SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Polycab India trades in green on partnering with Redington

01 Dec 2022 Evaluate

Polycab India is currently trading at Rs. 2587.95, up by 23.60 points or 0.92% from its previous closing of Rs. 2564.35 on the BSE.

The scrip opened at Rs. 2567.05 and has touched a high and low of Rs. 2593.60 and Rs. 2560.95 respectively. So far 4654 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2853.50 on 19-Oct-2022 and a 52 week low of Rs. 2045.00 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 2593.60 and Rs. 2520.05 respectively. The current market cap of the company is Rs. 38736.87 crore.

The promoters holding in the company stood at 67.97%, while Institutions and Non-Institutions held 16.79% and 15.23% respectively.

Polycab India and Redington have entered into a strategic partnership for Indian market. Polycab will have now Redington as its National Distributor for its end-to-end passive networking solutions. With this tie-up, Polycab’s telecom division, Polycab Telecom looks forward to meet its distribution-objectives and strengthen the presence of its passive networking portfolio, comprising end-to-end copper and fibre system, all across India, capitalizing on Redington’s extensive distribution-network and efficient operational expertise.

In view of the growing demand for connectivity and data-services, the agreement between Polycab and Redington holds huge significance. Renowned for the optimal use of resources to ensure the best-possible results, Redington will enable Polycab to engage with its large chain of Value-Added Distributors (VADs) and drive business through them across different tiers of cities in the country.

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.

Polycab India Share Price

8184.95 284.50 (3.60%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Polycab India 8184.95
KEI Industries 4841.10
RR Kabel Ltd. 1475.45
Finolex Cables 943.60
Precision Wire India 377.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×