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Polycab India trades higher as its consolidated net profit increases by 4% in Q2FY25
Oct-18-2024

Polycab India is currently trading at Rs. 7112.25, up by 10.05 points or 0.14% from its previous closing of Rs. 7102.20 on the BSE.

The scrip opened at Rs. 6798.95 and has touched a high and low of Rs. 7169.00 and Rs. 6611.40 respectively. So far 47992 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7607.15 on 15-Oct-2024 and a 52 week low of Rs. 3812.35 on 11-Jan-2024.

Last one week high and low of the scrip stood at Rs. 7607.15 and Rs. 6611.40 respectively. The current market cap of the company is Rs. 106977.38 crore.

The promoters holding in the company stood at 63.06%, while Institutions and Non-Institutions held 22.83% and 14.11% respectively.

Polycab India has reported 4.25% fall in its net profit at Rs 430.65 crore for the quarter ended September 30, 2024 as compared to Rs 449.76 crore for the same quarter in the previous year. However, total income of the company increased by 26.84% at Rs 5,443.63 crore for Q2FY25 as compared to Rs 4,291.65 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 3.59% rise in net profit at Rs 445.21 crore for Q2FY25 as compared to Rs 429.77 crore for the same quarter in the previous year. Total income of the company increased by 31.07% at Rs 5,574.58 crore for Q2FY25 as compared to Rs 4,253.02 crore for the corresponding quarter previous year.


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