Page 2 - Polycab

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

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

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

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.

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

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 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,

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

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

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

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

Higher sales, price hikes help Havells outperform Polycab

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

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

Consumer Durables index at new high; Voltas, Crompton, Polycab up over 5%

Havells India reported healthy Q3 performance on the back of strong festive demand, market share gains and increased penetration in smaller towns

Polycab India's June quarter reflects deep impact of Covid-19 lockdown

Valuation discount to peers and recovery in certain pockets bode well

From Sanjay Sethi to Ameera Shah, meet new entrants in BS1000 club

The latest members of the BS1000 club have bet on capital expenditure, acquisitions and partnerships for growth

Asian Paints, Berger Paints & 16 other BSE500 stocks hit new highs

Polycab India jumped 6 per cent to hit a new high of Rs 1,109 since its listing on April 16, 2019

Nifty outlook and top trading ideas by CapitalVia Global Research Limited

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Polycab India hits new lifetime high of Rs 950, surges 71% in three months

In Q2FY20, Polycab's net profit more-than-doubled to Rs 194 crore, on the back of strong revenue growth

Polycab India hits highest level since listing, climbs 10% in two days

Polycab India is scheduled to announce July-September quarter (Q2FY20) results on October 23, 2019.

Polycab IPO: Attractive play on wires and cables growth story

Product portfolio, brand strength and financials are the other positives