Hello friends, Do you want to know about the future value of Polycab share price target? So you have come to the right page. Polycab Share Price on NSE as of 21 August 2024 is 6,770.00 INR. On this page, you will find Polycab Share Price Target 2024, 2025, 2026, 2027 to 2030 as well as Polycab share price target tomorrow, Polycab share News, Polycab share price target 2030, Polycab share price target 2031, Polycab Share price target 2040, and more Information.
Polycab India Ltd Company Details
Polycab India Ltd is a leading Indian company specializing in the manufacturing of cables, wires, and fast-moving electrical goods (FMEG). Established with a strong commitment to quality, Polycab has grown into a trusted brand, offering a wide range of electrical products that cater to both residential and industrial needs. The company’s extensive distribution network ensures its products are accessible across the country, making it a significant player in India’s electrical industry. Polycab’s focus on innovation and customer satisfaction continues to drive its growth and success.
| Official Website | polycab.com |
| Headquarters | India |
| Number of employees | 4,843 (2024) |
| Subsidiaries | Polycab Australia Pty. Ltd, Polycab Support Force Private Limited, Polycab Usa LLC, Silvan Innovation Labs Pvt. Ltd. |
| Category | Share Price |
Current Market Overview of Polycab Share Price Target
- Open: INR 6,800.00
- High: INR 6,844.00
- Low: INR 6,736.05
- Market Cap:Â INR 1.02 Lakh Crore
- P/E Ratio: 57.29
- Dividend Yield:Â 0.44%
- fifty two-Week High:Â INR 7,331.45
- fifty two-Week Low:Â INR 3,801.00
Polycab Share Price Recent Graph
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Polycab Share Price Target Tomorrow
Here are the estimated share prices of Polycab for the upcoming years, based solely on market valuation, enterprise trends and professional predictions.Â
| S.No. | Polycab Share Price Target Years | SHARE PRICE TARGET |
| 1 | Polycab Share Price Target 2024 | ₹7543 |
| 2 | Polycab Share Price Target 2025 | ₹8949 |
| 3 | Polycab Share Price Target 2026 | ₹9227 |
| 4 | Polycab Share Price Target 20207 | ₹10667 |
| 5 | Polycab Share Price Target 2028 | ₹11322 |
| 6 | Polycab Share Price Target 2029 | ₹12450 |
| 7 | Polycab Share Price Target 2030 | ₹13560 |
Polycab India Ltd Shareholding Pattern
- Promoters:Â 65.02% (Decreased from 65.24%)
- Retail and Others:Â 14.42%
- Foreign Institutions (FII/FPI):Â 13.63% (Increased from 11.96%)
- Mutual Funds:Â 5.26% (Decreased from 5.45%)
- Other Domestic Institutions:Â 1.67%
Key Growth Drivers For Polycab Share Price
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Leading Market Position: Polycab’s strong presence in the cables and wires industry positions it as a market leader, which helps maintain steady revenue and investor trust.
- Expansion into Electrical Goods: The company’s strategic move into the fast-moving electrical goods (FMEG) sector is opening up new avenues for growth and diversifying its income streams.
- Extensive Distribution Network: Polycab’s wide-reaching distribution network ensures its products are available across India, supporting consistent sales and market expansion.
- Innovation and R&D: By continuously investing in research and development, Polycab stays at the forefront of technology, offering innovative products that keep it competitive.
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Rising Infrastructure Demand: The growing focus on infrastructure development in India is driving demand for electrical products, benefiting Polycab’s sales and boosting its share price.
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I am Ankita Vasishtha, passionate about trading and deeply committed to sharing my knowledge and insights with individuals like you. With a solid understanding of market dynamics and a knack for identifying trends, I strive to empower you with the information you need to thrive in trading.