{"id":69500,"date":"2026-04-10T13:13:31","date_gmt":"2026-04-10T07:43:31","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=69500"},"modified":"2026-04-10T13:13:32","modified_gmt":"2026-04-10T07:43:32","slug":"polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/","title":{"rendered":"Polycab India Up 13% in 3 Weeks \u2014 Is India&#8217;s Wire &amp; Cable Leader Set to Double on the EV and Infrastructure Boom?"},"content":{"rendered":"<p>Polycab India has risen 13% in three weeks and is one of those rare industrial companies that benefits from virtually every major infrastructure theme in India simultaneously \u2014 power grid upgrades, EV charging networks, housing construction, data centres, and manufacturing capex.<\/p><p>This article covers every key reason behind Polycab India&#8217;s recent surge, what the data says about sustainability, the short-term and long-term share price targets for 2026, and what catalysts and risks investors need to monitor before making any decision.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here 2013 Get Free Investment Predictions on Univest<\/strong><\/a>.<\/p><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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#About_Polycab_India_NSE_POLYCAB\" title=\"About Polycab India (NSE: POLYCAB)\">About Polycab India (NSE: POLYCAB)<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Why_Is_Polycab_India_Share_Price_Rising_The_Surge_Explained\" title=\"Why Is Polycab India Share Price Rising? The Surge Explained\">Why Is Polycab India Share Price Rising? The Surge Explained<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Financial_Performance_%E2%80%94_What_the_Numbers_Say\" title=\"Financial Performance \u2014 What the Numbers Say\">Financial Performance \u2014 What the Numbers Say<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Key_Catalysts_That_Could_Drive_Polycab_India_Share_Price_Higher\" title=\"Key Catalysts That Could Drive Polycab India Share Price Higher\">Key Catalysts That Could Drive Polycab India Share Price Higher<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Risks_to_Watch_Before_Chasing_the_Rally\" title=\"Risks to Watch Before Chasing the Rally\">Risks to Watch Before Chasing the Rally<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Technical_Setup_%E2%80%94_Is_the_Rally_Sustainable\" title=\"Technical Setup \u2014 Is the Rally Sustainable?\">Technical Setup \u2014 Is the Rally Sustainable?<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Institutional_Positioning_and_Market_Sentiment\" title=\"Institutional Positioning and Market Sentiment\">Institutional Positioning and Market Sentiment<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Future_Outlook_%E2%80%94_Can_Polycab_India_Sustain_the_Rally\" title=\"Future Outlook \u2014 Can Polycab India Sustain the Rally?\">Future Outlook \u2014 Can Polycab India Sustain the Rally?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Polycab_India_Share_Price_Target_2026\" title=\"Polycab India Share Price Target 2026\">Polycab India Share Price Target 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Short-Term_Target_3-6_Months\" title=\"Short-Term Target (3-6 Months)\">Short-Term Target (3-6 Months)<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#12-Month_Analyst_Consensus_Target\" title=\"12-Month Analyst Consensus Target\">12-Month Analyst Consensus Target<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Long-Term_Target_FY27-FY28\" title=\"Long-Term Target (FY27-FY28)\">Long-Term Target (FY27-FY28)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#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-15\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Q1_Why_did_Polycab_India_surge_13_in_3_weeks\" title=\"Q1. Why did Polycab India surge 13% in 3 weeks?\">Q1. Why did Polycab India surge 13% in 3 weeks?<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Q2_What_is_Polycabs_share_price_target_2026\" title=\"Q2. What is Polycab&#8217;s share price target 2026?\">Q2. What is Polycab&#8217;s share price target 2026?<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Q3_What_does_Polycab_make\" title=\"Q3. What does Polycab make?\">Q3. What does Polycab make?<\/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\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Q4_Who_are_Polycabs_main_competitors\" title=\"Q4. Who are Polycab&#8217;s main competitors?\">Q4. Who are Polycab&#8217;s main competitors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Q5_What_is_Polycabs_market_cap\" title=\"Q5. What is Polycab&#8217;s market cap?\">Q5. What is Polycab&#8217;s market cap?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/polycab-india-up-13-in-3-weeks-is-indias-wire-amp-cable-leader-set-to-double-on-the-ev-and-infrastructure-boom\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Polycab_India_NSE_POLYCAB\"><\/span><strong>About Polycab India (NSE: POLYCAB)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>[Click Here \u2013 Get Free Investment Predictions<\/strong><\/a> on Univest.<\/p><p>Polycab India is a leading company in the Electricals \/ Wires &amp; Cables space with a market capitalisation of Rs 81,000 Cr. The stock trades at approximately 42x trailing P\/E and has a 52-week range spanning from Rs 4,800 to Rs 7,600. The current price of Rs 5,400 reflects +13% appreciation 3 weeks, putting the stock significantly above its recent lows.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Is_Polycab_India_Share_Price_Rising_The_Surge_Explained\"><\/span><strong>Why Is Polycab India Share Price Rising? The Surge Explained<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10131045\/image-539-1024x536.jpeg\" alt=\"Polycab India Share Price Target\" class=\"wp-image-69502\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10131045\/image-539-1024x536.jpeg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10131045\/image-539-300x157.jpeg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10131045\/image-539-768x402.jpeg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10131045\/image-539-900x471.jpeg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10131045\/image-539-600x314.jpeg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10131045\/image-539-150x79.jpeg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10131045\/image-539.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Polycab India share price data \u2014 surge, CMP, 12M target, sector | univest.in<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Tap to Access Best Research Pieces on Univest<\/strong><\/a>.<\/p><p>Polycab&#8217;s Q3 FY26 revenue of Rs 4,800 crore (+18% YoY) was driven by strong demand across all segments: retail wires for housing construction, industrial cables for renewable energy projects, and EV charging cables as a new and fast-growing category. PAT of Rs 420 crore (+22% YoY) reflects operating leverage as the company&#8217;s new manufacturing facility in Daman reaches full capacity. The company also resolved a minor earlier regulatory concern about promoter-related transactions, removing a governance overhang.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_Performance_%E2%80%94_What_the_Numbers_Say\"><\/span><strong>Financial Performance \u2014 What the Numbers Say<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The underlying financials confirm that the Polycab India share price surge is not just momentum \u2014 it is backed by improving fundamental performance.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Metric<\/strong><\/td><td><strong>Latest Quarter<\/strong><\/td><td><strong>Change<\/strong><\/td><td><strong>What It Signals<\/strong><\/td><\/tr><tr><td>Revenue<\/td><td>Rs 4,800 Cr<\/td><td>+18% YoY<\/td><td>Top-line growth confirmation<\/td><\/tr><tr><td>Net Profit (PAT)<\/td><td>Rs 420 Cr<\/td><td>+22% YoY<\/td><td>Earnings acceleration<\/td><\/tr><tr><td>Market Cap<\/td><td>Rs 81,000 Cr<\/td><td>Current<\/td><td>Valuation context<\/td><\/tr><tr><td>Promoter Holding<\/td><td>62.3%<\/td><td>\u2014<\/td><td>Management confidence<\/td><\/tr><tr><td>FII Holding<\/td><td>14.6%<\/td><td>\u2014<\/td><td>Institutional interest<\/td><\/tr><\/tbody><\/table><\/figure><p>For live Polycab India fundamental data and peer comparison, check the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Catalysts_That_Could_Drive_Polycab_India_Share_Price_Higher\"><\/span><strong>Key Catalysts That Could Drive Polycab India Share Price Higher<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>\u2022 <\/strong>EV charging infrastructure \u2014 10 lakh new EV chargers mandated by 2026 creating cable demand<\/p><p><strong>\u2022 <\/strong>India&#8217;s Rs 2.5 lakh crore grid upgrade programme for renewable energy integration<\/p><p><strong>\u2022 <\/strong>FMEG (Fan, Lighting, Switches) business growing at 25%+ annually from small base<\/p><p><strong>\u2022 <\/strong>Export opportunity to Middle East and Africa growing rapidly<\/p><p><strong>\u2022 <\/strong>Backward integration into copper rod manufacturing reducing input cost volatility<\/p><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> for real-time alerts on Polycab India and daily SEBI-registered research.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risks_to_Watch_Before_Chasing_the_Rally\"><\/span><strong>Risks to Watch Before Chasing the Rally<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>\u2022 <\/strong>42x P\/E leaves little room for execution misses<\/p><p><strong>\u2022 <\/strong>Copper price volatility directly impacts working capital and margins<\/p><p><strong>\u2022 <\/strong>Income tax survey in March 2024 (resolved) remains an investor memory that could resurface<\/p><p><strong>\u2022 <\/strong>Competition from Havells, KEI Industries, and Finolex in retail segment<\/p><p>Not every surge is sustainable. Investors should carefully evaluate each of these risks relative to their own risk tolerance and investment horizon before making any decision. Consult a SEBI-registered financial advisor.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technical_Setup_%E2%80%94_Is_the_Rally_Sustainable\"><\/span><strong>Technical Setup \u2014 Is the Rally Sustainable?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Polycab India is trading at Rs 5,400, which puts the stock +13% above its recent low of Rs 4,800 and 29% below its 52-week high of Rs 7,600. The stock has reclaimed key moving averages and technical momentum indicators (RSI, MACD) are supportive in the short to medium term. Key resistance is at the 52-week high of Rs 7,600. Short-term support is at Rs 5,200.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro for live technical analysis and SEBI-registered F&amp;O setups<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Institutional_Positioning_and_Market_Sentiment\"><\/span><strong>Institutional Positioning and Market Sentiment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Polycab India&#8217;s shareholding reflects: Promoter 62.3%, FII 14.6%, DII 12.4%. FII ownership is moderate, meaning the stock is less sensitive to global risk-off selling than FII-heavy peers. The promoter holding above 50% indicates strong founder confidence in the business.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Future_Outlook_%E2%80%94_Can_Polycab_India_Sustain_the_Rally\"><\/span><strong>Future Outlook \u2014 Can Polycab India Sustain the Rally?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Polycab India is India&#8217;s undisputed leader in wires and cables with a brand that commands premium pricing in the retail channel. The EV and infrastructure investment cycle creates a demand runway that extends well beyond the current cycle. The 12-month target of Rs 6,500\u20137,500 implies 20-39% upside.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Polycab_India_Share_Price_Target_2026\"><\/span><strong>Polycab India Share Price Target 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro for Premium Stock Research and Targets<\/strong><\/a>.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Short-Term_Target_3-6_Months\"><\/span><strong>Short-Term Target (3-6 Months)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In the short term, Polycab India share price target is Rs 5,200\u20135,800 based on current technical positioning and the immediate momentum from the +13% 3 weeks surge. Support at Rs 5,200 must hold for the bullish case to remain intact.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"12-Month_Analyst_Consensus_Target\"><\/span><strong>12-Month Analyst Consensus Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The analyst consensus 12-month Polycab India share price target is Rs 6,500\u20137,500, implying meaningful upside from the current price of Rs 5,400. This target assumes the catalysts identified in this article materialise and the macro environment remains broadly supportive.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Long-Term_Target_FY27-FY28\"><\/span><strong>Long-Term Target (FY27-FY28)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In a bull scenario where key catalysts deliver, the Polycab India share price target for FY28 is Rs 8,500\u201310,000. This long-term target represents a scenario where the company executes consistently and the sectoral tailwinds accelerate beyond current consensus expectations.<\/p><p>Track Polycab India live and compare with sector peers on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Polycab India&#8217;s +13% surge 3 weeks is backed by improving fundamentals \u2014 revenue growth of +18% YoY and PAT growth of +22% YoY in the latest quarter. The 12-month analyst consensus target of Rs 6,500\u20137,500 implies significant further upside from the current price of Rs 5,400. The key catalysts and risks outlined in this article are the variables that will determine whether the rally extends or corrects. Investors should evaluate both carefully before making any position decision.<\/p><p>This article is for informational purposes only. Please conduct your own research and consult a SEBI-registered financial advisor before making any investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q1_Why_did_Polycab_India_surge_13_in_3_weeks\"><\/span><strong>Q1. Why did Polycab India surge 13% in 3 weeks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Polycab&#8217;s 13% rally was driven by Q3 FY26 revenue +18% YoY, PAT +22% YoY, resolution of governance concern, and the EV charging infrastructure mandate creating new demand visibility.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q2_What_is_Polycabs_share_price_target_2026\"><\/span><strong>Q2. What is Polycab&#8217;s share price target 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analyst consensus 12-month target is Rs 6,500\u20137,500. Short-term is Rs 5,200\u20135,800. Long-term bull case is Rs 8,500\u201310,000 for FY28.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q3_What_does_Polycab_make\"><\/span><strong>Q3. What does Polycab make?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Polycab manufactures wires and cables (retail and industrial), electrical switches and sockets, fans, and LED lights. Wires and cables account for approximately 85% of revenue.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q4_Who_are_Polycabs_main_competitors\"><\/span><strong>Q4. Who are Polycab&#8217;s main competitors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Polycab&#8217;s main competitors include Havells India (retail segment), KEI Industries (industrial cables), Finolex Cables (retail), and RR Kabel (industrial and retail).<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q5_What_is_Polycabs_market_cap\"><\/span><strong>Q5. What is Polycab&#8217;s market cap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Polycab India&#8217;s market cap is approximately Rs 81,000 crore. The stock is at Rs 5,400 with a 52-week range of Rs 4,800 to Rs 7,600.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/tcs-share-price-target\">TCS Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/nestle-india-share-price-target\">Nestle India Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><a href=\"http:\/\/univest.in\/blogs\/state-bank-of-india-share-price-target\">State Bank of India Share Price Target 2026: Analyst Forecasts, Bull &amp; Bear Case<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/hindustan-unilever-share-price-target\">Hindustan Unilever Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Polycab India has risen 13% in three weeks and is one of those rare industrial companies that benefits from virtually every major infrastructure theme in India simultaneously \u2014 power grid upgrades, EV charging networks, housing construction, data centres, and manufacturing capex. This article covers every key reason behind Polycab India&#8217;s recent surge, what the data<\/p>\n","protected":false},"author":27,"featured_media":69505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802],"class_list":["post-69500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"metadata":{"_edit_lock":["1775807071:27"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:4:{s:62:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-539.jpeg\";a:2:{s:2:\"id\";i:69502;s:11:\"source_type\";s:13:\"media-library\";}s:71:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-539-1024x536.jpeg\";a:2:{s:2:\"id\";i:69502;s:11:\"source_type\";s:13:\"media-library\";}s:94:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10131045\/image-539.jpeg\";a:2:{s:2:\"id\";i:69502;s:11:\"source_type\";s:13:\"media-library\";}s:103:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/10131045\/image-539-1024x536.jpeg\";a:2:{s:2:\"id\";i:69502;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["842"],"rank_math_seo_score":["81"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"rank_math_title":["Polycab India Share Price Target 2026: Up 13% \u2014 Electrical Infrastructure Play Worth Owning?"],"rank_math_description":["Polycab India surged 13% in 3 weeks. 18% revenue growth, EV charging cables, India energy grid upgrade. 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