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Polycab

Polycab up 4% on emerging as L1 bidder for Rs 4,099 crore project from BSNL

The deal's tenure includes 3 years for construction and 10 years for maintenance contracts at 5.5 per cent per annum of capex for the first 5 years and 6.5 per cent per annum for the next 5 years

Polycab up 4% on emerging as L1 bidder for Rs 4,099 crore project from BSNL
Updated On : 06 Nov 2024 | 12:44 PM IST

Havells, Polycab flip the switch on high-voltage growth potential

Margin constraints could trip up earnings performance

Havells, Polycab flip the switch on high-voltage growth potential
Updated On : 20 Oct 2024 | 11:11 PM IST

Polycab India Q2 results: PAT up 3.4% at Rs 440 cr, misses expectations

Revenue from operations rose 30.4% to Rs 5,498 crore, beating analysts' estimate of Rs 4,956 crore

Polycab India Q2 results: PAT up 3.4% at Rs 440 cr, misses expectations
Updated On : 17 Oct 2024 | 8:39 PM IST

Polycab India share price soars 6%, hits record high on positive outlook

Polycab India share surpassed its previous high of Rs 7,330 touched on June 25, 2024.

Polycab India share price soars 6%, hits record high on positive outlook
Updated On : 01 Oct 2024 | 1:57 PM IST

Nuvama says 'Buy' Polycab India for 25% upside, raises target; Here's why

The brokerage, however, has maintained its 'Buy' rating on the scrip.

Nuvama says 'Buy' Polycab India for 25% upside, raises target; Here's why
Updated On : 06 Sep 2024 | 9:04 AM IST

Polycab India shares rise 3% after UBS initiates 'buy'; check out target

UBS is bullish on Polycab India on the back of better-than-expected domestic volume growth, domestic market share gains, and a distribution-led export business model

Polycab India shares rise 3% after UBS initiates 'buy'; check out target
Updated On : 20 Aug 2024 | 10:45 AM IST

Near-term outperformance likely to sustain for Polycab and Havells

Polycab's Q1FY25 revenue stood at Rs 4,700 crore, up 21 per cent Y-o-Y, with the operating profit margin up 6 per cent Y-o-Y to Rs 580 crore

Near-term outperformance likely to sustain for Polycab and Havells
Updated On : 19 Jul 2024 | 10:50 PM IST

Polycab India Q1 results: Net profit falls marginally to Rs 401.62 cr

Wires and cables maker Polycab India Ltd on Thursday reported a marginal decline in consolidated net profit to Rs 401.62 crore in the June 2024 quarter, impacted by higher expenses. The company had posted a consolidated net profit of Rs 403.16 crore in the same period last fiscal, Polycab India said in a regulatory filing. Consolidated revenue from operations stood at Rs 4,698 crore in the first quarter as against Rs 3,889.38 crore in the year-ago period, it added. Total expenses were higher at Rs 4,223.06 crore compared to Rs 3,422.88 crore in the same period of the previous fiscal, the company said. The wires and cables segment clocked a revenue of Rs 3,942.12 crore in the first quarter, up from Rs 3,553.77 crore a year ago. The fast moving electric goods (FMEG) segment had a revenue of Rs 385.49 crore over Rs 314.54 crore in the corresponding period in FY24, the company said.

Polycab India Q1 results: Net profit falls marginally to Rs 401.62 cr
Updated On : 18 Jul 2024 | 4:08 PM IST

This stock has zoomed 1172% against IPO price in 5 yrs; m-cap hits Rs 1 trn

At 12:02 PM; Polycab India was trading 4% higher at Rs 6,736.80 on the BSE

This stock has zoomed 1172% against IPO price in 5 yrs; m-cap hits Rs 1 trn
Updated On : 21 May 2024 | 2:56 PM IST

BSE 200 scorecard: From IGL to Zee, reading the tea leaves from FPI move

Krishna Kant and Ram Prasad Sahu track the investments made by foreign portfolio investors in BSE 200 companies - a move that is seen as pivotal to the future of a stock on bourses

BSE 200 scorecard: From IGL to Zee, reading the tea leaves from FPI move
Updated On : 22 Jan 2024 | 11:40 PM IST

Polycab India Q3 profit rises 15.4% on healthy cables, wires demand

Consolidated net profit rose to 4.13 billion rupees ($49.7 million) in the three months ended Dec. 31 from 3.58 billion rupees a year earlier

Polycab India Q3 profit rises 15.4% on healthy cables, wires demand
Updated On : 18 Jan 2024 | 10:36 PM IST

US-based Capital Group sells Polycab India's shares worth Rs 337 crore

Financial Services company Capital Group on Thursday sold shares of electrical goods company Polycab India for Rs 337 crore through an open market transaction. US-based Capital Group through its affiliate SmallCap World Fund Inc offloaded shares of Polycab India on the National Stock Exchange (NSE). According to the bulk deal data with the NSE, SmallCap World Fund Inc disposed of 8,51,003 shares of Polycab India. The shares were offloaded at an average price of Rs 3,955.87 apiece, taking the deal value to Rs 336.64 crore. Details of the buyers could not be ascertained. On Thursday, the scrip of Polycab India nosedived 20.50 per cent to close at Rs 3,904.70 per piece on the NSE.

US-based Capital Group sells Polycab India's shares worth Rs 337 crore
Updated On : 11 Jan 2024 | 10:19 PM IST

I-T officials search 50 offices, facilities of Polycab India; shares fall

BSE said that it has sought clarification from Polycab India on the reports of tax raids

I-T officials search 50 offices, facilities of Polycab India; shares fall
Updated On : 22 Dec 2023 | 12:22 PM IST

Polycab India's Q1 profit soars 82% on higher demand of wires, cables

The company's shares rose as much as 3.6% to hit a record high of 4,055 rupees after the results

Polycab India's Q1 profit soars 82% on higher demand of wires, cables
Updated On : 18 Jul 2023 | 2:37 PM IST

Polycab India consolidated PAT rises 31.68% to Rs 428 crore in Q4

Electrical goods company Polycab India on Friday reported a 31.68 per cent growth in consolidated profit after tax (PAT) during the quarter ending March 31, at Rs 428.41 crore compared to the same period of the previous financial year. The company's PAT stood at Rs 325.33 crore during the corresponding period of the previous fiscal, Polycab India said in a regulatory filing. Revenue from operations of the company increased by 8.90 per cent at Rs 4,323.68 crore during the quarter under review compared to Rs 3,969.98 crore in the same period of the previous fiscal. In FY23, the PAT of the company witnessed 51.70 per cent growth at Rs 1,282.25 crore compared to Rs 845.23 crore in the previous fiscal. Revenue from operations of the company in FY23 grew by 15.60 per cent to Rs 14,107.77 crore compared to Rs 12,203.76 crore in the previous financial year. FY23 was a remarkable year for the company, as we surpassed revenues of Rs 14,000 crore and profitability threshold of Rs 1,000 crore,

Polycab India consolidated PAT rises 31.68% to Rs 428 crore in Q4
Updated On : 12 May 2023 | 9:27 PM IST

Healthy near-term growth outlook for Polycab India after record Q3 profit

Weak margin trajectory of the FMEG segment and valuations could limit upside

Healthy near-term growth outlook for Polycab India after record Q3 profit
Updated On : 25 Jan 2023 | 12:24 PM IST

Polycab India Q4 net profit rises 20% to Rs 325 cr; revenue up 35%

Wires and cables manufacturer Polycab India on Tuesday reported a 20 per cent year-on-year rise in net profit to Rs 325.33 crore for the fourth quarter ending March 31. The company's net profit was Rs 271.06 crore in the year-ago quarter, Polycab India said in a BSE filing. Revenue from operations during the quarter under review increased 34.90 per cent to Rs 3,969.98 crore compared to Rs 2,942.74 crore a year ago. For FY22, the company's net profit rose marginally by 3.53 per cent to Rs 917.28 crore compared to Rs 885.93 crore in FY21. In 2020-21, revenue from operations surged 38.80 per cent to Rs 12,203.76 crore from Rs 8,792.23 crore in FY21. "Our strong performance in fiscal year 2022 was underpinned by the extraordinary efforts of our team to achieve new milestones even in one of the most uncertain environments. We delivered accelerated business growth, record free cash flow, healthy returns on capital and market-leading shareholder returns. "We will champion our renewed pu

Polycab India Q4 net profit rises 20% to Rs 325 cr; revenue up 35%
Updated On : 10 May 2022 | 6:07 PM IST

Nifty longs can be held with a stop at 17,200, recommends Vinay Rajani

The technical analyst from HDFC Securities expects CDSL and Polycab to perform well

Nifty longs can be held with a stop at 17,200, recommends Vinay  Rajani
Updated On : 15 Dec 2021 | 8:44 AM IST

Higher sales, price hikes help Havells outperform Polycab

Demand recovery may help both companies post improved show in the coming quarters

Higher sales, price hikes help Havells outperform Polycab
Updated On : 23 Jul 2021 | 10:01 PM IST

Sustained growth In fast moving electronics, higher B2C mix to aid Polycab

Despite the correction on Monday, analysts are positive on the stock given multiple triggers

Sustained growth In fast moving electronics, higher B2C mix to aid Polycab
Updated On : 26 Jan 2021 | 10:58 PM IST