₹ 7608
Key Takeaways
Risk factor
Low price volatility
Profitability factor
Very strong margins and returns
About
Polycab India Limited manufactures and sells wires and cables under the POLYCAB brand in India and internationally. The company offers rubber cable, fire survival cables, and wires. It also provides ceiling, table, pedestal, wall, exhaust, farrata, and air circulated fans. In addition, the company provides lighting and luminaires, touch switches, modular plates, switches, and accessories,...
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued
Target Price
The average target price of POLYCAB.NS is 7356 and suggests 3% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation t