Polycab India Shows Strong Recovery Amid Broader Market Gains and Resilience

Polycab India, a prominent player in the electrical cables industry, has shown significant activity today, gaining 3.26% on August 4, 2025. This performance marks a notable trend reversal, as the stock has rebounded after three consecutive days of decline. The stock reached an intraday high of Rs 6923.15, reflecting a 3.36% increase during the trading session. In terms of market performance, Polycab India has outperformed its sector by 2.09%, showcasing its resilience in a competitive landscape. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. On the broader market front, the Sensex has also experienced a positive day, climbing 223.39 points to reach 80,989.22, a 0.48% increase. While the Sensex is trading below its 50-day moving average, the mid-cap segment is leading the market with a gain of 1.09%. Overall, Polycab India's recent performance highlights its robust position in the market, reflecting a strong recovery and positive momentum amidst broader market trends.