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. 7770 on October 10, 2025. This achievement underscores the company's robust performance in the electrical cables sector, where it holds a dominant position with a market capitalization of Rs. 1,14,945 crore, representing 38.47% of the entire industry.
The stock has shown consistent upward momentum, outperforming its sector by 1.21% today and recording a 2.31% gain over the past two days. Polycab India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong technical support.

In the past year, Polycab India has delivered a return of 4.11%, significantly outperforming the Sensex, which has seen a return of 1.02%. The company's financial health is reflected in its impressive growth metrics, with net sales increasing at an annual rate of 24.63% and operating profit rising by 29.46%. Additionally, Polycab India boasts a low debt-to-equity ratio and a high return on capital employed, further solidifying its position as a leader in the electrical cables industry.