Polycab Share Price Target 2025: Will It Surge Past ₹8,000?
Polycab India Ltd (NSE: POLYCAB), one of the top cable and wire manufacturers in India, is in the spotlight after strong Q1 FY26 results. The stock is trading near ₹6,935.50, showing signs of bullish continuation. With strong technical indicators and growing investor interest, traders are wondering:
Can Polycab cross ₹8,000 in 2025?
Polycab Stock Summary (August 4, 2025)
-
Current Price: ₹6,935.50
-
52-Week High: ₹7,605
-
52-Week Low: ₹4,555
-
Market Cap: ₹1.04 Lakh Crore
-
P/E Ratio: ~46x
-
Dividend Yield: ~0.94% (₹35/share)
Polycab is trading close to its 52-week high after a strong quarterly performance.
Technical Analysis at a Glance
| Indicator | Signal |
|---|---|
| RSI (14) | 62 – Mildly Bullish |
| MACD | Positive Crossover |
| Support Zone | ₹6,700 – ₹6,800 |
| Resistance Zone | ₹7,100 – ₹7,300 |
| Trend Outlook | Bullish above ₹7,100 |
The technical setup shows strength. A clean breakout above ₹7,300 can push the stock toward higher targets.
Polycab Share Price Target 2025
| Market Scenario | Target Price (₹) | What Needs to Happen |
|---|---|---|
| Bullish | ₹7,700 – ₹8,100 | Breakout above ₹7,300 with volume |
| Moderate | ₹7,200 – ₹7,500 | Consolidation above ₹6,800 |
| Bearish Risk | ₹6,400 – ₹6,700 | Fails to hold ₹6,800 support |
Brokerages like JM Financial and UBS have set revised targets in the ₹7,600+ range, citing strong revenue visibility and margin growth.
Key Growth Triggers
-
Q1 FY26 PAT up ~50% YoY
-
High demand for industrial cables and wires
-
Strong balance sheet and consistent dividend payout
-
India’s infrastructure and electrification push
Risk Factors
-
High valuation (46x PE) requires earnings momentum to continue
-
Strong resistance between ₹7,100–₹7,300
-
Any slowdown in capex, real estate, or infra sectors may affect demand
Polycab looks technically strong and fundamentally stable. If the price sustains above ₹7,100, it could head toward ₹8,000+ in 2025. Investors should watch for a breakout with volume and manage risk near ₹6,700.
