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Polycab India Share Price Target 2024, 2025, 2026 to 2039 With Charts

Polycab India Limited

Company LogoSymbol: POLYCAB
Price: ₹6,301.89
Exchange: NSE
Industrials -> Electrical Equipment & Parts
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Polycab India Brief Company Overview

Polycab India Limited: A Comprehensive Overview

Polycab India Limited, founded in 1996, is a leading manufacturer and provider of electrical and electronic products.

Their diverse product portfolio includes:

  • Wires and Cables: Rubber cables, fire survival cables, and wires
  • Fans: Ceiling, table, pedestal, wall, exhaust, farrata, and air circulated fans
  • Lighting and Luminaires: Lighting fixtures and luminaires
  • Electrical Accessories: Touch switches, modular plates, switches, and accessories
  • Switchgear: Isolators, MCBs, RCCBs, RCBOs, DBs, ACCLs, and MCB changeover switches
  • Renewable Energy Products: Solar grid tie inverters, DC MCBs, solar DC cables, and solar panels
  • Conduits and Accessories: UPVC conduits and concealed boxes
  • Pumps: Self-priming monobloc, centrifugal monobloc, borewell submersible, domestic openwell submersible, and jet pumps
  • Appliances: Water heaters, coolers, and iron appliances

Polycab has established a robust distribution network with over 3,464 authorized dealers and distributors, reaching 100,000 retail outlets.

The company is committed to innovation, quality, and customer satisfaction, earning a strong reputation in the industry.


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Polycab India Financial Performance

MetricValueDescription
Market Capital97,526.52 CroreMarket valuation of Polycab India's shares.
Revenue (TTM)18,039.44 CroreTotal revenue generated by Polycab India over the past twelve months.
Net Income (TTM)+1,784.04 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin12.44%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin9.89%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+29.29%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+28.49%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
1.95Company's total debt divided by total shareholder equity.
Total Debt161.09 CroreSum of Polycab India's current & long-term financial obligations.
Total Cash2,224.77 CroreTotal amount of liquid funds available to Polycab India.
Beta0.72Beta is less than 1 indicating that the Polycab India's price is less volatile than the market.

Is Polycab India A Good Buy For Long Term?

Polycab India, a large-cap stock with impressive revenue growth and profitability, is a solid long-term investment. Its consistent returns over multiple time frames, along with a healthy debt and cash balance, indicate financial stability. The stock's upward trend, combined with its strong fundamentals, makes it an attractive buy for investors seeking long-term wealth creation.

To predict the Polycab India's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Polycab India Share Price Target For 2024

Polycab India Targets For 2024 Chart

The line chart displays the monthly closing prices of Polycab India with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Polycab India shares in 2024, see the table below.

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Polycab India Share Price Target Table For 2024

Polycab India's LevelsValueReason/Importance
2024 Target 36479.95 (+2.82%)Price Action: 30 Oct 2024 High
2024 Target 26400.00 (+1.55%)Price Action: Nov 2024 High
2024 Target 16330.81 (+0.45%)Custom Fibonacci Extension Lvl 23.6%
Current Price6301.89Polycab India's 1 share price as of Thu 14 Nov 2024
Stop Loss 16293.01 (-0.15%)Price Action: Chart
Stop Loss 26228.43 (-1.17%)Fibonacci Retracement Extended 40%
Stop Loss 36077.23 (-3.57%)Technical Indicator: MA200

Summary: Polycab India Share Price Prediction For 2024

In summary, Polycab India has surged by ₹817.04, achieving a notable +14.90% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Polycab India for 2024 predicts an additional rise of 0.45% to 2.82% by the end of 2024 with three potential targets T1: 6330.81, T2: 6400.00, T3: 6479.95. Stop Loss at SL1: 6293.01, SL2: 6228.43, SL3: 6077.23.

Polycab India has a 52-week high of ₹7605.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹3801.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Polycab India.

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Polycab India Share Price Target For 2025

Polycab India Targets For 2025 Chart

The line chart displays the monthly closing prices of Polycab India with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Polycab India shares in 2025, see the table below.

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Polycab India Share Price Target Table For 2025

Polycab India's LevelsValueReason/Importance
2025 Target 38702.84 (+38.09%)Fibonacci Extension Level 150%
2025 Target 28506.98 (+34.99%)Price Action: Chart
2025 Target 18422.75 (+33.65%)Custom Fibonacci Extension Lvl 64.9%
Current Price6301.89Polycab India's 1 share price as of Thu 14 Nov 2024
Stop Loss 15789.00 (-8.14%)Price Action: Apr 2024 High
Stop Loss 25731.11 (-9.06%)Price Action: Chart
Stop Loss 35630.04 (-10.67%)Price Action: Apr 2024 Low

Summary: Polycab India Share Price Prediction For 2025

In summary, Polycab India has surged by ₹817.04, achieving a notable +14.90% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Polycab India for 2025 predicts an additional rise of 33.65% to 38.09% by the end of 2025 with three potential targets T1: 8422.75, T2: 8506.98, T3: 8702.84. Stop Loss at SL1: 5789.00, SL2: 5731.11, SL3: 5630.04.

Polycab India has a All-Time high of ₹7605.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹3801.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Polycab India, we have created a specific page for that check here: Polycab India Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Polycab India Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Polycab India Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Polycab India share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 7.01% over the next 15 years.

For complete year by year Polycab India long term share price target from 2024, 2025 to 2039 check the below table.

Polycab India Share Price Target Table From 2024, 2025, 2026 to 2039

YearPolycab India TargetYoY Change %
2024₹6,301.89[Current Price]
2024₹6,679.965.99%
2025₹7,744.4515.93%
2026₹8,079.34.32%
2027₹8,821.259.18%
2028₹8,951.751.47%
2029₹10,088.2612.69%
2030₹11,329.9912.3%
2031₹11,502.861.52%
2032₹12,267.186.64%
2033₹12,195.25-0.59%
2034₹13,496.5610.67%
2035₹14,915.5410.51%
2036₹14,926.420.07%
2037₹15,713.15.27%
2038₹15,438.74-1.75%
2039₹17,240.9111.67%

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Polycab India Past Performance

POLYCAB main
Polycab India has been listed on NSE for more than 5 years.
  • In 2019, Polycab India opening price was ₹640
  • As of Thu 14 Nov 2024 the price stands at ₹6,301.89.
  • This represents a Compound Annual Growth Rate (CAGR) of 46.4%.
  • In 5 years, an investment of 10,000 would have become ₹98,467.03.

As we wrap up, we hope you like our study on Polycab India share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

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

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter