Polycab India is currently trading at Rs. 813.00, up by 15.50 points or 1.94% from its previous closing of Rs. 797.50 on the BSE.
The scrip opened at Rs. 818.00 and has touched a high and low of Rs. 818.00 and Rs. 810.00 respectively.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1180.00 on 24-Feb-2020 and a 52 week low of Rs. 525.05 on 22-Aug-2019.
Last one week high and low of the scrip stood at Rs. 818.00 and Rs. 762.35 respectively. The current market cap of the company is Rs. 11879.21 crore.
The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 18.12% and 13.30% respectively.
Polycab India has incorporated a Wholly Owned Subsidiary in Australia under the name and style of ‘Polycab Australia’ on July 1, 2020. The company wants to expand its business in the overseas markets and create its presence worldwide.
Polycab India is the largest cables & wires manufacturer. It is also the fastest growing company in the Indian cable industry with consistent growth. The company also in the business segment of EPC, Cables.