Polycab India Stocks: Buy Polycab India; Target price Rs 3300: ICICI Direct | Techno Glob

You can buy over the phone on ICICI Direct. Polycab India Ltd. with a target price of Rs.3,300. The current market price of is Rs.2810.65.

Polycab India Ltd. was established in 1996, A Mid Cap company with a market cap of Rs 42129.09 Crore in the Consumer Durables sector.

Polycab India Ltd. Major product/revenue segments include cables and wires; Income from Eng.Construction Contracts; piece allowances; including export incentives and employment for the year ending 31-Mar-2022.


For the quarter ended 30-09-2022, the company had a total revenue of Rs.3330.14 crores; The total revenue for the last quarter was Rs 2780.90 crore, a growth of 5.54% from the total revenue of Rs 3155.23 crore in the same quarter last year. The company reported a net profit after tax of Rs 271.26 crore in the last quarter.

Promoter/FII Holdings
Promoters hold 67.99 per cent stake in the company as of June 30-2022, while FIIs hold 5.71 per cent; DII owns 9.03 percent.

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