{"id":225824,"date":"2026-09-01T12:56:15","date_gmt":"2026-09-01T07:26:15","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=225824"},"modified":"2026-09-04T09:46:50","modified_gmt":"2026-09-04T04:16:50","slug":"why-polycab-india-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/","title":{"rendered":"Polycab India (POLYCAB) Share Price Falls 4.26% Today: What the Decline Shows"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/polycab\/polycab-india-ltd-share-price-today\">Polycab India (POLYCAB)<\/a>share price fell to Rs 8,448.85 today, down 4.26% from the previous close. Market cap was Rs 1,32,610.86 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">Polycab India Share Price fell to Rs 8,448.85 on 04 September 2026, down 4.26% for the day, taking the company\u2019s market capitalisation to Rs 1,32,610.86 crore. The stock declined by Rs 376.15 from its previous close of Rs 8,825.<\/p>\n<p>The supplied data confirms a same-day price fall in this Large Cap cable company, but it does not establish any company-specific catalyst behind the move. That makes today\u2019s decline more relevant as a price, valuation and positioning story than as a verified event-led reaction. Investors following the stock are likely to focus on momentum, premium valuation and whether profitability still supports that premium.<\/p>\n<p>Univest data also shows the stock trading below its 50-day moving average and hovering near its 200-day moving average. That keeps the counter in focus not just as a daily mover, but as one where technical positioning and fundamentals are being weighed together.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#Polycab_India_POLYCAB_Share_Price_Today_Price_Action_Analysis\" title=\"Polycab India (POLYCAB) Share Price Today: Price Action Analysis\">Polycab India (POLYCAB) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#Polycab_India_POLYCAB_Fundamental_Analysis\" title=\"Polycab India (POLYCAB) Fundamental Analysis\">Polycab India (POLYCAB) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#Why_Investors_Are_Watching_Polycab_India\" title=\"Why Investors Are Watching Polycab India\">Why Investors Are Watching Polycab India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#About_Polycab_India\" title=\"About Polycab India\">About Polycab India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#Track_Polycab_India_Share_Price_on_Univest\" title=\"Track Polycab India Share Price on Univest\">Track Polycab India Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#Why_is_Polycab_India_Share_Price_falling_today\" title=\"Why is Polycab India Share Price falling today?\">Why is Polycab India Share Price falling today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#What_is_Polycab_India_Share_Price_Today\" title=\"What is Polycab India Share Price Today?\">What is Polycab India Share Price Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#What_does_todays_price_action_in_Polycab_India_show\" title=\"What does today\u2019s price action in Polycab India show?\">What does today\u2019s price action in Polycab India show?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#Is_Polycab_India_a_Large_Cap_stock\" title=\"Is Polycab India a Large Cap stock?\">Is Polycab India a Large Cap stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#Is_Polycab_India_expensive_compared_with_the_cable_industry\" title=\"Is Polycab India expensive compared with the cable industry?\">Is Polycab India expensive compared with the cable industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-fall-today-2026\/#How_does_Polycab_India_compare_with_peers_like_KEI_and_RR_Kabel\" title=\"How does Polycab India compare with peers like KEI and RR Kabel?\">How does Polycab India compare with peers like KEI and RR Kabel?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Polycab_India_POLYCAB_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Polycab India (POLYCAB) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 8,448.85<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 8,825<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 376.15 (-4.26%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 8,549.9<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 8,549.9<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 8,308.55<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 14.14 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,32,610.86 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Large Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Polycab India Share Price Today reflects a sharp early-session decline. The stock opened at Rs 8,549.90, which also marked the day\u2019s high, then slipped to an intraday low of Rs 8,308.55 before trading at Rs 8,448.85. Against the previous close of Rs 8,825, that translates into a loss of Rs 376.15 or 4.26%.<\/p>\n<p>This intraday structure matters because the stock did not build follow-through after the open. Instead, the range between Rs 8,549.90 and Rs 8,308.55 points to persistent weakness in the session snapshot. Turnover stood at Rs 14.14 crore, enough to keep the move on the market\u2019s radar.<\/p>\n<p>As a Large Cap stock, the decline stands out because moves in companies of this size are often assessed alongside sector leadership, valuation and broader technical context. The next question is whether the setup looks weak, mixed or stabilising on the available indicators.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Polycab_India_POLYCAB_Fundamental_Analysis\"><\/span><strong>Polycab India (POLYCAB) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,32,610.86 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">46.43x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.46x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">25.03%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">34.93%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 190.07<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 843.41<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.53%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The available fundamentals show a company carrying both premium profitability and premium valuation. The stock trades at a P\/E ratio of 46.43 and a P\/B ratio of 10.46, while return ratios remain strong with ROE at 25.03% and ROCE at 34.93%.<\/p>\n<p>Those profitability readings help explain why the stock has drawn sustained investor attention despite higher multiples. EPS stands at Rs 190.07 and book value per share at Rs 843.41. The dividend yield is 0.53%, modest but measurable.<\/p>\n<p>For Polycab India Share Price, the key takeaway is not that the supplied data points to weak business quality. Instead, it shows a company priced at a premium, where any softening in sentiment or technical trend can attract outsized market scrutiny. That leads naturally into industry context.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Electricals<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Cable<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">46.43x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">27.7x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">34.69x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.19x to 151.1x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.46x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">3.01x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-8.78x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">25.03%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.43%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">5.13%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">34.93%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">18.91%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">19.35%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,32,610.86 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 574.96 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 10,111.32 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Polycab India operates in the Electricals sector and Cable industry. The same-industry benchmark covers 32 companies, which gives a useful frame for judging its valuation and profitability.<\/p>\n<p>The company\u2019s P\/E of 46.43 is above the industry median of 27.7 and average of 34.69, based on 28 companies with available P\/E data. The benchmark range runs from 1.19 to 151.1, placing Polycab in the higher-valued part of the sector. On price-to-book, its 10.46 is also above the industry median of 3.01. Because the industry average P\/B is -8.78 and the range runs from -428.57 to 20.26, the median is the cleaner reference point.<\/p>\n<p>Profitability compares strongly. ROE of 25.03% is well above the industry median of 13.43% and average of 5.13%, while ROCE of 34.93% is ahead of the median of 18.91% and average of 19.35%. In market capitalisation terms, the company is the largest in the 32-stock benchmark at Rs 1,32,610.86 crore, versus a median of Rs 574.96 crore and average of Rs 10,111.32 crore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/kei\/kei-industries-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>KEI Industries<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">KEI<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">49,425.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">50.76<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.63<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.47<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/stltech\/sterlite-technologies-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Sterlite Technologies<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">STLTECH<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">36,685.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">151.1<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.6<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.73<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.38<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/rrkabel\/rr-kabel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>RR Kabel<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">RRKABEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">29,762.02<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">48.75<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.67<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.83<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">28.43<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/diacabs\/diamond-power-infrastructure-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Diamond Power Infrastructure<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">DIACABS<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19,760.27<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">98.12<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.26<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/fincables\/finolex-cables-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Finolex Cables<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">FINCABLES<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18,232.66<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">24.34<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.09<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">13.42<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17.7<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Against listed peers, the company combines stronger scale with strong return ratios, while still trading at elevated multiples relative to some alternatives. KEI Industries trades at a P\/E of 50.76 and P\/B of 7.29, with ROE of 15.63% and ROCE of 21.47% on a market capitalisation of Rs 49,425.51 crore. RR Kabel is on a P\/E of 48.75 and P\/B of 10.67, with ROE at 20.83% and ROCE at 28.43% on Rs 29,762.02 crore market cap.<\/p>\n<p>Sterlite Technologies carries a much higher P\/E of 151.1 but lower profitability, with ROE of 2.73% and ROCE of 8.38%. Finolex Cables looks less expensive at a P\/E of 24.34 and P\/B of 3.09, but also reports lower ROE of 13.42% and ROCE of 17.7%. Diamond Power Infrastructure trades at a P\/E of 98.12 and P\/B of 20.26, with ROE and ROCE both at 0.<\/p>\n<p>This peer set suggests Polycab India Share Price remains tied to a rare combination of scale and profitability, but also to premium expectations. When valuations are already rich, sharp one-day declines tend to attract closer attention.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Polycab_India\"><\/span><strong>Why Investors Are Watching Polycab India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Polycab India Share Price fell 4.26% to Rs 8,448.85, a notable one-day decline for a Large Cap stock.<\/li>\n<li>The stock opened at Rs 8,549.90, touched a low of Rs 8,308.55 and stayed below the previous close of Rs 8,825.<\/li>\n<li>Its RSI stands at 40.67, while the price is below the 50 DMA of Rs 9,119.02 and slightly below the 200 DMA of Rs 8,495.12.<\/li>\n<li>Fundamentals remain strong on ROE of 25.03% and ROCE of 34.93%, but valuation is elevated at 46.43 times earnings and 10.46 times book.<\/li>\n<li>Within the cable industry benchmark, Polycab remains the largest player by market capitalisation at Rs 1,32,610.86 crore.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Polycab_India\"><\/span><strong>About Polycab India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Polycab India is part of the Electricals sector and operates in the Cable industry. Based on the supplied classification and peer set, it sits alongside other listed cable businesses such as KEI Industries, RR Kabel, Sterlite Technologies and Finolex Cables. What stands out in the available data is scale: at Rs 1,32,610.86 crore in market capitalisation, it is the largest company in its same-industry benchmark universe.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Polycab_India_Share_Price_on_Univest\"><\/span><strong>Track Polycab India Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use<a href=\"https:\/\/univest.in\/stocks\/polycab\/polycab-india-ltd-share-price-today\">Polycab India (POLYCAB) live share-price page<\/a>,<a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>,<a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a>to review live stock data, top decliners and related market analysis.<\/p>\n<p>On Univest, investors can track Polycab India Share Price live, daily price action, moving averages, RSI, valuation ratios, shareholding pattern when available, 52-week levels and broader market insights in one place.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong>&nbsp;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 Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Polycab_India_Share_Price_falling_today\"><\/span><strong>Why is Polycab India Share Price falling today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The supplied data confirms that Polycab India Share Price fell 4.26% to Rs 8,448.85 from the previous close of Rs 8,825. However, the data does not establish a company-specific catalyst for today\u2019s decline.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Polycab_India_Share_Price_Today\"><\/span><strong>What is Polycab India Share Price Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Polycab India Share Price Today is Rs 8,448.85 in the supplied market snapshot. The stock is down Rs 376.15 on the day, after opening at Rs 8,549.90 and touching an intraday low of Rs 8,308.55.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_todays_price_action_in_Polycab_India_show\"><\/span><strong>What does today\u2019s price action in Polycab India show?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Today\u2019s price action shows weakness after the open, because the stock opened at Rs 8,549.90, which was also the day\u2019s high, and later slipped to Rs 8,308.55 before trading at Rs 8,448.85.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Polycab_India_a_Large_Cap_stock\"><\/span><strong>Is Polycab India a Large Cap stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Yes, Polycab India is classified as a Large Cap company in the supplied data. Its market capitalisation stands at Rs 1,32,610.86 crore, making it the largest company in its same-industry cable benchmark set.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Polycab_India_expensive_compared_with_the_cable_industry\"><\/span><strong>Is Polycab India expensive compared with the cable industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;On the supplied numbers, Polycab India trades at a P\/E of 46.43, above the cable industry median of 27.7 and average of 34.69. Its P\/B of 10.46 is also above the industry median of 3.01.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Polycab_India_compare_with_peers_like_KEI_and_RR_Kabel\"><\/span><strong>How does Polycab India compare with peers like KEI and RR Kabel?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Polycab India is much larger by market capitalisation than KEI Industries and RR Kabel, and its ROE of 25.03% and ROCE of 34.93% are stronger than both, though its valuation remains at premium levels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polycab India Share Price falls to Rs 8,448.85. marking a 4.26% fall today. Market cap stands at Rs 1,32,610.86 crore.<\/p>\n","protected":false},"author":29,"featured_media":230394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-225824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["230394"],"rank_math_title":["Polycab India Share Price Today Falls, Valuation in Focus"],"rank_math_description":["Polycab India Share Price declined 4.26% today. Explore price action, valuation, fundamentals and cable sector comparison in this detailed update."],"rank_math_focus_keyword":["Polycab India Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Polycab_India_POLYCAB_Share_Price_Falls_426_Today_What_the_Decline_Shows_bearish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/225824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=225824"}],"version-history":[{"count":2,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/225824\/revisions"}],"predecessor-version":[{"id":230395,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/225824\/revisions\/230395"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/230394"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=225824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=225824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=225824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}