Polycab India shares witnessed a sharp decline today. The stock opened at ₹7,550.00 and hit a high of ₹7,605.00 during intraday trading. However, it fell sharply to a low of ₹7,474.00. The previous closing price was ₹7,518.50.
With a 52-week high of ₹7,794.50 and a 52-week low of ₹4,555.00, Polycab continues to trade near its upper range, but today’s sharp dip highlights market sensitivity. As of 12:36 PM, the stock saw a volume of 1,14,284 shares, indicating active trading.
Polycab India shares were down 0.45% at ₹7,485.00 apiece around 12.36 pm. It has jumped 1.96% this year, so far.
Polycab India Q2 Results
Polycab India Ltd. has delivered a stellar performance in the second quarter of FY26, posting strong growth across revenue, net profit, and EBITDA compared to the same period last year.
The company reported revenue of Rs 6,477.21 crore, up from Rs 5,498.42 crore in Q2 FY25, marking a robust 17.8% year-on-year growth. Net profit surged to Rs 692.96 crore, compared to Rs 445.21 crore in the corresponding quarter last year, reflecting an impressive 55.6% YoY increase.
EBITDA also witnessed a significant jump, rising 61.5% YoY to Rs 1,020.7 crore, up from Rs 632 crore in Q2 FY25. The company’s EBITDA margin expanded to 15.8% from 11.5% YoY, highlighting improved operational efficiency.
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