NSE: POLYCAB · 7 October 2026
- Polycab India Limited shares moved higher in Tuesday's trading session, gaining 2.00% to close at ₹8,310.00 compared to its previous close of ₹8,147.00. The stock opened at ₹8,130.50 and traded within an intraday range of ₹8,040.50 and ₹8,334.50, spending the latter part of the session closer to its high.
- Polycab India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
- Trading volume was 1.53 times the 20-day average daily volume.
Why is Polycab India share price rising on 7 October 2026?
Polycab India Limited shares moved higher in Tuesday's trading session, gaining 2.00% to close at ₹8,310.00 compared to its previous close of ₹8,147.00. The stock opened at ₹8,130.50 and traded within an intraday range of ₹8,040.50 and ₹8,334.50, spending the latter part of the session closer to its high.
In broader market context, the stock's positive price action contrasted with the benchmark Nifty, which declined by 0.76% during the same session.
Company disclosures show that Polycab's board has scheduled a meeting for October 15, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
5.28 lakh shares traded by 7 October 2026 · 03:15 PM IST. This compares with a 20-day average daily volume of 3.45 lakh shares (1.53 times). The five-day average daily volume was 3.37 lakh shares. Separately, the NSE report for 6 October 2026 showed 2.05 lakh shares delivered, representing 67.92% of that day’s traded volume. The same report recorded 32,426 trades.
Polycab gained 2.00% on above-average volume while outperforming a declining Nifty benchmark. While upcoming Q2 results scheduled for October 15 provide longer-term context, today's move reflects strong cash-market participation and short-term momentum.
Latest Company Developments
Polycab India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
Demise of Mr Diwaker Bharadwaj, SMP of the company on August 17, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 4.77% on 30 June 2026. This compares with 5.23% on 31 March 2026, a change of -0.46 percentage points.
The filing reported 38 MF/UTI holders.
Research & Brokerage Views
Maintained a positive view on Polycab relative to peers, advising investors to buy the fall.
Raised target price to ₹9,500 following a robust financial performance.
Highlighted upside potential despite near-term industry headwinds.
What to Watch Next
- Upcoming unaudited standalone and consolidated financial results for Q2 FY27 scheduled for October 15, 2026
- Execution and demand trends in the core wires and cables segment alongside FMEG expansion
- Delivery percentage and cash volume sustainability above the 20-day moving average
- Institutional investor participation and analyst commentary following recent roadshows
Other Dated Coverage
- Why Polycab Shares Are Up 1.13% Today: Market Context | 5 October 2026 — 5 October 2026
- Why Polycab Share Price is Falling Today | Stock Analysis | 28 September 2026 — 28 September 2026
More Polycab India news and dated analysis →
Frequently Asked Questions
What is the latest Polycab India company news?
Polycab India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
How strong was Polycab India’s trading volume?
5.28 lakh shares traded, 1.53 times the 20-day average daily volume. The price and volume data are dated 7 October 2026 · 03:15 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.