Polycab India (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Polycab India Limited |
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Price: ₹7,178.25 | ||
| 52 Week Low: ₹3,801.00 52 Week High: ₹7,605.00 |
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| Market Capital: 1,00,429.35 Crore (Largecap) | |||
| Industrials -> Electrical Equipment & Parts | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Polycab India Share Price Target For 2024
- 1.1.1: Polycab India Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Polycab India Share Price Target For 2025
- 1.2.1: Polycab India Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Polycab India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Polycab India Brief Company Overview
- 4: Polycab India Financial Performance
- 4.0.1: Is Polycab India A Good Buy For Long Term?
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
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.
Polycab India Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 7451.0 (+3.79%) | Price Action: 09 Dec 2024 High |
| 2024 Target 2 | 7372.1 (+2.70%) | Price Action: 18 Dec 2024 Low |
| 2024 Target 1 | 7295.1 (+1.62%) | Price Action: 09 Dec 2024 Low |
| Current Price | 7178.25 | Polycab India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 7187.92 (+0.13%) | Price Action: Chart |
| Stop Loss 2 | 7027.78 (-2.10%) | Fibonacci Retracement Level 28.20% |
| Stop Loss 3 | 6950.0 (-3.18%) | Price Action: 07 Nov 2024 High |
Short-Term Technical Outlook
Current Technical Position: Polycab India is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹7141.88 serves as the nearest technical reference point.
Historical Returns: 3-month: +3.21% | 6-month: +7.00% | 1-year: +31.48%
Polycab India Share Price Target For 2025
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.
Polycab India Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 9884.4 (+37.69%) | Price Action: Chart |
| 2025 Target 2 | 9700.1 (+35.13%) | Fibonacci Extension Level 64.90% |
| 2025 Target 1 | 9515.71 (+32.56%) | Fibonacci Extension Level 150.00% |
| Current Price | 7178.25 | Polycab India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 6652.7 (-7.33%) | Price Action: 05 Nov 2024 High |
| Stop Loss 2 | 6553.14 (-8.71%) | Price Action: 04 Nov 2024 High |
| Stop Loss 3 | 6485.7 (-9.65%) | Price Action: 18 Nov 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: Polycab India is currently trading near its 52-week high of ₹7605, showing strong yearly momentum.
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +31.48% | 3-year: +196.02% | 5-year: +644.83%
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Approach 2: Machine Learning By Studying Historical Prices
Polycab India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹7,178.25 | ||
| 2024 | ₹6,839.92 | -4.71% | ₹6,942.52 |
| 2025 | ₹8,200.17 | +19.89% | ₹8,323.17 |
| 2026 | ₹8,788.89 | +7.18% | ₹8,920.72 |
| 2027 | ₹9,811.73 | +11.64% | ₹9,958.91 |
| 2028 | ₹10,144.07 | +3.39% | ₹10,296.23 |
| 2029 | ₹11,614.39 | +14.49% | ₹11,967.25 |
| 2030 | ₹13,222.94 | +13.85% | ₹13,421.28 |
| 2031 | ₹13,584.75 | +2.74% | ₹13,797.16 |
| 2032 | ₹14,638.91 | +7.76% | ₹14,858.49 |
| 2033 | ₹14,687.68 | +0.33% | ₹15,734.32 |
| 2034 | ₹16,388.86 | +11.58% | ₹16,990.01 |
| 2035 | ₹18,245.70 | +11.33% | ₹18,519.39 |
| 2036 | ₹18,380.60 | +0.74% | ₹18,726.00 |
| 2037 | ₹19,466.09 | +5.91% | ₹19,758.08 |
| 2038 | ₹19,231.29 | -1.21% | ₹20,757.08 |
| 2039 | ₹21,575.39 | +12.19% | ₹22,012.77 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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.Polycab India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,00,429.35 Crore | Market valuation of Polycab India's shares. |
| Revenue (TTM) | 18,039.44 Crore | Total revenue generated by Polycab India over the past twelve months. |
| Net Income (TTM) | +17,840,449,536.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +12.44% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +9.89% | 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 |
1.95 | Company's total debt divided by total shareholder equity. |
| Total Debt | 161.09 Crore | Sum of Polycab India's current & long-term financial obligations. |
| Total Cash | 2,224.77 Crore | Total amount of liquid funds available to Polycab India. |
| Beta | 0.72 | Beta 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.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
