{"id":274221,"date":"2026-09-28T11:26:29","date_gmt":"2026-09-28T05:56:29","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=274221"},"modified":"2026-09-28T11:26:29","modified_gmt":"2026-09-28T05:56:29","slug":"why-polycab-india-share-price-price-fall-2026-09-28","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-price-fall-2026-09-28\/","title":{"rendered":"Polycab India (POLYCAB) Share Price Falls 2.26% Today; Stock Slips to Rs 8,210"},"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 8,210 today, down 2.26% from the previous close. Market cap was Rs 1,26,585.04 crore.<\/em><\/div>\n<p class=\"univest-article-timestamp\" style=\"font-size:14px;color:#5F6673;margin:8px 0 18px 0;;margin-top:0!important;margin-bottom:0!important;\"><strong>Published:<\/strong>&nbsp;&nbsp;&nbsp;28 September 2026 at 11:22:58 AM IST<\/p>\n<p style=\"margin-top:0!important;\">Polycab India Share Price fell to Rs 8,210 today, down 2.26% from the previous close, with a market capitalisation of Rs 1,26,585.04 crore. The move places Polycab India in focus for Polycab India Share Price Today searches and Polycab India Stock News flow. The day\u2019s data confirms the price event, but it does not establish a company-specific catalyst. What can be verified is the gap between the opening level of Rs 8,401, the day high of Rs 8,401.05 and the low of Rs 8,205, along with turnover of Rs 2.65 crore. In this Polycab India Share Price update, investors are primarily left with price action, valuation and sector context to assess the move.<\/p>\n<p>The stock\u2019s decline came after a previous close of Rs 8,400, meaning the share price fall was Rs 190. The opening price was almost unchanged versus the previous close, but the stock weakened during the session and finished near the day\u2019s low. Univest is tracking this Polycab India Stock Falling Today event with verified market data only, without adding any unsupported reason or forecast.<\/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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#Why_did_Polycab_India_Share_Price_fall_today\" title=\"Why did Polycab India Share Price fall today?\">Why did Polycab India Share Price fall 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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#What_does_Polycab_India_Share_Price_tell_investors_today\" title=\"What does Polycab India Share Price tell investors today?\">What does Polycab India Share Price tell investors today?<\/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-price-fall-2026-09-28\/#How_is_Polycab_India_valued_versus_the_cable_industry\" title=\"How is Polycab India valued versus the cable industry?\">How is Polycab India valued versus the cable industry?<\/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-price-fall-2026-09-28\/#What_is_the_market_cap_of_Polycab_India\" title=\"What is the market cap of Polycab India?\">What is the market cap of Polycab India?<\/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-price-fall-2026-09-28\/#How_does_Polycab_India_compare_with_KEI_Industries\" title=\"How does Polycab India compare with KEI Industries?\">How does Polycab India compare with KEI Industries?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-price-fall-2026-09-28\/#What_do_EPS_and_book_value_show_for_Polycab_India\" title=\"What do EPS and book value show for Polycab India?\">What do EPS and book value show for Polycab India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-price-fall-2026-09-28\/#Does_Polycab_India_pay_a_dividend\" title=\"Does Polycab India pay a dividend?\">Does Polycab India pay a dividend?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-price-fall-2026-09-28\/#What_should_readers_monitor_next_for_Polycab_India\" title=\"What should readers monitor next for Polycab India?\">What should readers monitor next for Polycab India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/why-polycab-india-share-price-price-fall-2026-09-28\/#Where_can_I_track_Polycab_India_Share_Price_Live\" title=\"Where can I track Polycab India Share Price Live?\">Where can I track Polycab India Share Price Live?<\/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 8,210<\/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 8,400<\/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 190.00 (-2.26%)<\/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 8,401<\/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 8,401.05<\/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 8,205<\/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 2.65 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 1,26,585.04 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 shows a clear same-day decline from Rs 8,400 to Rs 8,210, a move of Rs 190 or 2.26%. The opening price was Rs 8,401, which was close to the previous close, so the day began almost flat. From there, the price action stayed within a narrow intraday band, with the high recorded at Rs 8,401.05 and the low at Rs 8,205. That low sits just below the closing price, which means the stock ended close to its session floor.<\/p>\n<p>Turnover for the session stood at Rs 2.65 crore. Polycab India is classified as a Large Cap stock, and its market capitalisation of Rs 1,26,585.04 crore confirms that size context. The verified data captures the decline, the intraday path and the final close, but it does not establish a company-specific catalyst for the move. For readers following Polycab India Share News, the key takeaway is the price behaviour itself: a lower close after an almost unchanged open, with the stock finishing near the day\u2019s low. That setup naturally leads into the broader Polycab India Stock Analysis on valuation and fundamentals.<\/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 1,26,585.04 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;\">44.19x<\/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;\">9.96x<\/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 843.38<\/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;\">0.56%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Profitability ratios are also important here. ROE is 25.03% and ROCE is 34.93%, both above the industry medians of 11.54% and 17.66%. EPS stands at Rs 190.07, which means each share has Rs 190.07 of earnings attributed to it in the reported data. Book value is Rs 843.38 per share, and dividend yield is 0.56%. In a Polycab India Share Price context, these figures give investors a snapshot of valuation, profitability and shareholder-return history. The stock\u2019s latest decline has to be read alongside those fundamentals rather than in isolation. Univest views this as a fact-led Polycab India Stock Analysis note, not a rating or forecast.<\/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;\">44.19x<\/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;\">25.77x<\/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;\">35.25x<\/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;\">1.26x to 176.39x<\/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;\">9.96x<\/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;\">2.82x<\/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;\">-7.99x<\/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;\">11.54%<\/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;\">5.1%<\/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;\">17.66%<\/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;\">17.67%<\/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 1,26,585.04 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 524.83 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 9,479.85 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Polycab India operates in the Electricals sector and Cable industry, where the benchmark scope covers 34 companies in the same industry. Within that set, the company\u2019s P\/E of 44.19 is above the benchmark median of 25.77 and below the benchmark maximum of 176.39. It is also above the benchmark average of 35.25. That comparison suggests the stock is valued more richly than the typical cable-company median in this dataset.<\/p>\n<p>The same is true for P\/B, where Polycab India\u2019s 9.96 is above the industry median of 2.82 and below the benchmark maximum of 19.86. On profitability, the company\u2019s ROE of 25.03% is well above the median of 11.54%, and ROCE of 34.93% is also above the median of 17.66%. Market capitalisation of Rs 1,26,585.04 crore is far above the industry median of Rs 524.83 crore and the industry average of Rs 9,479.85 crore. In sector terms, those numbers place Polycab India among the largest names in the cable universe. For readers following Polycab India Share Price Today, the sector view helps explain why the stock often draws attention in Electricals and Cable market updates.<\/p>\n<p>The industry set also includes benchmark company counts that help frame the comparison: 28 companies were used for P\/E, 34 for P\/B, ROE and ROCE, and 34 for market capitalisation. That makes the valuation picture more meaningful because the company is being judged against a broad cable peer set rather than a single comparator.<\/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;\">44,736.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">44.88<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.45<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.77<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.23<\/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;\">42,862.11<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">176.39<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.2<\/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;\">28,581.76<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">47.04<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.29<\/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\/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;\">22,335.26<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">27.91<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.33<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.06<\/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;\">21,219.56<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">107.98<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.86<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.8<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Polycab India Share Price can also be read against listed peers in the same industry. Compared with KEI Industries, Polycab India has a slightly lower P\/E at 44.19 versus 44.88, but a much higher P\/B at 9.96 versus 6.45 and stronger ROE at 25.03% versus 14.77%. Its ROCE of 34.93% is also above KEI\u2019s 20.23%.<\/p>\n<p>Against RR Kabel, Polycab India\u2019s P\/E is lower than 47.04, while ROE and ROCE remain higher at 25.03% and 34.93% versus 20.83% and 28.43%. Finolex Cables has a lower P\/E of 27.91 and lower P\/B of 3.55, so Polycab India trades at richer valuation multiples. In the peer set, Sterlite Technologies carries a far higher P\/E of 176.39, but much lower ROE of 2.73% and ROCE of 8.38%. The peer data shows that Polycab India Share Price is supported by stronger profitability ratios than several peers, while also carrying a premium valuation profile.<\/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 2.26% today to Rs 8,210, with the previous close at Rs 8,400.<\/li>\n<li>The stock opened at Rs 8,401 and touched an intraday high of Rs 8,401.05 and a low of Rs 8,205.<\/li>\n<li>Market capitalisation stands at Rs 1,26,585.04 crore, and Polycab India is classified as a Large Cap company.<\/li>\n<li>P\/E is 44.19, P\/B is 9.96, ROE is 25.03% and ROCE is 34.93% in the latest supplied data.<\/li>\n<li>In the cable industry benchmark, the company\u2019s P\/E, P\/B, ROE and ROCE sit above the respective medians.<\/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 operates in the Electricals sector and Cable industry. The supplied business classification places the company in a segment where benchmark comparisons are available across 34 industry peers. In this update, the most relevant company facts are its market capitalisation of Rs 1,26,585.04 crore, its Large Cap category and its profitability and valuation ratios. For readers using Polycab India Stock News and Polycab India Share Price Today searches, this company profile provides the verified context needed to interpret the day\u2019s move.<\/p>\n<p>Univest keeps Polycab India Share Price on watch with verified market data, so readers can track the stock\u2019s current level, sector context and relative valuation in one place. The platform also helps users follow Polycab India Share Price Live, Polycab India Latest News, Polycab India Market Cap and Polycab India Stock Performance with the same factual approach.<\/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&nbsp;<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>Track Polycab India Share Price on Univest for live updates, fundamental ratios, shareholding pattern, 52-week levels and market insights. Readers can revisit Polycab India Stock Analysis, Polycab India Fundamental Analysis and Polycab India Share Price Update without relying on unsupported market commentary. Univest brings the same verified approach to Polycab India News Today and Polycab India Share News.<\/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;&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_did_Polycab_India_Share_Price_fall_today\"><\/span><strong>Why did Polycab India Share Price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The supplied data confirms that Polycab India Share Price fell 2.26% to Rs 8,210 today, but it does not establish a company-specific catalyst. The move is verified through the open, high, low, close and previous close data.<\/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;&nbsp;Polycab India Share Price today is Rs 8,210. The previous close was Rs 8,400, so the stock declined by Rs 190 during the session. The market capitalisation is Rs 1,26,585.04 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Polycab_India_Share_Price_tell_investors_today\"><\/span><strong>What does Polycab India Share Price tell investors today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Polycab India Share Price today shows a lower close after an almost flat open, with the stock finishing near the session low of Rs 8,205. That gives a clear picture of the day\u2019s price behaviour.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_Polycab_India_valued_versus_the_cable_industry\"><\/span><strong>How is Polycab India valued versus the cable industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Polycab India\u2019s P\/E of 44.19 and P\/B of 9.96 are above the cable industry medians of 25.77 and 2.82. Its ROE of 25.03% and ROCE of 34.93% are also above benchmark medians.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_Polycab_India\"><\/span><strong>What is the market cap of Polycab India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Polycab India has a market capitalisation of Rs 1,26,585.04 crore. The company is classified as a Large Cap stock in the supplied data, which gives useful size context for Polycab India Share Price analysis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Polycab_India_compare_with_KEI_Industries\"><\/span><strong>How does Polycab India compare with KEI Industries?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Polycab India\u2019s P\/E of 44.19 is slightly below KEI Industries at 44.88, while its P\/B, ROE and ROCE are higher at 9.96, 25.03% and 34.93%. The peer comparison is therefore mixed on valuation and stronger on profitability.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_EPS_and_book_value_show_for_Polycab_India\"><\/span><strong>What do EPS and book value show for Polycab India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;EPS is Rs 190.07, showing earnings attributable to each share in the supplied data. Book value is Rs 843.38 per share, which indicates the accounting net worth behind each share in the latest figures.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_Polycab_India_pay_a_dividend\"><\/span><strong>Does Polycab India pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Yes, the supplied dividend yield is 0.56%. That is historical or current data rather than a guaranteed future payout, but it remains a useful part of Polycab India fundamental analysis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_readers_monitor_next_for_Polycab_India\"><\/span><strong>What should readers monitor next for Polycab India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Readers should monitor the next session\u2019s price action, any fresh company disclosure and whether valuation continues to trade above the cable industry median. Univest will keep Polycab India Share Price, Polycab India Stock News and Polycab India Latest News updated.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_track_Polycab_India_Share_Price_Live\"><\/span><strong>Where can I track Polycab India Share Price Live?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Readers can track Polycab India Share Price Live on Univest, along with current market cap, valuation ratios, sector comparisons and other verified stock details. That makes it easier to follow Polycab India News Today in one place.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polycab India Share Price falls to Rs 8,210. marking a 2.26% fall today. Market cap stands at Rs 1,26,585.04 crore.<\/p>\n","protected":false},"author":29,"featured_media":274220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-274221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["274220"],"rank_math_title":["Polycab India Share Price Fall: Price Action and Context"],"rank_math_description":["Polycab India Share Price fell 2.26% to Rs 8,210 today. Read the price action, valuation, sector comparison and key fundamentals."],"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-2-26-today-stock-slips-to-rs-8-210.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/274221","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=274221"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/274221\/revisions"}],"predecessor-version":[{"id":274222,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/274221\/revisions\/274222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/274220"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=274221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=274221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=274221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}