Polycab India Ltd

Stage 3 · Topping · week 8

As of 9 Oct 2026, Polycab India is in Stage 3 — topping, where an uptrend loses steam, in week 8 (since 13 Aug 2026). It closed at ₹8,255, 18.1% below its 52-week high and below its 200-day average, which is rising. In Industrials, 25.9% of stocks are in Stage 2.

Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand in India and internationally. More about the company

₹8,255
+1.28% today
₹1.24L Cr · Large cap
Market Neutral — FadingIndustrials 25.9% in Stage 2-3.4 pts / 20dElectrical Components & Equipments 38.1%+0.9 pts

Pro read

Pro

Our read

Topping — the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

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Is POLYCAB early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-18.1%
₹6,722 lo₹10,083 hi
18.1% 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 8
1w13w26w
Week 8 — distribution, avoid new longs
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-1.8%
200 DMA: ₹8,406.6 · 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
0.92x
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 rolling over · -3.4% vs MA50 -4.2%
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.
1M
-1.4%
3M
-10.4%
6M
+8.6%
YTD
+8.0%
1Y
+12.3%
Sector
Industrials
↓ Peaking
Stage 2%
25.9%
20d Δ
-3.4pp
1M return
-5.0%
3M return
-3.8%
Sector Stage-2 % · last 20 days
Sector has 128 Stage 2 leaders. See Industrials Stage 2 →
Industry
Electrical Components & Equipments
→ Flat
Stage 2%
38.1%
20d Δ
+0.9pp
1M return
-2.0%
3M return
+7.7%
Industry Stage-2 % · last 20 days
Stage Cycle Timeline2023-07-14 → 2026-10-09
S2 27w
S2 18w
S2 22w
S2 16w
2023-07-142026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 27w → 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 8w current
Total tracked: 168 weeks across 18 stage runs.
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
2026-10-09S3
Wk 8 · Vol 0.92x
2026-10-08S3
Wk 8 · Vol 1.01x
2026-10-07S3
Wk 8 · Vol 1.48x
2026-10-06S3
Wk 8 · Vol 0.85x
2026-10-05S3
Wk 8 · Vol 1.19x
2026-10-01S3
Wk 7 · Vol 1.30x
2026-09-30S3
Wk 7 · Vol 1.40x
2026-09-29S3
Wk 7 · Vol 4.97x
2026-09-28S3
Wk 7 · Vol 0.82x
2026-09-25S3
Wk 7 · Vol 0.86x
2026-09-24S3
Wk 6 · Vol 0.68x
2026-09-23S3
Wk 6 · Vol 0.64x
Sector Peers — Stage 2All →
SHIVAUM
wk 27 · -1.1% from hi
9.4
SAMBHV
wk 10 · -2.7% from hi
9.0
LOKESHMACH
wk 27 · -3.2% from hi
8.9
SPECTRUM
wk 18 · -3.5% from hi
8.9
AXISCADES
wk 3 · -9.8% from hi
8.8
Moving averages & range
50 DMA
₹8,703.6
200 DMA
₹8,406.6
52W High
₹10,083
52W Low
₹6,722
5D Low
₹8,080
Resistance levels (recent highs)
20d High
₹8,417
60d High
₹9,445
120d High
₹10,083
250d High
₹10,083
Next resistance
+2.0%
to 20d High
Ask the Market AI about POLYCABAsk →
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
About this companyIndustrials· Electrical Components & Equipments

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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All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.