Polycab India Ltd Sees Trading Value Surge to Rs 15,565.38 Lakhs Today

Polycab India Ltd, a prominent player in the Cables - Electricals industry, has emerged as one of the most active equities today, with a total traded volume of 206,558 shares and a total traded value of approximately Rs 15,565.38 lakhs. The stock opened at Rs 7,580.0 and reached a day high of Rs 7,600.0, while the day low was recorded at Rs 7,431.5. As of the latest update, the last traded price (LTP) stands at Rs 7,446.0.
Despite its active trading, Polycab India has underperformed its sector by 0.64% today, reflecting a 1.23% decline in its stock price. This marks the third consecutive day of losses, with a total decline of 1.98% over this period. Notably, the stock remains close to its 52-week high, just 2.78% away from Rs 7,714.

Investor participation has seen a notable increase, with delivery volume rising by 41.52% compared to the five-day average, indicating heightened interest. The stock's liquidity remains robust, accommodating trade sizes of Rs 5.12 crore based on 2% of the five-day average traded value. Overall, Polycab India continues to navigate a dynamic market landscape while maintaining a significant market capitalization of Rs 1,11,994.28 crore.