Polycab India Limited (NSE, BSE: POLYCAB), as a market leader in wires, cables, and fast-growing FMEG (Fast-Moving Electrical Goods) segments, has built a solid foundation backed by innovation, strong distribution, and rising infrastructure demand. According to our projections, the stock has the potential to reach ₹6,250.15 in 2025, ₹11,438.30 by 2030, ₹18,421.45 by 2035, ₹29,667.95 by 2040, and could soar to ₹76,951.60 by 2050, offering impressive long-term growth potential.
Polycab India Ltd. (NSE: POLYCAB, BSE: 542652) is one of India’s leading manufacturers of wires, cables, and electrical solutions, with a growing presence in the FMEG (Fast-Moving Electrical Goods) segment. Over the years, the company has established a strong market position, backed by its wide distribution network, consistent revenue growth, and focus on innovation and sustainability.
With India’s rapid infrastructure development and rising demand for reliable electrical products, Polycab has become a favorite among long-term investors. In this blog post “Polycab India Ltd. | POLYCAB Share Price Targets 2025 – 2050 with Detailed Analysis“, we present a comprehensive forecast of POLYCAB share price targets from 2025 to 2050 which will be supported by data-driven insights and recent technical trends.
Polycab India Share Price Analysis : SHORT & LONG TERM
Before getting into POLYCAB’s share price targets, we will first analyse the POLYCAB’s technical chart and compare the its performance with major indices like NIFTY50 and Sensex. This section will cover a detailed long-term share price analysis and timeframe analysis of POLYCAB’s stock.
Chart analysis of POLYCAB Share Price
In POLYCAB share price chart we can clearly see that its recent uptrend started from Jan-end, 2024. Since then, POLYCAB is trending up and reached ₹7605.00 from ₹3957. On its First trading day of 2024 (Jan 01, 2024) it OPENED its year at the price of ₹5500.00 & now in the year 2025, it is trading on ₹6,094.00(May 18, 2025) showing a positive return of +10.80%.
POLYCAB share price fell on Jan 08 2024 from the high of ₹5469.90 to ₹3801.00. In single day, it’s value dropped by -26.30%. But after this huge fall, POLYCAB started trading up and in June 2024, it touched the high of ₹7331.45. After touching this high, Polycab India started trading in a range of ₹7600 to ₹6080. From Jan 2025, it started its downtrend with lowers high & lower lows, reaching a low of ₹4555.00 on Feb 24,2025. Not, it is trading at ₹6094.00, trying to trade upside, which is likely to continue for some time ahead in 2025.
Polycab India Limited : A comparative analysis with Indices & Peers
NIFTY, SENSEX & POLYCAB : A comparative analysis
Polycab India Limited is neither a part of NSE’s NIFTY index nor included in BSE’s SENSEX index. Still by observing the comparative chart above, we can clearly see the strong correlation between POLYCAB & SENSEX. Below is the comparative table of 5 year NIFTY, SENSEX & POLYCAB returns based on CLOSING Prices.
Year
Nifty
Sensex
POLYCAB
🟢 2024
+8.80%
+8.17%
+32.59%
🟢 2023
+20.03%
+18.74%
+113.49%
🟢 2022
+4.33%
+4.44%
+4.16%
🟢 2021
+24.12%
+21.99%
+137.88%
🟢 2020
+14.90%
+15.75%
+4.49%
From 2020 till 2024, POLYCABgave the decent returns when compared to both the major indices. It always outperformed both the indices with a huge margin except in 2020 & 2022. We can also observe the close relationship between overall market movement & Polycab’s share price movements. In another tab, we have compared Polycab with its peer companies.
POLYCAB Peer Comparison / Competitors analysis
Now we will compare Polycab India Limited to its top competitors. We will see how its peer companies performed year-on-year . Below is the comparative table of KEI Industries Ltd.(KEI), Finolex Cables Ltd (FINCABLES), Universal Cables Ltd (UNIVCABLES), Dynamic Cables Ltd (DYCL)’s returns from 2020 to 2024 based on CLOSING Prices.
Year
POLYCAB
FINCABLES
UNIVCABLES
DYCL
2024
+32.6%
+10.6%
+58.1%
+122.5%
2023
+113.5%
+95.5%
+73.9%
+129.2%
2022
+4.1%
+3.6%
+71.6%
–
2021
+137.9%
+53.2%
+17.3%
–
2020
+4.5%
-7.1%
-7.7%
–
Average Returns
+58.5%
+31.2%
+42.6%
+125.8%
Here we can observe that POLYCAB performance is par to its peers if we look at the 5-year average returns. Since Quadrant Future Tek (QUADFUTURE) got listed on Jan 14, 2025, we are not considering it in our analysis
Polycab India Ltd. (BSE, NSE : POLYCAB) Key Indicator Values
Indicator
Value
Interpretation
Profit Before Income Tax/Share (in Rs.)
185.96 (Mar 25)
POLYCAB’s PBIT / Share ratio was 161.02 (Mar 24) & 116.50 (Mar 23).
Earning-per-Share (EPS)
113.14 (FY25)
POLYCAB’s EPS has been decreased from 117.97 Rs (FY24).
Debt-to-Equity (D/E) ratio
0.00 (FY25)
POLYCAB’s D/E ratio is constant as compared to previous years. Its a DEBT FREE company.
Polycab India Ltd. Share : Long term price analysis
From the given table we can observe that in the previous 5 years, POLYCAB shares gave TREMENDOUS returns to its investors from 2020 till 2024. These percent changes are based on the HIGH price (TARGET) basis.
Year
Close
Low
High
% change on High
🟢 2024
7272.35
3801.00
7605.00
+32.65%
🟢 2023
5484.85
2546.05
5733.00
+89.52%
🟢 2022
2569.10
2043.85
3025.00
+14.24%
🟢 2021
2466.50
1031.00
2648.00
+124.03%
🟢 2020
1036.85
570.00
1182.00
+19.12%
If we take average inflation rate of 6% per annum into account, it can still be considered as MIND-BLOWING returns (ROI) almost ~250% in 5 years. Now we know about the historical price change, its time to dive into how POLYCAB share might behave in coming days. Let’s analyze it on different timeframes.
Time-Frame analysis of Polycab India : Daily, Weekly & Monthly
As by a simple timeframe chart analysis we can observe the following about POLYCAB share price which will help us more in reaching our final outcome i.e. POLYCAB share price targets-
Time Frame
Observation
View Daily Chart (Every candle represents POLYCAB share’s trading session of one day. Each single candle represent the HIGH, LOW, OPEN, CLOSE of that particular day)
On daily time-frame, we can observe that Polycab India share is trading ABOVE all the 21 Day, 50 Day, 100 Day except 200 Day SMAs. This is the indicator of clear BULLISH trend for medium term but not recommended for Long term buying until it crosses 200 D SMA.
View Weekly Chart (Every candle represents POLYCAB stock’s trading session of one week. Each single candle represent the HIGH, LOW, OPEN, CLOSE of that particular week)
On the weekly time-frame Polycab India share is trading above all 21 weeks, 100 weeks & 200 weeks SMA except 50 weeks SMA. This indicates that POLYCAB share is in clear Bullish trend, if we look at it from a very long term perspective but you should wait until Polycab cross its 52 Weeks SMA for fresh buying.
View Monthly Chart (Every candle represents POLYCAB stock’s trading session of one month. Each single candle represent the HIGH, LOW, OPEN, CLOSE of that particular month)
On the Monthly time-frame, Polycab India share is trading above 21 weeks & 50 weeks SMA, although we cannot interpret anything from these SMAs. But, you can observe its growth from 2020 to 2025. Except some corrections, POLYCAB is making higher highs on monthly timeframe.
Technical Analysis for POLYCAB Share price analysis, SMA – Simple Moving Average as on May 18, 2025.
Since there is a POSITIVE perspective shown by SMAs in Daily as well as Weekly time-frame & while observing the directions of the SMAs, we can find that POLYCAB’s direction is sideways to uptrend in Weekly & Daily time-frames. Although, POLYCAB stock gave decent returns to the patient investor in previous years, you should wait until it gives clear signals of buying before putting money into it.
Polycab India Share Price Target : SHORT & LONG TERM
By 2030, Polycab India’s share price is projected to reach ₹11,438.30, delivering an approximate 57.30% return from its 2024 closing price of ₹7,272.35.
By 2035, the stock could climb to ₹18,421.45, representing a 153.27% gain.
By 2040, Polycab’s share value is expected to rise to ₹29,667.95, marking a 307.76% increase from its 2024 level.
By 2045, the share value could reach ₹47,780.05, reflecting a 556.98% surge from 2024.
Looking even further, by 2050, the share price could soar to ₹76,951.60, indicating an incredible 958.13% growth compared to the 2024 closing price.
These projections are provided without considering any kind of share split. These can be considered as share price targets on overall value of Polycab India (POLYCAB) share price today.
POLYCAB Share Price Target 2025 (month-wise)
Month
Stock Price Target
April 2025
₹ 5050.15
May 2025
₹ 5325.10
June 2025
₹ 5753.35
July 2025
₹ 6250.15
August 2025
₹ 6123.75
September 2025
₹ 5984.65
October 2025
₹ 5740.70
November 2025
₹ 5934.15
December 2025
₹ 6083.80
BSE, NSE : POLYCAB Share Price Target for 2025 (month-wise)
As per our analysis of Polycab India share price target 2025, we are expecting that the prices may rise up to ₹6250.15. Yes, it is lower than the previous year’s close but due to its fall during March 2025, we have to lower its targets.
BSE, NSE : POLYCAB Share Price Target for 2026 (month-wise)
As per our analysis of POLYCAB share price target 2026, we are expecting that the prices may rise up to ₹7812.50 by 2026, offering an approximate +7.43% return on its 2024’s closing price of ₹7272.35.
POLYCAB Share Price Target 2027 (month-wise)
Month
Stock Price Target
January 2027
₹ 7853.05
February 2027
₹ 7708.45
March 2027
₹ 7937.25
April 2027
₹ 8064.10
May 2027
₹ 8315.05
June 2027
₹ 8109.75
July 2027
₹ 8283.80
August 2027
₹ 8349.50
September 2027
₹ 8593.75
October 2027
₹ 8409.15
November 2027
₹ 8360.45
December 2027
₹ 8515.85
BSE, NSE : POLYCAB Share Price Target for 2027 (month-wise)
As per our analysis of Polycab India share target 2027, we are expecting that the prices may rise up to ₹8593.75, offering an approximate +18.18% return on its 2024’s closing price of ₹7272.35.
In conclusion, Polycab India Ltd. (BSE, NSE : POLYCAB), established in 1964 with a legacy of over 60 years, stands out as a robust player in India’s electrical and cable manufacturing sector. With a current market capitalization of ₹91,664.44 crores and annual revenue of ₹18,039 crores, the company has shown consistent growth and operational excellence. Since its listing in 2019, Polycab has not only remained in sync with major indices like Nifty50 and Sensex but has also outperformed many of its peers over the last five years.
The stock reached an all-time high of ₹7,605.00 in December 2024, and with its debt-free status, strong fundamentals, and market leadership, it is well-positioned for long-term gains. According to our analysis, Polycab’s share price could potentially rise to ₹76,951 by 2050, offering promising opportunities for forward-looking investors.
Don’t forget to check out our FAQs, you may find the answer of your query. Please rate this post if you like it, suggestions are also welcomed. 🤑HAPPY INVESTING🤑
Frequently Asked Questions (FAQs)
1) Is POLYCAB a good share to buy?
As per our analysis, we recommend Polycab India Limited (BSE, NSE : POLYCAB) as a DECENT BUY for a long term investor if you can handle its fluctuations. Yes, Polycab has the potential to go up or down by 10-20% within days. Although, with rapid infrastructure development & rising demand, Polycab can be one of the multi-bagger stock among electrical solutions sector.
2) What is the price target for POLYCAB in 2025?
₹6250.15 is the POLYCAB share price target 2025 which is lower than the 2024’s closing price of ₹7272.35, due to its recent fall in March 2025.
3) What is the POLYCAB share price target for 2050?
By 2050, the Polycab India share price target could be around ₹76,951.60 (without considering any split).
4) What is the POLYCAB share price target for 2040?
By 2040, the POLYCAB share target could be around ₹29,667.95 (without considering any split).
5) What is the POLYCAB share price target for 2030?
As per our analysis, POLYCAB share target can be a high of ₹11438.30 in 2030.
6) What can be the POLYCAB share price target tomorrow?
Since POLYCAB share’s average daily move is around +/- 2.50%. We can estimate +2.50% or -2.50% of previous day’s close for POLYCAB share price target tomorrow.
The content shared in the article “Polycab India Ltd. | POLYCAB Share Price Targets 2025 – 2050 with Detailed Analysis” is for general information only. It’s not intended as financial, investment, or professional advice. Always consult a qualified professional—whether legal, financial, or tax-related—before making any investment decisions.
I am trading financial instruments like Equity shares, F&O, Commodities & sometimes Forex since 2013. During my Post Graduation (MBA-Finance), I got interested in financial markets and started learning it from various sources. I started this blog to share my experience and knowledge with you & to help you in taking informative investment decisions.