Polycab India (POLYCAB) Share Price Fall Streak: Stock down for second straight session
- October 14, 2026
- Posted by: Kunal Singla
- Category: News
Polycab India Share Price Fall Streak is in focus as the stock traded lower in its second straight session, with the latest traded price at Rs 8,004.05, down 3.10% or Rs 255.95 from the previous close. According to Univest data, the price pattern is confirmed, but no company-specific catalyst is established. The move has reduced the share price further from the streak base of Rs 8,414, marking a cumulative fall of 4.87% across the run.
Polycab India Share Price Fall Streak matters because this is now a two-session pattern rather than an isolated intraday slip. The company’s market capitalisation stood at Rs 1,26,804.55 crore, keeping it in the large-cap category for context. For readers tracking Polycab India Share Price, a second straight lower session changes the reading from a one-off move to a short streak that deserves closer attention alongside valuation, sector positioning and peer comparison.
Polycab India (POLYCAB) Share Price Fall Streak: Consecutive Decline Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 8,004.05 |
| Previous Close | Rs 8,260 |
| Today's Move | -Rs 255.95 (-3.1%) |
| Open | Rs 8,252.9 |
| High | Rs 8,252.9 |
| Low | Rs 7,940 |
| Market Capitalisation | Rs 1,26,804.55 crore |
Polycab India Share Price today reflected a weaker opening tone and a lower trade through the morning. The stock opened at Rs 8,252.90, touched the same level as the day high, and then moved down to a low of Rs 7,940.00 before last trading at Rs 8,004.05. Against the previous close of Rs 8,260.00, that meant a decline of Rs 255.95, or 3.10%. The latest traded price sat closer to the day low than the day high, which shows where the stock was trading as of 14 October 2026 at 9:23:21 AM IST.
Polycab India Share Price Fall Streak is therefore not only about the percentage decline, but also about where the stock sat within the day’s range. The session’s movement from the opening level to the low shows a steady drift lower after the first print. With market capitalisation at Rs 1,26,804.55 crore, Polycab remains a large-cap name, so even a 3.10% move can materially affect absolute value. For Polycab India Share Price, the next layer of reading comes from fundamentals.
What the Consecutive Declines Show
Polycab India Share Price Fall Streak now reflects a second straight session of decline, with the cumulative move across the streak at -4.87% from the base price of Rs 8,414.00. That framing is different from a single-day fall because it shows that the weakness persisted beyond one trading day. The current trade at Rs 8,004.05 is still below the streak starting point, so the move has not yet reversed back through that reference level.
For Polycab India Share Price, the sequence matters more than a standalone print. Two lower sessions in a row show that the stock has remained under pressure across consecutive trading days, even though the pattern itself does not establish why. The price move is confirmed in Univest data; a company-specific reason has not been established. That is why investors often read Polycab India Share Price Fall Streak together with valuation and sector context rather than in isolation.
Polycab India (POLYCAB) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,26,804.55 crore |
| P/E Ratio | 43.46x |
| P/B Ratio | 9.79x |
| ROE | 25.03% |
| ROCE | 34.93% |
| EPS | Rs 190.05 |
| Book Value Per Share | Rs 843.32 |
| Dividend Yield | 0.57% |
Polycab India (POLYCAB) fundamental metrics show P/E 43.46x, P/B 9.79x, ROE 25.03%, ROCE 34.93%. These ratios show where the company stands today and are not a call to buy or sell.
Polycab India has a market capitalisation of Rs 1,26,804.55 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 43.46x, P/B at 9.79x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 25.03% and ROCE of 34.93%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 190.05, book value per share of Rs 843.32, dividend yield of 0.57%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 28.19x, median ROE of 13.11%, median ROCE of 18.1%. Together they describe the fundamental backdrop without implying a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Electricals |
| Industry | Cable |
| Benchmark Scope | same industry |
| Company P/E Ratio | 43.46x |
| Benchmark Median P/E | 28.19x |
| Benchmark Average P/E | 38.16x |
| Benchmark P/E Range | 1.28x to 203.8x |
| Company P/B Ratio | 9.79x |
| Benchmark Median P/B | 2.81x |
| Benchmark Average P/B | -7.09x |
| Company ROE | 25.03% |
| Benchmark Median ROE | 13.11% |
| Benchmark Average ROE | 0.96% |
| Company ROCE | 34.93% |
| Benchmark Median ROCE | 18.1% |
| Benchmark Average ROCE | 17.69% |
| Company Market Capitalisation | Rs 1,26,804.55 crore |
| Benchmark Median Market Cap | Rs 596.55 crore |
| Benchmark Average Market Cap | Rs 10,268.37 crore |
Polycab India (POLYCAB) operates in the Electricals sector, within the Cable industry.
Polycab India (POLYCAB) has a P/E ratio of 43.46x, which is above the benchmark median of 28.19x, a difference of +54.17%. A P/E difference of this kind is a reference point rather than a recommendation.
Polycab India (POLYCAB) has a ROE of 25.03%, which is above the benchmark median of 13.11%, a difference of +90.92%. Polycab India (POLYCAB) has a ROCE of 34.93%, which is above the benchmark median of 18.1%, a difference of +92.98%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Sterlite Technologies | STLTECH | 52,130.56 | 203.8 | 12.94 | 2.73 | 8.38 |
| KEI Industries | KEI | 44,482.38 | 44.57 | 6.41 | 14.77 | 20.23 |
| RR Kabel | RRKABEL | 30,794.67 | 48.71 | 10.66 | 20.83 | 28.43 |
| Diamond Power Infrastructure | DIACABS | 22,798.47 | 114.56 | 21.07 | NA | 11.8 |
| Finolex Cables | FINCABLES | 22,001.09 | 28.19 | 3.58 | 12.33 | 16.06 |
Polycab India (POLYCAB) has a P/E ratio of 43.46x compared with the displayed peer median of 48.71x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 25.03% compares with a peer median of 13.55% across the companies shown in the table. ROCE stood at 34.93% versus the displayed peer median of 16.06%, providing a capital-efficiency comparison. Polycab India (POLYCAB) has a market capitalisation of Rs 1,26,804.55 crore. It is larger by market capitalisation than all 5 peers shown.
Why Investors Are Watching Polycab India
- Polycab India Share Price Fall Streak has extended to a second straight session, keeping the latest trade in focus.
- The stock was last traded at Rs 8,004.05, below the previous close of Rs 8,260.00 and below the streak base of Rs 8,414.00.
- Polycab India Share Price still sits within a large-cap market value of Rs 1,26,804.55 crore.
- Its P/E of 43.46 and P/B of 9.79 remain above the sector medians, even after the lower trade.
- ROE of 25.03% and ROCE of 34.93% keep Polycab India Share Price in a strong returns bracket versus several peers.
About Polycab India
Polycab India operates in the Electricals sector and the Cable industry, where it is a large-cap company with broad relevance across the wire and cable space. The business context that matters for Polycab India Share Price Fall Streak is straightforward: it is a cable-led electricals name with scale, premium valuation metrics and peer-standing that remains above much of the benchmark set. For readers, that makes the latest decline a price event inside a well-established operating profile rather than a standalone business change.
Polycab India Share Price is therefore best interpreted through its market position, returns profile and sector placement. The company’s reported figures show a business with strong ROE and ROCE, a high book value per share and a premium P/B ratio, which helps explain why the streak is being watched closely in the market.
Track Polycab India Share Price on Univest
Use Polycab India (POLYCAB) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Track Polycab India Share Price on Univest to follow live price updates, valuation ratios, 52-week levels and market insights in one place. The platform also helps readers review Polycab India Fundamental Analysis, recent stock performance and sector comparison without switching between different market pages.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is Polycab India Share Price falling today?
Ans. According to Univest data, Polycab India Share Price was lower by 3.10% at Rs 8,004.05 versus the previous close of Rs 8,260.00. The pattern is confirmed, but no company-specific catalyst is established.
What does the second straight session mean for Polycab India Share Price?
Ans. It means the decline is not isolated to one trading day. Polycab India Share Price Fall Streak has now extended across two consecutive sessions, with a cumulative move of -4.87% from Rs 8,414.00.
What was the latest traded price of Polycab India ?
Ans. Polycab India Share Price last traded at Rs 8,004.05 as of 14 October 2026 at 9:23:21 AM IST. The stock moved between Rs 7,940.00 and Rs 8,252.90 during the observed trade window.
How does Polycab India look on valuation after the fall?
Ans. Polycab India Share Price now reflects a P/E of 43.46 and a P/B of 9.79. EPS of Rs 190.05 and book value of Rs 843.32 stayed unchanged across the streak, so the multiple shift comes from price.
How does Polycab India compare with its sector benchmark?
Ans. In the same-industry set of 33 companies, Polycab India Share Price sits above the benchmark medians on P/E, P/B, ROE and ROCE. That keeps the stock in a premium valuation position even after the decline.
What is Polycab India Share Price’s market capitalisation?
Ans. Polycab India Share Price is backed by a market capitalisation of Rs 1,26,804.55 crore. That places the company in the large-cap category and makes the absolute price move important in value terms.
How do Polycab India ROE and ROCE compare with peers?
Ans. Polycab India Share Price is supported by ROE of 25.03% and ROCE of 34.93%, which are stronger than several cable peers shown, including KEI Industries and Finolex Cables, and ahead of the benchmark medians.
What is the dividend yield for Polycab India Share Price?
Ans. Polycab India Share Price carries a dividend yield of 0.57%. That is a modest yield and sits alongside the company’s higher valuation multiples and strong return ratios in the Electricals sector.
Should investors track Polycab India Share Price on Univest?
Ans. Yes. Polycab India Share Price can be tracked on Univest for live levels, valuation ratios, 52-week reference points and market insights. It helps readers follow the stock alongside peer and sector context.
