Polycab India Share Price History & Returns (2019 To 2024)

Show Table of Contents

Table of Contents

• 1: Polycab India Share Highlights
• 1.1: 52-Week High Low
• 1.2: All Time High
• 2: Short Info About Polycab India
• 3: Polycab India Recent Performance
• 4: Polycab India Share Price Chart From 2019 to 2024
• 5: Polycab India Share Price History Table From 2019 to 2024
• 6: Analyzing the Impact of Investing in Polycab India
• 6.1: Polycab India Share Returns In Last 5 Years
• 6.2: Polycab India Share VS FD (Normal) VS FD (Compounding)

Polycab India Share Highlights

As of Fri 26 Jul 2024, Polycab India Share price is ₹6,548.5 which is ₹782.95 below 52-week high of ₹7,331.45 and ₹2,747.50 above 52-week low of ₹3,801

52-Week High Low

• Polycab India 52-Week High is ₹7,331.45 occured on Tue 25 Jun 2024
• Polycab India 52-Week Low is ₹3,801 occured on Thu 11 Jan 2024

All Time High

• The all-time high or the highest price that Polycab India shares have ever touched was ₹7,331.45 and this occurred on Tue 25 Jun 2024.
• The highest closing price at which Polycab India shares have ever closed was ₹7,260.6 recorded on Mon 24 Jun 2024.

Short Info About Polycab India

Polycab India: A Pioneer in the Indian Electrical Industry

Electricity as a secondary energy source is useless if we cannot transport it from the point of generation to the point of usage. Wires & cables provide its solution by providing a safe medium to transfer electricity from one place to another. The cables are used not only for transferring electricity but also for communication. Considering India’s status of a developing economy and immense opportunity in wires & cables, Polycab India Ltd. was established.

January 1996: Polycab Wires Pvt. Ltd. was incorporated.
June 2000: It became a deemed public company & its name was changed to Polycab Wires Ltd.
October 2018: The name of the company was changed to Polycab India Ltd.
April 2019: It got listed on the Indian stock market.

It started in 1964 as Sind Electric Stores. It sells cables, wires, fans, lighting & luminaires, switches, switchgear, etc., with its business divided into three segments: Wires & Cables, Fast Moving Electrical Goods (FMEG) and International business. Over 80% of its revenue comes from the wires & cables business.

It has a 24% market share and has 24+ manufacturing facilities exporting to over 69+ countries. Its products are shipped to all of the 6 habitable continents. Various indices have it as its constituent, such as the Nifty 200, Nifty India Manufacturing Index.

It has shown consistent growth in its PAT, due to which it has provided 5 times return within 5 years of listing. Let’s go through the historical share price of Polycab India Ltd. to see the profit growth reflected in the form of an increase in share price.

Polycab India Recent Performance

Over the past 25 trading days, the value of Polycab India's stock has decreased by ₹529.50 (-7.48%). On 21 Jun 2024, its one share was worth ₹7078.00 and by 26 Jul 2024, the value dropped to ₹6548.50. During this period it created a highest high of ₹7331.45 and lowest low of ₹5930.04.

Below Image represents line chart of daily close price of Polycab India, helping you visualize how the price has changed day by day.

Polycab India Share Price Chart From 2019 to 2024

Polycab India Share Price History Table From 2019 to 2024

Year	Polycab India	YOY Chg%	↑High - ↓Low
2019	₹991.70	-	↑ ₹1090 ↓ ₹525
2020	₹1035.95	4.4%	↑ ₹1180 ↓ ₹571
2021	₹2463.75	137.8%	↑ ₹2647 ↓ ₹1030
2022	₹2570.55	4.3%	↑ ₹3025 ↓ ₹2045
2023	₹5484.85	113.3%	↑ ₹5733 ↓ ₹2546
2024	₹6548.50	19.3%	↑ ₹6564 ↓ ₹6408

Analyzing the Impact of Investing in Polycab India

Investment amount:
Started in	20192020202120222023

Also Read: BHEL Year Wise Share Price History From IPO to 2024

Polycab India Share Returns In Last 5 Years

Polycab India Share VS FD (Normal) VS FD (Compounding)

You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.

• Shares: Units of ownership in a company can benefit from its profits or losses.
• FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
• Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.

To help you make a well-informed decision, we have prepared a handy table that compares the returns of Polycab India Share with both FD choices over time.

Investment amount:
Started in	201920202021202220232024
FD interest rate:

[Click/Touch on line to show data]

For more insights into Polycab India, explore these additional resources:-

• Polycab India Price Target Tomorrow
• Polycab India Price Long Term Target
• Polycab India Dividend History

Reference:

• Polycab India Ltd. Annual Report 2022-23
• Polycab India Ltd. Polycab – About company
• Economic Times Polycab India company history

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