If you are looking for “ Polycab India share price targets” for upcoming years, you are in the right place. Before we dive into Polycab India Ltd. stock price targets, Let’s understand the Polycab India company background, technical fundamentals etc.
- 1 About Polycab India Ltd.
- 2 Fundamentals of Polycab India Ltd.
- 3 Polycab India Ltd. Share Price Target Details
About Polycab India Ltd.
Polycab India Ltd. is a leading manufacturer of electrical wiring and cables in India. The company was founded in 1968 and is headquartered in Mumbai, India. Polycab has a diverse product portfolio that includes power cables, control cables, communication cables, and others. The company has a strong distribution network, with over 4,000 authorized dealers and distributors in India. Polycab is also present in over 40 countries worldwide.
Fundamentals of Polycab India Ltd.
Let’s look at the fundamentals of Polycab India, based on which we can get a clear understanding of the expertise in the Cable sector.
- Current Market Cap: The current market cap of Polycab India as of 3/11/2023, is ₹ 44,681.54
- P/E Ratio: The current price-to-earning ratio of Polycab India is 38.55
- Sales Growth: Sales growth in last 1 year for Polycab India is 38.8 %
- Profit Growth: Profit growth is around 0.78 % in last 1 year
We have done a complete analysis of Polycab India and have come up with its share price targets for upcoming years.
Polycab India’s Current Share Price is ₹2,984
Note: These price targets of “Polycab India” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.
|Year||Polycab India Share Price Targets (₹)|
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of Polycab India for the year 2023 will be ₹3294
The target share price of Polycab India for the year 2024 will be ₹3449
The target share price of Polycab India for the year 2025 will be ₹3604
The target price of Polycab India for the year 2026 will be ₹3759
The target share price of Polycab India for the years 2027, 2028, 2029, and 2030 will be ₹3914, ₹4069, ₹4224, and ₹4379 respectively.