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Polycab India Limited is currently in a long term uptrend where the price is trading 50.3% above its 200 day moving average.
From a valuation standpoint, the stock is 68.8% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.6.
Polycab India Limited's total revenue rose by 8.2% to $27B since the same quarter in the previous year.
Its net income has increased by 20.0% to $3B since the same quarter in the previous year.
Finally, its free cash flow grew by 523.8% to $15B since the same quarter in the previous year.
Based on the above factors, Polycab India Limited gets an overall score of 5/5.
Sector | Industrials |
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CurrencyCode | INR |
Exchange | NSE |
Industry | Electrical Equipment & Parts |
ISIN | INE455K01017 |
Dividend Yield | 0.5% |
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Target Price | 3037.65 |
PE Ratio | 39.64 |
Beta | 0.62 |
Market Cap | 462B |
Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand in India and internationally. The company offers rubber cable, fire survival cables, and wires. It also provides ceiling, table, pedestal, wall, exhaust, farrata, and air circulated fans. In addition, the company provides lighting and luminaires, touch switches, modular plates, switches, and accessories, and switchgear consisting of isolators, MCB, RCCB, RCBO, DB, ACCL, and MCB changeover switches. Further, the company offers solar grid tie inverter, DC MCB, solar DC cable, and solar panels; UPVC conduit and concealed box; and self-priming monobloc, centrifugal monobloc, borewell submersible, domestic openwell submersible, and jet pumps, as well as submersible flat and round cables. Additionally, it provides water heaters, coolers, and iron appliances. Furthermore, the company engages in the design, engineering, supply, execution, and commissioning of power distribution, transmission, and rural electrification projects. It operates a distribution network of 3,464 authorized dealers and distributors; and 100,000 retail outlets. Polycab India Limited was incorporated in 1996 and is based in Mumbai, India.
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