Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

ICICI Direct is bullish on Polycab India has recommended buy rating on the stock with a target price of Rs 2850 in its research report dated May 12, 2022.

Buy Polycab India; target of Rs 2850: ICICI Direct

Based on the open interest future percentage, here are the 86 stocks including Voltas, ABB India, Polycab India, Birlasoft, and Dixon Technologies, in which long unwinding was seen.

Trade setup for today: Top 15 things to know before the opening bell

Prabhudas Lilladher recommended hold rating on Polycab India with a target price of Rs 2472 in its research report dated May 11, 2022.

Hold Polycab India; target of Rs 2472: Prabhudas Lilladher

Polycab India Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 36314.66 Crore) operating in Consumer Durables sector.

Hold Polycab India, target price Rs 2500: ICICI Securities

Wires and cables manufacturer Polycab India on Tuesday reported a 20 per cent year-on-year rise in net profit to Rs 325.33 crore for the fourth quarter ending March 31.

Polycab India Q4 net profit rises 20% to Rs 325 cr; revenue up 35%

Polycab said increase in revenue was on the back of healthy demand environment despite sharp inflation coupled with strong execution. Profit before tax (PBT) rose 16.7% year on year to Rs 430.02 crore in the quarter ended 31 March 2022. EBITDA w

Polycab India Q4 PAT rises 20% to Rs 3253 cr

ICICI Lombard General Insurance Company Ltd, VRL Logistics Ltd, Polycab India Ltd and Sadbhav Engineering Ltd are among the other losers in the BSE’s ‘A’ group today, 22 April 2022.

Rallis India Ltd leads losers in ‘A’ group

Ruby Mills Ltd has sold the 23rd and 24th floors of commercial space spread across an area of 55,383.65 sq. ft to Polycab India Ltd, the transfer deed showed.

Polycab India buys commercial space in Mumbai for Rs 202 crore

The companys newly acquired office spread over 55,400 sq ft space is in close proximity to its existing headquarters Polycab House in central Mumbais Mahim locality.

Polycab India buys office space in Mumbai’s Dadar for Rs 202 crore

Polycab India Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 36449.40 Crore) operating in Consumer Durables sector.

Buy Polycab India, target price Rs 2800: ICICI Direct

Sharekhan is bullish on Polycab India has recommended buy rating on the stock with a target price of Rs 3000 in its research report dated March 10, 2022.

Buy Polycab India: target of Rs 3000: Sharekhan

Polycab India is a manufacturer and seller of wires and cables and fast moving electrical goods. The Company's product line includes electric fans, LED lighting and luminaires, switches and switchgears under the 'POLYCAB' brand

Polycab India Ltd

Polycab India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy Polycab India; target of Rs 2850: ICICI Direct

Trade setup for today: Top 15 things to know before the opening bell

Hold Polycab India; target of Rs 2472: Prabhudas Lilladher

Hold Polycab India, target price Rs 2500: ICICI Securities

Polycab India Q4 net profit rises 20% to Rs 325 cr; revenue up 35%

Polycab India Q4 PAT rises 20% to Rs 3253 cr

Rallis India Ltd leads losers in ‘A’ group

Polycab India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy Polycab India; target of Rs 2850: ICICI Direct

Trade setup for today: Top 15 things to know before the opening bell

Hold Polycab India; target of Rs 2472: Prabhudas Lilladher

Hold Polycab India, target price Rs 2500: ICICI Securities

Polycab India Q4 net profit rises 20% to Rs 325 cr; revenue up 35%

Polycab India Q4 PAT rises 20% to Rs 3253 cr

Rallis India Ltd leads losers in ‘A’ group

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock