Polycab India Shows Short-Term Gains Amid Broader Market Uptrend

Polycab India, a prominent player in the cable industry, has shown notable activity today, gaining 3.02% on March 25, 2025. This performance has allowed the stock to outperform its sector by 2.33%. Over the past two days, Polycab India has recorded a consecutive gain, rising 3.61% during this period. The stock reached an intraday high of Rs 5188, reflecting a 3.33% increase.
In terms of moving averages, Polycab India is currently positioned higher than its 5-day and 20-day moving averages, but remains below the 50-day, 100-day, and 200-day moving averages.

In the broader market context, the Sensex has continued its upward trajectory, climbing 203.73 points to reach 78,500.01, marking a 0.66% increase. The Sensex has been on a three-week consecutive rise, gaining 7.24% during this time. While Polycab India has faced challenges in the longer term, with a year-to-date performance down by 28.67%, its three-year and five-year performances remain strong, showing increases of 111.86% and 714.16%, respectively.