Polycab India Hits New 52-Week High of Rs. 7770, Showcases Strong Momentum

Polycab India has reached a significant milestone by hitting a new 52-week high of Rs. 7,770 on October 10, 2025. This achievement underscores the company's strong market position within the electrical cables industry, where it stands as a leading midcap player.
Today, Polycab India outperformed its sector by 1.21%, continuing a positive trend with a 2.31% increase over the last two days. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust momentum.

In terms of financial performance, Polycab India has demonstrated impressive growth, with net sales increasing at an annual rate of 24.63% and operating profit rising by 29.46%. The company's low debt-to-equity ratio and a return on capital employed of 31.10% highlight its strong profitability and financial health.

With a market capitalization of Rs. 1,14,945 crore, Polycab India constitutes 38.47% of its sector, further solidifying its leadership position. The stock's consistent performance over the past year, generating a return of 4.11%, reflects its resilience in a competitive market landscape.