-4% price increase from January 1st due to new BEE regulations while highlighting superior export margins of 15% EBITDA compared to domestic operations. The company maintains positive Q4 outlook with expected sequential margin improvements and continued growth in solar business segment.
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16Jan 26
Polycab India Limited Makes Q3 FY26 Earnings Conference Call Audio Recording Available
Polycab India Limited has uploaded the audio recording of its Q3 FY26 earnings conference call held on January 16, 2026, to its website in compliance with SEBI regulations. The call featured senior management discussing performance for the quarter ended December 31, 2025, followed by an interactive Q&A session with investors and analysts. The company formally notified both BSE and NSE about the availability of this recording.
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16Jan 26
Polycab India Reports Record Q3FY26 Revenue of ₹76,361 Million with Strong 46% YoY Growth
Polycab India Limited achieved record Q3FY26 revenue of ₹76,361 million with 46% YoY growth, driven by exceptional performance in the Wires & Cables segment. EBITDA grew 34% YoY to ₹9,661 million while PAT increased 36% YoY to ₹6,302 million. The company crossed ₹200 billion in nine-month revenues, reflecting strong business momentum across segments.
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16Jan 26
Polycab India Reports Record Q3 FY26 Results with Revenue of ₹76,361 Million
Polycab India Limited reported exceptional Q3 FY26 results with record revenue of ₹76,361 million (up 46% YoY), EBITDA of ₹9,661 million (up 34% YoY), and PAT of ₹6,302 million (up 36% YoY). The company achieved a historic milestone with nine-month revenue surpassing ₹200 billion for the first time, reaching ₹2,00,193 million with 30% YoY growth. Strong performance was driven by exceptional execution in Wires & Cables business (53% growth) and sustained momentum in Fast-Moving Electrical Goods segment (17% growth).
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16Jan 26
Polycab India Q3FY26 Results: Revenue Surges 46.18% YoY to ₹76,361 Crores
Polycab India Limited reported exceptional Q3FY26 results with consolidated revenue surging 46.18% YoY to ₹76,361.28 crores and net profit growing 35.71% to ₹6,301.68 crores. The Wires and Cables segment led growth with 54% revenue increase, while FMCG and EPC segments also showed positive momentum. The Board approved redesignation of two Executive Directors to Joint Managing Directors and re-appointed an Independent Director, demonstrating strong governance and leadership continuity.
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16Jan 26
Polycab India Q3FY26 Results: Revenue Surges 46% to ₹76,361 Crores, Net Profit Up 36%
Polycab India Limited reported outstanding Q3FY26 results with consolidated revenue surging 46.16% YoY to ₹76,361.28 crores and net profit growing 35.71% to ₹6,216.90 crores. Nine-month performance was equally impressive with revenue up 29.82% and net profit rising 46.88%. The Board approved key leadership changes including redesignation of two Executive Directors to Joint Managing Directors and re-appointment of an Independent Director.
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16Jan 26
Polycab India Reports Strong Q3FY26 Performance with 46.2% Revenue Growth
Polycab India Limited reported exceptional Q3FY26 results with consolidated revenue growing 46.2% YoY to ₹76,361.28 crores and net profit increasing 35.7% to ₹6,216.90 crores. The company's nine-month performance remained strong with revenue up 29.8% and net profit growing 46.9%. The board approved key leadership changes, redesignating two executive directors as joint managing directors and re-appointing an independent director.
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16Jan 26
Polycab India Q3 Results: 46% Revenue Growth Offset by Margin Pressure
Polycab India delivered strong Q3FY26 revenue growth of 46% to ₹7,636 crores, surpassing street estimates, but faced margin pressure with EBITDA margins declining to 12.66% from 13.80% due to increased advertising and finance costs. The company announced leadership changes with new Joint Managing Director appointments while shares declined 2.8% post-results.
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16Jan 26
Polycab India Q3: Revenue Up 46%, EBITDA Grows 34% But Margins Compress
Polycab India delivered robust Q3 results with revenue surging 46% to ₹7,640 crores and net profit growing 35% to ₹620 crores year-on-year. EBITDA increased 34% to ₹966 crores, but margins compressed to 12.7% from 13.8%, indicating cost pressures despite strong operational performance in the cables and electrical equipment sector.
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14Jan 26
Polycab India Shares Drop 3% Following Rs 590 Crore Block Deal Transaction
Polycab India shares declined nearly 3% following a Rs 590 crore block deal involving 7.98 lakh shares at Rs 7,387.50 per share. A domestic mutual fund reportedly sold its 0.53% equity stake, though the seller remains unconfirmed. Despite this decline, the electrical goods manufacturer has shown mixed performance with 14.10% gains over one year but 3.68% decline year-to-date.
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14Jan 26
Polycab Shares Decline 3% Following $135 Million Block Deal on NSE
Polycab India shares declined up to 3% to ₹7,328 following a significant $135 million block trade on NSE, with shares offered at a 2.7% discount by a likely domestic mutual fund. The transaction, brokered by Kotak Capital and Citi, generated 3.6 times normal trading volume. Despite the day's decline, the stock has gained 14.42% over 12 months, with 25 of 36 analysts maintaining buy ratings and consensus price targets suggesting 13.7% upside potential.
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14Jan 26
Polycab India Records ₹562.20 Crore Block Trade on NSE at ₹7,350 Per Share
Polycab India Limited executed a major block trade on NSE worth ₹562.20 crores, involving 764,902 shares at ₹7,350 per share. The transaction reflects significant institutional activity and demonstrates strong investor interest in the cable manufacturer's stock through the block trade mechanism.
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13Jan 26
JPMorgan Initiates Overweight Coverage on Polycab and KEI Industries with Strong Upside Targets
JPMorgan initiated overweight coverage on Polycab India (target ₹8,900, 17% upside) and KEI Industries (target ₹5,250, 20% upside), citing strong cable sector fundamentals. India's cables and wires industry reached ₹90,000 crore in FY25, growing at 13% during FY23-FY25, with projections of 13-14% CAGR through FY30. The sector benefits from structural demand drivers and India's emergence as net exporter with 19% export CAGR. While both companies are well-positioned with JPMorgan's FY27 EPS estimates 8-12% above consensus, rising competition from large conglomerates entering the organized wires segment poses margin pressure risks.
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12Jan 26
Polycab India Limited Allots 8,650 Equity Shares Under Employee Stock Option Scheme 2018
Polycab India Limited allotted 8,650 equity shares of ₹10.00 face value each to eligible employees under the Employee Stock Option Performance Scheme 2018. The Finance and Operations Committee approved this allotment on January 12, 2026, representing successful exercise of stock options by qualifying employees. The company has notified both BSE and NSE about this corporate action, maintaining regulatory compliance and transparency in employee stock option implementation.
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12Jan 26
JPMorgan Initiates Overweight Rating on Polycab India with ₹8,900 Target Price
JPMorgan has initiated coverage on Polycab India Limited with an overweight rating and a target price of ₹8,900.00 per share. The positive rating indicates the investment bank's favorable view of the electrical equipment manufacturer's prospects relative to sector peers.
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05Jan 26
Polycab India Limited Appoints Shashi Amin as CEO-B2B Channel and Corporate Communication
Polycab India Limited has appointed Mr. Shashi Amin as Director (Non-Board Member) and CEO-B2B Channel & Corporate Communication effective January 05, 2026. The 58-year-old executive brings over 37 years of cable industry experience, including a previous tenure with Polycab from 2011-2022. This strategic appointment follows the resignation of Mr. Bhushan Sawhney and aims to strengthen leadership in the company's B2B vertical operations.
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05Jan 26
Polycab India Sees Major Block Trade Worth ₹610.34 Crores on NSE
Polycab India Limited executed a major block trade on NSE involving 792,644 shares at ₹7,700 per share, totaling ₹610.34 crores. The substantial transaction indicates significant institutional investor activity in the cable manufacturer's stock through the block trade mechanism.
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03Jan 26
Polycab India Limited Announces Q3FY26 Earnings Conference Call for January 16, 2026
Polycab India Limited has scheduled an earnings conference call for January 16, 2026, at 4:00 PM IST to discuss Q3FY26 results with investors and analysts. The 60-minute call will include management discussion and Q&A session, with access provided through multiple domestic and international numbers. As India's largest wires and cables manufacturer with ₹224+ billion turnover in FY25, Polycab operates 27 manufacturing facilities and serves customers across 84 countries through 4,300+ dealers and 200,000+ retail outlets.
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18Dec 25
Polycab India Limited Clarifies Increased Trading Volume Following BSE Inquiry
Polycab India Limited has responded to BSE's inquiry about increased trading volume in its shares. The company stated it has made all necessary disclosures under SEBI regulations and has not withheld any material or price-sensitive information. Polycab attributed the increased trading volume to market-driven factors beyond its control or knowledge.
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17Dec 25
Polycab India Sees Major Block Trade Worth ₹544.32 Crores on NSE
A substantial block trade of Polycab India Limited shares occurred on the National Stock Exchange (NSE). The transaction involved 756,782 shares at ₹7,192.50 per share, totaling ₹544.32 crores. This large-volume trade, typically executed by institutional investors, indicates significant interest in the cable manufacturing company's stock.
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12Dec 25
Polycab India Achieves 'B' Rating from Carbon Disclosure Project for Climate and Water Stewardship
Polycab India Limited has received a 'B' rating from the Carbon Disclosure Project (CDP) for both Climate Change and Water Security categories. The company excelled in areas such as context evaluation, environmental policies, and opportunity disclosure, receiving 'A' grades. Areas for improvement include pricing environmental externalities, Scope 3 emissions, and water pollution management. This disclosure was made in compliance with SEBI Listing Regulations.
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11Dec 25
Morgan Stanley Maintains Overweight Rating on Polycab with Target Price of ₹8,672
Morgan Stanley has maintained its Overweight rating on Polycab India Limited with a target price of ₹8,672 per share. The positive rating indicates the investment bank's confidence in the cables sector company's prospects and suggests potential outperformance relative to the broader market.
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28Oct 25
Polycab India Appoints Niyant Maru as New Chief Financial Officer
Polycab India Limited has appointed Niyant Maru as its new Chief Financial Officer, effective October 28, 2025. Maru, previously serving as Executive President - Finance since October 17, 2025, will now be a Whole-Time Key Managerial Personnel. In his new role, Maru is authorized to make material disclosures to stock exchanges, aligning with SEBI regulations. The company has officially notified both BSE and NSE about this leadership change.
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20Oct 25
Polycab India Sets Ambitious EBITDA Margin Targets for FMEG Segment and Overall Business
Polycab India Limited has announced EBITDA margin targets during a recent conference call. The company aims for an 8-10% EBITDA margin in its Fast Moving Electrical Goods (FMEG) segment by fiscal year 2030. For its overall business, Polycab maintains a long-term EBITDA margin target of 11-13% over the next five years, despite currently exceeding this range. This conservative outlook suggests the company is preparing for potential market fluctuations or increased competition.
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17Oct 25
Polycab India Reports Strong Q2 FY26 Results with 17.8% Revenue Growth and Appoints Interim CFO
Polycab India Ltd. announced its Q2 FY26 results, showing significant growth. Consolidated revenue increased by 17.8% to ₹64,772.11 million, while net profit surged 55.6% to ₹6,929.59 million compared to Q2 FY25. The Wires & Cables segment generated ₹56,911.30 million in revenue, with FMEG and EPC segments contributing ₹4,521.84 million and ₹4,023.90 million respectively. The company's earnings per share for the quarter was ₹45.54. Additionally, Mr. Niyant Maru has been appointed as Executive President - Finance and will assume the role of CFO from October 28, 2025, for a nine-month term.
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25Sept 25
Polycab India Promoters Offload 1.51% Stake in ₹1,695 Crore Block Deal
Promoter group members of Polycab India executed a block deal, selling 22.73 lakh shares (1.51% equity) for ₹1,695 crore at ₹7,458.00 per share. The sellers include Inder T. Jaisinghani, Ramesh T. Jaisinghani, Ajay T. Jaisinghani, and others. Promoters agreed to a 90-day lock-in period post-transaction. The sale follows strong Q1 FY24 results with net profit up 50% to ₹600 crore, revenue up 25.70% to ₹5,651 crore, and EBITDA up 47.10% to ₹858 crore. EBITDA margins improved to 14.50%.
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24Sept 25
Polycab India Promoters to Offload 0.81% Stake in ₹888 Crore Block Deal
Promoter entities of Polycab India plan to sell up to 0.81% of their equity stake through a block deal valued at approximately ₹887.60 crore. The floor price is set at ₹7,300.00 per share, a 3.09% discount to the last traded price. Seven promoter group members are participating in the sale. Polycab recently reported strong quarterly results with net profit of ₹600.00 crore (50% YoY growth), revenue of ₹5,906.00 crore (25.7% YoY growth), and EBITDA of ₹858.00 crore (47.1% YoY growth). The company's shares closed at ₹7,522.40, down 1.52% in the latest trading session.
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05Sept 25
Polycab India Appoints Vivek Sharma as Deputy Managing Director
Polycab India Limited has appointed Vivek Sharma as Deputy Managing Director (Non-Board Member) for a five-year term, effective October 4, 2021. Sharma brings over 35 years of experience in the consumer electricals and durables sector, previously serving as Managing Director at Panasonic Life Solutions India. He holds a Physics degree, an MBA in Marketing, and has completed management courses from IIMs. The appointment, approved by the Board of Directors, aims to strengthen Polycab's executive leadership and drive future growth initiatives.
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12Aug 25
Polycab India Executes Rs. 100.71 Crore Block Trade on NSE
Polycab India Ltd., a leading electrical goods manufacturer in India, executed a significant block trade on the National Stock Exchange (NSE). The transaction involved 149,094 shares at Rs. 6,754.50 per share, totaling Rs. 100.71 crores. This large-scale trade may indicate substantial investor interest in the company's shares and could potentially influence short-term market sentiment.
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05Aug 25
Polycab India CFO Gandharv Tongia to Step Down by October 2025
Gandharv Tongia, Executive Director and CFO of Polycab India Limited, has resigned citing personal reasons. His resignation will be effective on or before October 27, 2025. The company's Board and Management have acknowledged Tongia's contributions. This announcement was made in compliance with SEBI regulations and communicated to both BSE and NSE. Polycab India Limited, a leading manufacturer of wires and cables, has not yet announced a successor for the CFO position.
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25Jul 25
Polycab India Reports Record Q1 Results with 26% Revenue Growth and 47% EBITDA Surge
Polycab India Limited achieved its highest-ever Q1 revenue, growing 26% year-on-year. The Wires and Cables segment saw 31% revenue growth with over 25% volume increase. EBITDA surged 47% with margins expanding to 14.50%. PAT reached ₹6.00 billion, up 49%. The FMEG business grew 18% and turned profitable. International business increased 24%. The company secured BharatNet orders worth ₹80.00 billion. Polycab maintains a strong financial position with ₹31.00 billion net cash.
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18Jul 25
Polycab India Reports Strong Q1 FY26 Results with 26% Revenue Growth
Polycab India Limited announced robust Q1 FY26 financial results. Consolidated revenue increased by 26% YoY to ₹59,060.00 million. EBITDA grew 47% YoY to ₹8,576.00 million, with margin expanding to 14.5%. Net profit surged 49% YoY to ₹5,997.00 million. The Wires and Cables segment saw 31% revenue growth, while FMEG business turned profitable. EPC segment revenue declined 19% YoY. International business grew 24% YoY. The company's net cash position improved to ₹31,160.00 million. A final dividend of ₹35.00 per equity share for FY25 was approved and paid.
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17Jul 25
Polycab India: Q1 Profit Soars 50%, Revenue Up 26%
Polycab India Ltd announced impressive Q1 financial results, exceeding analyst expectations across key metrics. The company reported a revenue of ₹5,906.00 crore, up 26% year-over-year, and a net profit of ₹592.00 crore, marking a 50% increase. EBITDA grew to ₹858.00 crore, with the EBITDA margin improving to 14.52%. These results significantly outperformed analyst projections, demonstrating robust growth and improved profitability for the company.
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23Jun 25
Polycab India Ltd: Last Chance to Secure Record Rs 35 Per Share Dividend
Polycab India Ltd has declared a dividend of Rs 35.00 per share, with June 23 as the last date to buy shares for eligibility. The record date is set for June 24, and the total dividend payout amounts to Rs 526.00 crore. Jefferies maintains a 'buy' rating on the stock, raising the target price to Rs 7,050.00.
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17Jun 25
Polycab India Secures ₹64.48 Billion Contract with BSNL for BharatNet Program
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.
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17Jun 25
Polycab India Ltd. Sees Significant Block Trade on NSE
A significant block trade of 95,346 shares of Polycab India Ltd. was executed on the National Stock Exchange (NSE), valued at Rs. 57.75 crores. The trade was conducted at Rs. 6,057.00 per share, potentially indicating investor confidence in the company's market position and future prospects. Polycab India is a leading manufacturer of electrical wires, cables, and other electrical goods in India.
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08May 25
Polycab India Sets Ambitious Export Growth Target for FY25
Polycab India, a leading manufacturer of wires, cables, and FMEG, plans to increase its export contribution from 6% to 10% of overall revenue by FY25 as part of Project Spring. The company reports a strong international order book from the Middle East, Europe, and Australia, to be fulfilled over the next year. This strategic move aims to expand Polycab's global footprint, diversify revenue streams, and enhance brand recognition in key international markets.
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08May 25
Polycab India Sets Ambitious EBITDA Margin Targets Amid Strong Financial Performance
Polycab India, a leading cables and wires manufacturer, has announced its financial goals during a recent conference call. The company aims to maintain EBITDA margins of 11-13% for its cables and wires business in the near to mid-term, and targets overall EBITDA margins of 8-10% by FY30. Polycab expects to outperform the market growth, which is anticipated to be 1.5x to 2x of real GDP growth. The company has planned a capital expenditure of Rs 9.60 billion for FY25. Polycab's Q4 FY2024 results show strong growth with revenue up 25.77% YoY to Rs 6,898.20 crore, EBITDA up 53.66%, and net profit up 59.51%.
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06May 25
Polycab India Declares Highest Dividend in Seven Years, Approves Subsidiary Merger
Polycab India Ltd. has declared a final dividend of ₹35 per share (350%) for FY 2024-25, its highest in seven years. The board approved a merger with its wholly-owned subsidiary, Uniglobus Electricals and Electronics Private Limited, effective April 1, 2025. The company also appointed new auditors and will report its EPC business as a separate segment. The paid-up equity share capital increased to 15,04,25,898 shares due to allotment under the Employee Stock Option Scheme.
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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.
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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.
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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.
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26Mar 25
Polycab India Bolsters Leadership: Appoints Rakesh Rajput as President & Head of B2B Sales
Polycab India Limited has appointed Rakesh Rajput as the new President and Head of B2B Sales for the North and East regions, effective March 25, 2025. Rajput, 55, brings over 33 years of experience in the electrical engineering sector, previously serving as Executive Vice President at Havells India Limited. He holds a B.Tech in Electrical Engineering and a PG Diploma in Marketing Management. This strategic appointment aims to strengthen Polycab's position in the B2B segment of the electrical goods market.
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24Mar 25
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.
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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.
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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.
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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.
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Polycab
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+89.50
(+1.29%)
1 Year Returns:+23.66%
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