Highlights

• Polycab India shares touched a fresh 52-week high during Thursday’s trading session.
• The stock delivered over 56 percent returns on a one-year basis.
• Deliverable quantity crossed 53 percent amid active market participation in the counter.

Shares of Polycab India Limited (NSE:POLYCAB) traded higher on 22 May 2026, with the stock quoted at Rs 9,287.00. The stock gained 1.02 percent compared to its previous close of Rs 9,193.50. The stock opened at Rs 9,227.50 and touched an intraday high of Rs 9,316.50, which also marked its fresh 52-week high.

The day’s low stood at Rs 9,194.00, while the VWAP was recorded at Rs 9,269.19. Exchange indicators also showed that the stock’s price-to-earnings ratio remained above 50 based on the previous four trailing quarters.

Source: TradingView

Trading Activity And Market Capitalisation

During the session, Polycab India recorded traded volumes of 1.20 lakh shares, while traded value stood at approximately Rs 111.19 crore.

The company’s total market capitalisation was around Rs 1.39 lakh crore. Free float market capitalisation stood at Rs 48,889.94 crore.

Deliverable quantity accounted for 53.47 percent of traded volume, indicating continued delivery-based participation in the stock.

Returns Outperform Benchmark Index

Polycab India outperformed the NIFTY MIDCAP 50 index across multiple periods. The stock gained 15.56 percent over the past one month compared to 2.40 percent gains in the benchmark index. Year-to-date returns stood at 21.06 percent, while the benchmark index gained 0.72 percent during the same period.

On a one-year basis, the stock delivered returns of 56.17 percent against 10.84 percent gains in the benchmark. The long-term performance also remained notable. Polycab shares advanced 170.71 percent over three years and 471.05 percent over the past five years.

Source: NSE

Volatility And Price Indicators

The stock traded without a fixed price band on the exchange. The upper band for the session stood at Rs 10,112.50, while the lower band was Rs 8,274.50. Daily volatility in the stock was reported at 2.16 percent, while annualised volatility stood at 41.27 percent.

The applicable margin rate was 17.33 percent. Polycab India shares traded with a tick size of Rs 0.50 and carry a face value of Rs 10 per share.

Business Overview

Polycab India operates in the cables and wires segment and manufactures allied electrical products including uPVC conduits, lugs, and glands. The company also offers consumer electrical products such as fans, switches, switchgear, LED lighting products, solar inverters, and pumps. The stock trades in the EQ series and is also available in the derivatives and SLB segments on the NSE.

Source: Company filing

Key Risks

• Elevated valuation multiples may increase sensitivity to earnings disappointments.
• Commodity price fluctuations may impact manufacturing and operating costs.
• Demand slowdown in infrastructure projects may affect revenue growth trends.
• Competitive pressure in electrical products may influence pricing margins.

Summary

Polycab India (NSE:POLYCAB) shares remained in focus after touching a fresh 52-week high on 22 May 2026. The stock gained more than 1 percent during the session and continued to outperform benchmark indices across multiple periods. Trading activity, delivery participation, and long-term returns also remained notable. Investors monitored valuation indicators, volatility levels, and broader market movement during the trading session.

FAQs

Q: Why did Polycab India shares rise on 22 May 2026?

A: The stock gained over 1 percent and touched a fresh 52-week high during the session.

Q: What were Polycab India’s one-year returns?

A: Polycab India shares delivered returns of 56.17 percent over the past one year.

Q: What products does Polycab India manufacture?

A: The company manufactures cables, wires, electrical products, solar inverters, pumps, and lighting products.