Polycab India Ltd (POLYCAB) is currently trading at 8,956.05 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Polycab India Limited is India's leading manufacturer of wires and cables, and a significant player in the Fast Moving Electrical Goods (FMEG) space. The company also engages in Engineering, Procurement, and Construction (EPC) projects. In Q3 FY26, Polycab reported a remarkable 46% year-over-year growth in consolidated revenues, mainly driven by strong execution in the wires and cables segment and notable growth in the FMEG sector. The company maintains a strong balance sheet with a net cash position of ₹30.3 billion, despite the pressures from rising commodity prices such as copper and aluminium. Polycab has initiated Project Spring, aiming for multi-year growth through market leadership in B2B, expansion in B2C, and significant international business ramp-up. Polycab's FMEG segment sustained its growth, with the solar business doubling its performance from the previous year, reinforcing Polycab's position as a key player in the electrical goods industry.

Over the past 52 weeks, Polycab India Ltd has traded between a low of ₹6,660.50 and a high of ₹10,128.60. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Polycab India Ltd has a market capitalization of approximately 1,37,597.13. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Polycab India Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 48.04 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 1,37,597.13 Cr, Polycab India Ltd is classified as a Large Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Polycab India Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Polycab India Ltd is 48.04. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

FII holding rose to 18.2% in the March 2026 quarter (Q4), up from 14.8% in the December 2025 quarter.

Kotak cited full valuations and downside risks to profitability, especially if commodity prices correct and if pricing discipline weakens due to UltraTech’s planned entry into wires and cables.

Polycab said its domestic organised wires and cables market share rose to 30-31% in FY26, up from 26-27% in FY25.

Citi reiterated a Buy rating and raised its target price on Polycab to ₹10,500 from ₹9,500 after the Q4FY26 results.