Polycab India (POLYCAB) Share Price Falls 2.26% Today; Stock Slips to Rs 8,210

Published:   28 September 2026 at 11:22:58 AM IST

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’s 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.

The stock’s 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’s low. Univest is tracking this Polycab India Stock Falling Today event with verified market data only, without adding any unsupported reason or forecast.

Polycab India (POLYCAB) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 8,210
Previous Close	Rs 8,400
Today's Move	-Rs 190.00 (-2.26%)
Open	Rs 8,401
High	Rs 8,401.05
Low	Rs 8,205
Turnover	Rs 2.65 crore
Market Capitalisation	Rs 1,26,585.04 crore
Market Cap Category	Large Cap

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.

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’s low. That setup naturally leads into the broader Polycab India Stock Analysis on valuation and fundamentals.

Polycab India (POLYCAB) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 1,26,585.04 crore
P/E Ratio	44.19x
P/B Ratio	9.96x
ROE	25.03%
ROCE	34.93%
EPS	Rs 190.07
Book Value Per Share	Rs 843.38
Dividend Yield	0.56%

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’s 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.

Sector and Industry Context

Metric	Value
Sector	Electricals
Industry	Cable
Benchmark Scope	same industry
Company P/E Ratio	44.19x
Benchmark Median P/E	25.77x
Benchmark Average P/E	35.25x
Benchmark P/E Range	1.26x to 176.39x
Company P/B Ratio	9.96x
Benchmark Median P/B	2.82x
Benchmark Average P/B	-7.99x
Company ROE	25.03%
Benchmark Median ROE	11.54%
Benchmark Average ROE	5.1%
Company ROCE	34.93%
Benchmark Median ROCE	17.66%
Benchmark Average ROCE	17.67%
Company Market Capitalisation	Rs 1,26,585.04 crore
Benchmark Median Market Cap	Rs 524.83 crore
Benchmark Average Market Cap	Rs 9,479.85 crore

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’s 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.

The same is true for P/B, where Polycab India’s 9.96 is above the industry median of 2.82 and below the benchmark maximum of 19.86. On profitability, the company’s 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.

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.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
KEI Industries	KEI	44,736.3	44.88	6.45	14.77	20.23
Sterlite Technologies	STLTECH	42,862.11	176.39	11.2	2.73	8.38
RR Kabel	RRKABEL	28,581.76	47.04	10.29	20.83	28.43
Finolex Cables	FINCABLES	22,335.26	27.91	3.55	12.33	16.06
Diamond Power Infrastructure	DIACABS	21,219.56	107.98	19.86	0	11.8

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’s 20.23%.

Against RR Kabel, Polycab India’s 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.

Why Investors Are Watching Polycab India

• Polycab India Share Price fell 2.26% today to Rs 8,210, with the previous close at Rs 8,400.
• The stock opened at Rs 8,401 and touched an intraday high of Rs 8,401.05 and a low of Rs 8,205.
• Market capitalisation stands at Rs 1,26,585.04 crore, and Polycab India is classified as a Large Cap company.
• P/E is 44.19, P/B is 9.96, ROE is 25.03% and ROCE is 34.93% in the latest supplied data.
• In the cable industry benchmark, the company’s P/E, P/B, ROE and ROCE sit above the respective medians.

About Polycab India

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’s move.

Univest keeps Polycab India Share Price on watch with verified market data, so readers can track the stock’s 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.

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.

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.

Frequently Asked Questions

Why did Polycab India Share Price fall today?

Ans.  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.

What is Polycab India Share Price today?

Ans.  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.

What does Polycab India Share Price tell investors today?

Ans.  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’s price behaviour.

How is Polycab India valued versus the cable industry?

Ans.  Polycab India’s 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.

What is the market cap of Polycab India?

Ans.  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.

How does Polycab India compare with KEI Industries?

Ans.  Polycab India’s 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.

What do EPS and book value show for Polycab India?

Ans.  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.

Does Polycab India pay a dividend?

Ans.  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.

What should readers monitor next for Polycab India?

Ans.  Readers should monitor the next session’s 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.

Where can I track Polycab India Share Price Live?

Ans.  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.