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Markets2h 44m ago

Polycab shares extended losses for a third straight session despite a Q1 earnings beat, driven by strong wires and cables growth and a surge in the FMEG business.

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India

Who
Polycab
What
Polycab shares extended losses for a third straight session despite a Q1 earnings beat, driven by strong wires and cables growth and a surge in the FMEG business.
When
Fri, 17 Jul 2026 07:29:02 GMT · 2h 44m ago
Where
India ·
Why
The reason for the stock decline despite positive earnings was not explicitly stated in the provided text, beyond the fact that losses were extended for a third straight session.
The Frontline Impact

How this affects you

Polycab's stock experienced a 4% decline, indicating a negative market reaction despite strong quarterly earnings driven by growth in its wires and cables and FMEG segments. Brokerages maintain a positive outlook.

Story chain

2 events in this thread
  1. Currently Reading2h 44m ago
    Polycab shares extended losses for a third straight session despite a Q1 earnings beat, driven by strong wires and cables growth and a surge in the FMEG business.
  2. Markets2h 44m ago
    Polycab shares fell 4% despite reporting Q1 earnings that beat expectations, driven by strong performance in its wires and cables segment and a surge in its FMEG business.
    Open article

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