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Markets7h 59m ago

Polycab India shares fell 4% on Friday after the company reported a 33% year-on-year increase in Q1FY27 net profit to Rs 797 crore and a 39% jump in consolidated revenue to Rs 8,210 crore.

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India

Who
Polycab India
What
Polycab India shares fell 4% on Friday after the company reported a 33% year-on-year increase in Q1FY27 net profit to Rs 797 crore and a 39% jump in consolidated revenue to Rs 8,210 crore.
When
Fri, 17 Jul 2026 00:00:00 GMT · 7h 59m ago
Where
India ·
Why
Investors booked profits despite strong Q1 earnings driven by growth in the Wires & Cables and Fast-Moving Electrical Goods (FMEG) businesses.
The Frontline Impact

How this affects you

The share price decline indicates potential market saturation or profit-taking sentiment among investors, despite robust underlying business performance.

Story chain

4 events in this thread
  1. Markets2h 21m ago
    Polycab India shares declined 4% on Friday following the company's Q1FY27 earnings report.
    Open article
  2. Markets3h 35m ago
    Polycab India stock fell 3.5% to Rs 8888 in early deals against the previous close of Rs 9216.10, with the firm's market cap slipping to Rs 1.35 lakh crore.
    Open article
  3. Markets3h 35m ago
    Polycab India stock fell 3.5% to Rs 8888 in early deals against the previous close of Rs 9216.10.
    Open article
  4. Currently Reading7h 59m ago
    Polycab India shares fell 4% on Friday after the company reported a 33% year-on-year increase in Q1FY27 net profit to Rs 797 crore and a 39% jump in consolidated revenue to Rs 8,210 crore.

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