{"id":70191,"date":"2026-04-13T15:19:40","date_gmt":"2026-04-13T09:49:40","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=70191"},"modified":"2026-04-13T15:19:41","modified_gmt":"2026-04-13T09:49:41","slug":"why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/","title":{"rendered":"Why Is Polycab India Share Price Falling? Key Reasons &amp; Share Price Target 2026"},"content":{"rendered":"<p>Polycab India share price is down -31% from its 52-week high of Rs 7,050, trading at Rs 4,800 as of April 2026. At its 52-week low of Rs 4,400, the stock has already given up significant gains \u2014 and investors are asking the same question: is this a buying opportunity or a value trap?<\/p><p>The Polycab India share price falling is not random market noise. There are specific, identifiable reasons driving the decline \u2014 and this article examines each of them with real data, sector context, and the analyst consensus on what Polycab India is worth.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here \u2014 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\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Why_Is_Polycab_India_Share_Price_Falling_Key_Reasons\" title=\"Why Is Polycab India Share Price Falling? Key Reasons\">Why Is Polycab India Share Price Falling? Key Reasons<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Reason_1_Tax_Raid_and_GST_Notice_Overhang\" title=\"Reason 1: Tax Raid and GST Notice Overhang\">Reason 1: Tax Raid and GST Notice Overhang<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Reason_2_Housing_and_Construction_Demand_Slowdown\" title=\"Reason 2: Housing and Construction Demand Slowdown\">Reason 2: Housing and Construction Demand Slowdown<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Reason_3_FMEG_Fast_Moving_Electrical_Goods_Margin_Pressure\" title=\"Reason 3: FMEG (Fast Moving Electrical Goods) Margin Pressure\">Reason 3: FMEG (Fast Moving Electrical Goods) Margin Pressure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Reason_4_Commodity_Cost_Volatility_%E2%80%94_Copper_and_Aluminium\" title=\"Reason 4: Commodity Cost Volatility \u2014 Copper and Aluminium\">Reason 4: Commodity Cost Volatility \u2014 Copper and Aluminium<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Reason_5_Management_Credibility_Post-Tax_Raid\" title=\"Reason 5: Management Credibility Post-Tax Raid\">Reason 5: Management Credibility Post-Tax Raid<\/a><\/li><\/ul><\/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-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Polycab_India_Financial_Snapshot\" title=\"Polycab India Financial Snapshot\">Polycab India Financial Snapshot<\/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-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Can_Polycab_India_Recover_Future_Outlook\" title=\"Can Polycab India Recover? Future Outlook\">Can Polycab India Recover? Future Outlook<\/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\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#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\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#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\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#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\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Long-Term_Target_FY28\" title=\"Long-Term Target (FY28)\">Long-Term Target (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\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-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-14\" href=\"https:\/\/univest.in\/blogs-2\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Q1_Why_is_Polycab_India_share_price_falling_in_2026\" title=\"Q1. Why is Polycab India share price falling in 2026?\">Q1. Why is Polycab India share price falling in 2026?<\/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-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Q2_What_is_Polycab_India_share_price_target_2026\" title=\"Q2. What is Polycab India share price target 2026?\">Q2. What is Polycab India 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-16\" href=\"https:\/\/univest.in\/blogs-2\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Q3_Should_I_buy_Polycab_India_at_current_levels\" title=\"Q3. Should I buy Polycab India at current levels?\">Q3. Should I buy Polycab India at current levels?<\/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-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Q4_What_is_Polycab_Indias_market_cap_and_PE_ratio\" title=\"Q4. What is Polycab India&#8217;s market cap and P\/E ratio?\">Q4. What is Polycab India&#8217;s market cap and P\/E ratio?<\/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-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Q5_What_can_trigger_recovery_in_Polycab_India_share_price\" title=\"Q5. What can trigger recovery in Polycab India share price?\">Q5. What can trigger recovery in Polycab India share price?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/why-is-polycab-india-share-price-falling-key-reasons-amp-share-price-target-2026\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Is_Polycab_India_Share_Price_Falling_Key_Reasons\"><\/span><strong>Why Is Polycab India Share Price Falling? Key Reasons<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Tap to Access Best Research Pieces on Univest<\/strong><\/a>.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Reason_1_Tax_Raid_and_GST_Notice_Overhang\"><\/span><strong>Reason 1: Tax Raid and GST Notice Overhang<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In January 2024, Income Tax Department officials conducted search operations at Polycab India&#8217;s premises, which created significant investor concern about potential tax liabilities and accounting irregularities. While Polycab has maintained that business operations were not impacted and that it is cooperating with authorities, the investigation created an overhang that has kept institutional investors cautious through FY25-26.<\/p><p>The combination of the IT raid overhang and elevated valuations (Polycab had reached 55-60x P\/E at its peak) triggered a sustained de-rating that continues.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Reason_2_Housing_and_Construction_Demand_Slowdown\"><\/span><strong>Reason 2: Housing and Construction Demand Slowdown<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Polycab&#8217;s core wires and cables business is closely tied to real estate construction activity and industrial capex. Q3 FY26 saw a slowdown in residential housing starts in key markets. This directly impacts demand for building wires, the fastest-growing segment in Polycab&#8217;s portfolio.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Reason_3_FMEG_Fast_Moving_Electrical_Goods_Margin_Pressure\"><\/span><strong>Reason 3: FMEG (Fast Moving Electrical Goods) Margin Pressure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Polycab&#8217;s consumer electricals segment (fans, lighting, switches, pumps) competes against Havells, Bajaj Electricals, and Crompton Greaves. Price competition in FMEG \u2014 particularly in fans and LED lighting \u2014 has been intensifying. FMEG margins have been compressed 100-150 bps over the past 4 quarters.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Reason_4_Commodity_Cost_Volatility_%E2%80%94_Copper_and_Aluminium\"><\/span><strong>Reason 4: Commodity Cost Volatility \u2014 Copper and Aluminium<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Electrical cables use copper and aluminium as primary conductors. Copper prices have been volatile, creating inventory revaluation risks and margin uncertainty for Polycab. When copper prices rise, Polycab benefits from higher realisation (prices are copper-plus-conversion), but when prices fall, channel inventory destocking creates volume pressure.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Reason_5_Management_Credibility_Post-Tax_Raid\"><\/span><strong>Reason 5: Management Credibility Post-Tax Raid<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Polycab&#8217;s management credibility took a hit with the tax raid, even without a formal adverse finding. Some institutional investors have adopted a wait-and-watch approach until the tax matter is fully resolved with clean outcomes.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Polycab_India_Financial_Snapshot\"><\/span><strong>Polycab India Financial Snapshot<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Parameter<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td>CMP<\/td><td>Rs 4,800<\/td><\/tr><tr><td>52-Week High<\/td><td>Rs 7,050<\/td><\/tr><tr><td>52-Week Low<\/td><td>Rs 4,400<\/td><\/tr><tr><td>Decline from Peak<\/td><td>-31%<\/td><\/tr><tr><td>Market Cap<\/td><td>Rs 71,000 Cr<\/td><\/tr><tr><td>P\/E Ratio<\/td><td>34x<\/td><\/tr><tr><td>P\/B Ratio<\/td><td>8.2x<\/td><\/tr><tr><td>Promoter Holding<\/td><td>62.9%<\/td><\/tr><tr><td>FII Holding<\/td><td>14.6%<\/td><\/tr><tr><td>DII Holding<\/td><td>18.6%<\/td><\/tr><tr><td>Sector<\/td><td>Electrical Cables \/ Consumer Electricals<\/td><\/tr><\/tbody><\/table><\/figure><p>Track <strong>Polycab India<\/strong> live fundamentals and peer comparisons on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/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 daily research updates.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Can_Polycab_India_Recover_Future_Outlook\"><\/span><strong>Can Polycab India Recover? Future Outlook<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Polycab India&#8217;s fundamental business \u2014 cables and wires \u2014 benefits from India&#8217;s infrastructure buildout, real estate construction, and electrification. At Rs 4,800 and 34x P\/E, the stock is significantly more reasonably valued than at its Rs 7,050 peak. Resolution of the IT raid investigation without material liability and recovery in construction demand would be the key re-rating catalysts. Recovery to Rs 5,500-6,500 is achievable in 12 months.<\/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 SEBI-registered analyst recommendations<\/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>Short-term Polycab India share price target is Rs 4,500-5,200, based on current technical setup and near-term fundamental catalyst timeline. The 52-week low of Rs 4,400 is the key support level \u2014 a sustained break below this would be a significant bearish signal.<\/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>Analyst consensus 12-month Polycab India share price target is Rs 5,500-6,500, implying meaningful upside from the current Rs 4,800. This assumes the key headwinds identified in this article begin to resolve.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Long-Term_Target_FY28\"><\/span><strong>Long-Term Target (FY28)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In a full recovery scenario, the Polycab India share price target for FY28 is Rs 7,500-9,000. This bull case requires the fundamental concerns in this article to show clear reversal over the next 4-6 quarters.<\/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_is_Polycab_India_share_price_falling_in_2026\"><\/span><strong>Q1. Why is Polycab India share price falling in 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Polycab India share price is falling primarily due to the reasons detailed in this article. The stock has declined -31% from its 52-week high of Rs 7,050 to the current Rs 4,800. Key factors include sector headwinds, earnings pressure, and broader market conditions. Review all factors before making any investment decision.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q2_What_is_Polycab_India_share_price_target_2026\"><\/span><strong>Q2. What is Polycab India share price target 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analyst consensus 12-month Polycab India share price target is Rs 5,500-6,500. Short-term target is Rs 4,500-5,200 and long-term FY28 target in a recovery scenario is Rs 7,500-9,000. These are analyst estimates and not guaranteed returns.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q3_Should_I_buy_Polycab_India_at_current_levels\"><\/span><strong>Q3. Should I buy Polycab India at current levels?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>This article does not provide personalised investment advice. Polycab India is trading at Rs 4,800 with a 52-week range of Rs 4,400 to Rs 7,050. The risk-reward depends on your investment horizon and risk tolerance. Consult a SEBI-registered financial advisor before investing.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q4_What_is_Polycab_Indias_market_cap_and_PE_ratio\"><\/span><strong>Q4. What is Polycab India&#8217;s market cap and P\/E ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Polycab India&#8217;s market capitalisation is Rs 71,000 Cr with a trailing P\/E of 34x and price-to-book ratio of 8.2x. Promoter holding is 62.9%, FII 14.6%, DII 18.6%.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q5_What_can_trigger_recovery_in_Polycab_India_share_price\"><\/span><strong>Q5. What can trigger recovery in Polycab India share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Recovery triggers for Polycab India include: resolution of the specific headwinds identified in this article, positive quarterly results showing reversal of stressed metrics, and broad market recovery. Monitor quarterly results and management commentary closely.<\/p><p><strong>Disclaimer: <\/strong>For educational purposes only. Not investment advice. Consult a SEBI-registered financial advisor. Investments are subject to market risk.<\/p><p>For more analysis, visit <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span>Recent Articles<span class=\"ez-toc-section-end\"><\/span><\/h2><p>&nbsp;<a href=\"https:\/\/univest.in\/blogs\/why-is-krbl-share-price-falling\"><strong>Why is KRBL Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-reliance-infrastructures-share-price-falling\"><strong>Why is Reliance Infrastructures Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-mahanagar-gas-share-price-falling\"><strong>Why is Mahanagar Gas Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-happiest-minds-share-price-falling\"><strong>Why is Happiest Minds Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Polycab India share price is down -31% from its 52-week high of Rs 7,050, trading at Rs 4,800 as of April 2026. At its 52-week low of Rs 4,400, the stock has already given up significant gains \u2014 and investors are asking the same question: is this a buying opportunity or a value trap? The<\/p>\n","protected":false},"author":27,"featured_media":70194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802,3818],"class_list":["post-70191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news","tag-share-price-falling"],"metadata":{"_edit_lock":["1776073836:27"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["842"],"rank_math_seo_score":["79"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"rank_math_focus_keyword":["Polycab 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