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POLYCAB · Industrials · 2026-08-21

Polycab India Ltd

Stage 3 · wk 2In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹8,966
-1.74% today
₹1,35,059 Cr · Large cap
About this companyIndustrials· Electrical Components & Equipments
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Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand in India and internationally. The company operates through three segments: Wires and Cables; Fast Moving Electrical Goods (FMEG); and Engineering, Procurement and Construction (EPC). The Wires and Cables segment provides wires, such as PolycabSuprema house wires, PolycabMaxima+ Green wire, PolycabPrimma house wires, ETIRA house wires, PolycabOptima+, GREENWIRE 180m, and POLYCAB LF FR 180m; and cables, such as control, rubber, defense, special, fire protection, marine offshore/onshore, domestic appliance and lighting, aerial bunched, industrial, high temperature, LV power, MV power, EHV power, communication and data, and instrumentation. The Fast Moving Electrical Goods segment offers ceiling, table, pedestal, wall, exhaust, farrata, and air circulated fans; LED lighting and luminaires, such as LED Bulb, downlight, panel light, led batten, outdoor lights, and rope and strip lights; water heaters; switches and accessories; switchgears consisting of isolators, MCB, RCCB, RCBO, distribution board, ACCL, and MCB changeover switches; solar products, including solar panel and invertors; and pumps, conduits, and domestic appliances. The EPC segment designs, engineers, and supplies materials; and engages in the survey, execution, and commissioning of turn-key power distribution, transmission, and rural electrification projects. The company provides coolers and iron appliances. It operates a distribution network through authorized dealers and distributors, and retail outlets. The company was founded in 1964 and is based in Mumbai, India.

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P/E (TTM)
54.6
Forward 39.3
Earnings Growth (YoY)
+8.0%
Revenue +26.9%
ROE
+24.6%
Profit margin +9.3%
Dividend Yield
0.36%
P/B 12.1
vs 52W High
-11.1%
₹6,722 lo₹10,083 hi
11.1% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 2
1w13w26w
Week 2 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
8.8%
200 DMA: ₹8,240.7 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.94x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
MA20 gently rising · +0.6% vs MA50 -1.1%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Industrials
↑ Building
Stage 2%
37.6%
20d Δ
+1.4pp
1M return
+4.5%
3M return
+8.2%
Sector Stage-2 % · last 20 days
Sector has 162 Stage 2 leaders. See Industrials Stage 2 →
Industry
Electrical Components & Equipments
→ Flat
Stage 2%
46.1%
20d Δ
+0.0pp
1M return
+10.4%
3M return
+14.3%
Industry Stage-2 % · last 20 days
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 33w
S2 18w
S4 13w
S2 22w
S2 16w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 33w → S3 7w → S4 4w → S1 2w → S2 18w → S3 5w → S2 6w → S3 3w → S2 8w → S3 2w → S4 13w → S1 8w → S2 22w → S3 9w → S2 5w → S3 3w → S2 16w → S3 1w current
Total tracked: 168 weeks across 18 stage runs.
1M
+0.3%
3M
-3.2%
6M
+17.4%
YTD
+19.7%
1Y
+28.7%
Scan Membership
Breakout Watch
Latest: 2026-04-21
6 appearances in last 60 days. First seen: 2024-04-24.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-08-21S3
Wk 2 · Vol x
2026-08-20S3
Wk 2 · Vol x
2026-08-19S3
Wk 1 · Vol x
2026-08-18S3
Wk 1 · Vol x
2026-08-17S3
Wk 1 · Vol x
2026-08-14S3
Wk 1 · Vol x
2026-08-13S32→3
Wk 1 · Vol x
2026-08-12S2
Wk 16 · Vol x
2026-08-11S2
Wk 16 · Vol x
2026-08-10S2
Wk 16 · Vol x
2026-08-07S2
Wk 16 · Vol x
2026-08-06S2
Wk 15 · Vol x
Sector Peers — Stage 2All →
MARINE
wk 13 · -0.3% from hi
9.8
RATNAVEER
wk 14 · -0.8% from hi
9.8
UNIVCABLES
wk 14 · -8.7% from hi
9.4
TIIL
wk 13 · 0.0% from hi
9.3
RKFORGE
wk 3 · -2.4% from hi
9.2
Moving averages & range
50 DMA
₹9,340.5
200 DMA
₹8,240.7
52W High
₹10,083
52W Low
₹6,722
5D Low
₹8,966
Resistance levels (recent highs)
20d High
₹9,370
60d High
₹10,083
120d High
₹10,083
250d High
₹10,083
Next resistance
+4.5%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.