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42· Steady
Markets23m ago
Polycab India shares declined 4% on Friday following the company's Q1FY27 earnings report.
India
Who
Polycab India
What
Polycab India shares declined 4% on Friday following the company's Q1FY27 earnings report.
When
Fri, 17 Jul 2026 05:38:00 GMT · 23m ago
Where
India ·
Why
Investors booked profits despite the company reporting its best-ever first-quarter performance with a 33% year-on-year rise in net profit and a 39% jump in consolidated revenue.
The Frontline Impact
How this affects you
The share price movement indicates a market reaction to profit-taking by investors, overriding strong financial performance metrics for Polycab India.
Story chain
3 events in this thread- Currently Reading23m agoPolycab India shares declined 4% on Friday following the company's Q1FY27 earnings report.
- Markets1h 38m agoPolycab 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
- Markets1h 38m agoPolycab India stock fell 3.5% to Rs 8888 in early deals against the previous close of Rs 9216.10.Open article
Verified Sources & Citations
- HIGHBusiness Todayhttps://www.businesstoday.in/markets/stocks/story/profit-booking-in-polycab-shares-after-q1-earnings-brokerages-share-price-targets-outlook-543518-2026-07-17
- HIGHThe Economic Timeshttps://economictimes.indiatimes.com/markets/stocks/news/polycab-india-shares-fall-4-despite-strong-q1-earnings-profit-jumps-33-yoy/articleshow/132453589.cms
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