Polycab India (POLYCAB) Share Price Falls in Second Straight Session

Polycab India Share Price is trading lower in its second straight session, with the latest traded price at Rs 7,574 after a two-session cumulative decline of 5.56% from Rs 8,020. According to Univest data, the price pattern is confirmed, but no company-specific catalyst is established. The move keeps Polycab India Share Price in focus as a streak story rather than a one-off intraday slip.

With a market capitalisation of Rs 1,20,866.71 crore and a Large Cap profile, Polycab India Share Price now needs to be read in the context of consecutive lower sessions rather than a single-day move. That distinction matters because a two-session fall gives readers a clearer view of how quickly the share price has moved away from the streak-start base price, even before any fresh company event is identified.

Polycab India (POLYCAB) Share Price Fall Streak: Consecutive Decline Analysis

Metric	Value
Current Price	Rs 7,574
Previous Close	Rs 7,747
Today's Move	-Rs 173.00 (-2.23%)
Open	Rs 7,757.75
High	Rs 7,757.75
Low	Rs 7,567
Market Capitalisation	Rs 1,20,866.71 crore

Polycab India Share Price opened at Rs 7,757.75, touched a high of Rs 7,757.75 and a low of Rs 7,567, and last traded at Rs 7,574 as of 22 October 2026 at 11:53:04 AM IST. Compared with the previous close of Rs 7,747, the stock was down Rs 173, or 2.23%, in the latest reading. The day’s range shows that Polycab India Share Price moved lower after opening near the top of the intraday band, with the latest traded price sitting close to the lower end of that band.

The market capitalisation of Rs 1,20,866.71 crore places Polycab India in the Large Cap category, and that scale matters when reading a streak move. For Polycab India Share Price, the current decline sits within a broader two-session pattern rather than a single isolated drop. The latest reading shows the stock trading materially below the previous close, while still remaining well above the streak-start base price of Rs 8,020 only as a reference point for the broader move. That sets up the fundamental lens that follows.

What the Consecutive Declines Show

Polycab India Share Price is now lower across a second straight session, and the cumulative fall of 5.56% from Rs 8,020 is the key story, not just the latest intraday change. A two-session decline gives a different reading from a single-day move because it shows the stock has stayed under pressure across consecutive trading hours and not merely reacted once. For Polycab India Share Price, that creates a pattern worth tracking against valuation and sector context.

The streak also matters because the earnings base and book-value base do not change from session to session, while the price does. That means Polycab India Share Price can move the valuation multiples more quickly than the underlying operating base changes. In a streak lens, the question becomes how much the current multiple has shifted after the two-session fall and whether that makes the present reading more comparable to peers in the cable space.

Polycab India (POLYCAB) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 1,20,866.71 crore
P/E Ratio	36.99x
P/B Ratio	8.92x
ROE	25.03%
ROCE	34.93%
EPS	Rs 209.42
Book Value Per Share	Rs 868.85
Dividend Yield	0.61%

Polycab India (POLYCAB) fundamental metrics show P/E 36.99x, P/B 8.92x, ROE 25.03%, ROCE 34.93%. Taken on their own, these numbers offer context rather than a trading signal.

Polycab India has a market capitalisation of Rs 1,20,866.71 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 36.99x, P/B at 8.92x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 25.03% and ROCE of 34.93%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 209.42, book value per share of Rs 868.85, dividend yield of 0.61%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 25.24x, median ROE of 12.33%, median ROCE of 17.71%. They set out the fundamental picture and are not a rating on the stock.

Sector and Industry Context

Metric	Value
Sector	Electricals
Industry	Cable
Benchmark Scope	same industry
Company P/E Ratio	36.99x
Benchmark Median P/E	25.24x
Benchmark Average P/E	34.53x
Benchmark P/E Range	1.26x to 178.46x
Company P/B Ratio	8.92x
Benchmark Median P/B	2.62x
Benchmark Average P/B	-7.34x
Company ROE	25.03%
Benchmark Median ROE	12.33%
Benchmark Average ROE	0.8%
Company ROCE	34.93%
Benchmark Median ROCE	17.71%
Benchmark Average ROCE	17.54%
Company Market Capitalisation	Rs 1,20,866.71 crore
Benchmark Median Market Cap	Rs 613.61 crore
Benchmark Average Market Cap	Rs 9,488.76 crore

Polycab India (POLYCAB) operates in the Electricals sector, within the Cable industry.

Polycab India (POLYCAB) has a P/E ratio of 36.99x, which is above the benchmark median of 25.24x, a difference of +46.55%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Polycab India (POLYCAB) has a ROE of 25.03%, which is above the benchmark median of 12.33%, a difference of +103%. Polycab India (POLYCAB) has a ROCE of 34.93%, which is above the benchmark median of 17.71%, a difference of +97.23%.

Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Sterlite Technologies	STLTECH	45,645.73	178.46	11.33	2.73	8.38
KEI Industries	KEI	42,514.47	38.41	5.85	14.77	20.23
RR Kabel	RRKABEL	26,996.59	43.32	9.48	20.83	28.43
Diamond Power Infrastructure	DIACABS	20,705.22	103.2	18.99	NA	11.8
Finolex Cables	FINCABLES	19,615.24	23	2.92	12.33	16.06

Polycab India (POLYCAB) has a P/E ratio of 36.99x compared with the displayed peer median of 43.32x. The comparison is relative and should not be read as a recommendation. Its ROE of 25.03% compares with a peer median of 13.55% across the companies shown in the table. ROCE stood at 34.93% versus the displayed peer median of 16.06%, providing a capital-efficiency comparison. Polycab India (POLYCAB) has a market capitalisation of Rs 1,20,866.71 crore. It is larger by market capitalisation than all 5 peers shown.

Why Investors Are Watching Polycab India

• Polycab India Share Price is in a second straight session of decline, making the streak itself the key market signal.
• The latest traded price of Rs 7,574 is below the previous close of Rs 7,747, keeping Polycab India Share Price in focus.
• The cumulative move of 5.56% from Rs 8,020 shows the fall is a two-session pattern, not just one intraday swing.
• Polycab India Share Price still carries a premium valuation versus the cable-industry median on both P/E and P/B.
• The stock’s ROE and ROCE remain above the industry medians, so the streak is unfolding against a comparatively strong profitability base.

About Polycab India

Polycab India operates in the Electricals sector and the Cable industry. The company’s valuation, profitability and market-cap scale are the relevant context for this streak story. For readers tracking Polycab India Share Price, the business lens is simple: a large cable and electricals company with strong return ratios, a premium valuation and a position that stands out within the same-industry comparison set. That combination is why the latest decline matters even without a fresh company-specific trigger.

Track Polycab India Share Price on Univest

Use Polycab India (POLYCAB) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.

You can track Polycab India Share Price on Univest for live updates, fundamental ratios, 52-week levels and market insights. The platform also helps readers compare Polycab India Share Price with peers, review valuation measures and follow sector context in one place. For a streak move, that combination is useful because it keeps the price action, the financial ratios and the broader cable-industry backdrop together.

Frequently Asked Questions

Why is Polycab India Share Price falling today?

Ans. According to Univest data, Polycab India Share Price is lower in its second straight session, but no company-specific catalyst is established. The latest traded price is Rs 7,574, below the previous close of Rs 7,747.

What is the current Polycab India Share Price?

Ans. Polycab India Share Price last traded at Rs 7,574 as of 22 October 2026 at 11:53:04 AM IST. The stock was down Rs 173, or 2.23%, versus the previous close.

How much has Polycab India Share Price fallen in the streak?

Ans. The streak covers two consecutive sessions and the cumulative decline is 5.56% from Rs 8,020. That makes Polycab India Share Price a streak story rather than a one-session move.

What was the day’s range for Polycab India Share Price?

Ans. Polycab India Share Price opened at Rs 7,757.75, touched a high of Rs 7,757.75 and a low of Rs 7,567. The latest traded price of Rs 7,574 sat near the lower end of that range.

How large is Polycab India in market capitalisation terms?

Ans. Polycab India has a market capitalisation of Rs 1,20,866.71 crore. That places Polycab India Share Price in the Large Cap category and well above the cable-industry median market value.

What does Polycab India Share Price look like on valuation?

Ans. Polycab India Share Price trades at a P/E of 36.99 and a P/B of 8.92. Both remain above the sector medians of 25.24 and 2.62 in the same-industry benchmark.

How do ROE and ROCE compare for Polycab India ?

Ans. Polycab India reports ROE of 25.03% and ROCE of 34.93%. Both sit above the same-industry medians, which helps explain why Polycab India Share Price remains closely watched despite the decline.

How does Polycab India compare with cable peers?

Ans. Polycab India is the largest company in the peer set by market capitalisation. Its ROE and ROCE are stronger than KEI, RR Kabel and Finolex Cables, while its P/E stays below KEI and RR Kabel.

What should investors monitor next in Polycab India Share Price?

Ans. Investors should track whether Polycab India Share Price stabilises after the second straight session of decline, while also watching valuation, ROE, ROCE and how the stock trades relative to the cable-industry benchmark.