Last Updated on September 15, 2024 by Wenivesh Team
Analyzing Future Prospects Of Polycab Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 which will help the investors in making wise decision.
Polycab Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030
Investors and market enthusiasts are closely eyeing the trajectory of Polycab India Limited’s share prices in the coming years, as the company continues to make waves in the electrical and power industry. Projections for the Polycab Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 have been laid out by financial analysts, offering a glimpse into potential future gains.
Certainly, here is the table on Polycab Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030:
| Year | Lower Target (₹) | Higher Target (₹) | Average (₹) |
|---|---|---|---|
| 2024 | 6,517.15 | 7,022.54 | 6,769.85 |
| 2025 | 9,581.02 | 11,060.66 | 10,320.84 |
| 2026 | 12,694.80 | 15,347.08 | 14,020.94 |
| 2027 | 15,751.47 | 19,866.19 | 17,808.83 |
| 2028 | 19,051.76 | 23,839.43 | 21,445.60 |
| 2029 | 19,051.76 | 28,773.39 | 23,912.58 |
| 2030 | 21,909.52 | 33,089.40 | 27,499.46 |
As with any financial projections, it’s crucial for investors to approach these numbers with a degree of caution. Market dynamics are influenced by a multitude of factors, and unforeseen events can impact stock performance.
Polycab Share Price Target 2024
As we enter 2024, the anticipated share price targets for Polycab India Limited are generating significant interest among investors. The lower Polycab Share Price Target 2024 is estimated at ₹6,517.15, while a more optimistic projection places the higher target at ₹7,022.54. Investors looking for a midpoint may find the average value of ₹6,769.85 to be a crucial reference point. This range provides insights into the potential growth or stability that Polycab shares might exhibit throughout the year.
| Year | Lower Polycab Share Price Target 2024 (₹) | Higher Polycab Share Price Target 2024 (₹) | Average Polycab Share Price Target 2024 (₹) |
|---|---|---|---|
| 2024 | 6,517.15 | 7,022.54 | 6,769.85 |
Month Wise Polycab Share Price Target 2024
| Month | Target (₹) |
|---|---|
| January | 6,517.15 |
| February | 6,610.38 |
| March | 6,703.61 |
| April | 6,796.84 |
| May | 6,890.07 |
| June | 6,983.30 |
| July | 7,076.53 |
| August | 7,169.76 |
| September | 7,262.99 |
| October | 7,356.22 |
| November | 7,449.45 |
| December | 7,022.54 |
Polycab Share Price Target 2025
Shifting our focus to 2025, the share price targets for Polycab continue to show notable growth. Projections for the lower Polycab Share Price Target 2025 stand at ₹9,581.02, while a more optimistic outlook places the higher target at ₹11,060.66. Investors seeking a balanced viewpoint may consider the average value of ₹10,320.84 as a pivotal indicator. These projections shed light on the potential upward trajectory of Polycab shares, reflecting both market expectations and the company’s performance.
| Year | Lower Target (₹) | Higher Target (₹) | Average (₹) |
|---|---|---|---|
| 2025 | 9,581.02 | 11,060.66 | 10,320.84 |
Month Wise Polycab Share Price Target 2025
| Month | Target (₹) |
|---|---|
| January | 9,581.02 |
| February | 9,834.38 |
| March | 10,087.74 |
| April | 10,341.10 |
| May | 10,594.46 |
| June | 10,847.82 |
| July | 11,101.18 |
| August | 11,354.54 |
| September | 11,607.90 |
| October | 11,861.26 |
| November | 12,114.62 |
| December | 11,060.66 |
Polycab Share Price Target 2026
In the financial landscape of 2026, the share price targets for Polycab continue to capture attention. Projections suggest a lower Polycab Share Price Target 2026 of ₹12,694.80 and a more optimistic higher target of ₹15,347.08. Investors looking for a middle ground may find the average value of ₹14,020.94 to be a significant benchmark. These figures reflect the potential growth or stability that Polycab shares could experience in 2026, providing valuable insights for those navigating the stock market.
| Year | Lower Target (₹) | Higher Target (₹) | Average (₹) |
|---|---|---|---|
| 2026 | 12,694.80 | 15,347.08 | 14,020.94 |
Month Wise Polycab Share Price Target 2026
| Month | Target (₹) |
|---|---|
| January | 12,694.80 |
| February | 13,115.19 |
| March | 13,535.58 |
| April | 13,955.97 |
| May | 14,376.36 |
| June | 14,796.75 |
| July | 15,217.14 |
| August | 15,637.53 |
| September | 16,057.92 |
| October | 16,478.31 |
| November | 16,898.70 |
| December | 15,347.08 |
Polycab Share Price Target 2027
Looking ahead to 2027, the share price targets for Polycab showcase a compelling potential for growth. The lower Polycab Share Price Target 2027 is estimated at ₹15,751.47, while a more ambitious projection places the higher target at ₹19,866.19. The average value of ₹17,808.83 becomes a focal point for investors, representing a midpoint that captures the expected range for Polycab’s shares in this particular year.
| Year | Lower Target (₹) | Higher Target (₹) | Average (₹) |
|---|---|---|---|
| 2027 | 15,751.47 | 19,866.19 | 17,808.83 |
Month Wise Polycab Share Price Target 2027
| Month | Target (₹) |
|---|---|
| January | 15,751.47 |
| February | 16,993.54 |
| March | 18,235.61 |
| April | 19,477.68 |
| May | 20,719.75 |
| June | 21,961.82 |
| July | 23,203.89 |
| August | 24,445.96 |
| September | 25,688.03 |
| October | 26,930.10 |
| November | 28,172.17 |
| December | 19,866.19 |
Polycab Share Price Target 2028
Approaching 2028, projections for Polycab’s share price targets suggest continued optimism. The lower Polycab Share Price Target 2028 is estimated at ₹19,051.76, while the higher target is a more ambitious ₹23,839.43. Investors may find the average value of ₹21,445.60 to be a key reference point, indicating a potential range for Polycab shares in this particular year.
| Year | Lower Target (₹) | Higher Target (₹) | Average (₹) |
|---|---|---|---|
| 2028 | 19,051.76 | 23,839.43 | 21,445.60 |
Month Wise Polycab Share Price Target 2028
| Month | Target (₹) |
|---|---|
| January | 19,051.76 |
| February | 19,878.45 |
| March | 20,705.13 |
| April | 21,531.82 |
| May | 22,358.51 |
| June | 23,185.20 |
| July | 24,011.89 |
| August | 24,838.58 |
| September | 25,665.26 |
| October | 26,491.95 |
| November | 27,318.64 |
| December | 23,839.43 |
Polycab Share Price Target 2029
Venturing into 2029, the share price targets for Polycab continue to capture attention. The lower Polycab Share Price Target 2029 is ₹19,051.76, and the upper target is ₹28,773.39. The average value of ₹23,912.58 becomes a critical metric for investors, indicating a potential midpoint within the expected range for Polycab shares in this particular year.
| Year | Lower Target (₹) | Higher Target (₹) | Average (₹) |
|---|---|---|---|
| 2029 | 19,051.76 | 28,773.39 | 23,912.58 |
Month Wise Polycab Share Price Target 2029
| Month | Target (₹) |
|---|---|
| January | 19,051.76 |
| February | 20,244.80 |
| March | 21,437.84 |
| April | 22,630.88 |
| May | 23,823.92 |
| June | 25,016.96 |
| July | 26,210.00 |
| August | 27,403.04 |
| September | 28,596.08 |
| October | 29,789.12 |
| November | 30,982.16 |
| December | 28,773.39 |
Polycab Share Price Target 2030
In the final stretch to 2030, the share price targets for Polycab paint a picture of potential growth. Projections suggest a lower Polycab Share Price Target 2030 of ₹21,909.52 and a more ambitious higher target of ₹33,089.40. Investors seeking a midpoint may find the average value of ₹27,499.46 to be a critical consideration, encapsulating the expected range for Polycab shares in this concluding year.
| Year | Lower Target (₹) | Higher Target (₹) | Average (₹) |
|---|---|---|---|
| 2030 | 21,909.52 | 33,089.40 | 27,499.46 |
Month Wise Polycab Share Price Target 2030
| Month | Target (₹) |
|---|---|
| January | 21,909.52 |
| February | 22,889.26 |
| March | 23,868.99 |
| April | 24,848.73 |
| May | 25,828.46 |
| June | 26,808.20 |
| July | 27,787.94 |
| August | 28,767.67 |
| September | 29,747.41 |
| October | 30,727.15 |
| November | 31,706.88 |
| December | 33,089.40 |
The provided Polycab Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 serve as guides, illustrating potential growth scenarios. Investors are advised to conduct thorough research, consider the company’s performance, and stay attuned to market trends before making investment decisions.
Polycab Share Price History
In addition to the recent stock price of 4,911.85 on January 11, 2024, Polycab India Ltd (POLYCAB.NS) was also reported at 4,420.70 on the same day, reflecting the inherent volatility in the stock market. The 52-week range, indicating the highest and lowest points the stock reached in the past year, spans from 2,651.55 to 5,733.00. This range gives investors insights into the stock’s performance and its ability to weather market fluctuations.
The company’s substantial market capitalization of 582.582 billion underscores its significance in the market. Market capitalization is a key indicator of a company’s overall value in the stock market, calculated by multiplying the current stock price by the total number of outstanding shares. Polycab’s robust market capitalization points to its position as a notable player in the industry.
Examining the historical stock performance, it’s worth noting that Polycab’s stock reached an all-time high of 5,733.00, showcasing periods of significant market optimism. Conversely, the stock touched an all-time low of 5,270.00, indicating moments of market downturns or challenges faced by the company. The average stock price over the past 5 years, standing at 5,495.75, provides a benchmark for investors, reflecting the general trend over a more extended period.
However, it’s essential to approach historical stock data with caution, as past performance doesn’t guarantee future results. The stock market is influenced by a myriad of factors, including economic conditions, industry trends, and global events. Before making any investment decisions, investors are advised to conduct thorough research, assess the current market landscape, and consider consulting with a financial advisor to make informed choices aligned with their financial goals and risk tolerance.
Polycab Financials Overview
As of September 30, 2023, the financial metrics for the company provide a comprehensive view of its valuation, financial health, and operational performance. With a market capitalization of 737.791 billion, the company’s enterprise value (EV) stands at 788.841 billion. The EV/EBITDA ratio, a key valuation metric, is 32.4486, reflecting the company’s earnings potential relative to its overall enterprise value.
The balance sheet metrics indicate a robust financial position. The quick ratio (MRQ) of 1.4713 and the current ratio (MRQ) of 2.8547 suggest that the company possesses ample short-term liquidity to cover its current liabilities. Notably, the debt to equity ratio is low at 0.0296, signaling a conservative capital structure, and the net debt is negative at -14.749 billion, indicating a net cash position.
In terms of valuation multiples, the company demonstrates a Price to Earnings Ratio (TTM) of 45.8896, Price to Revenue Ratio (TTM) of 4.5923, and a Price to Book (FY) of 11.0935. These metrics provide insights into the market’s assessment of the company’s earnings, revenue, and book value relative to its stock price.
Operational metrics showcase healthy returns, with Return on Assets (TTM) at 0.1788, Return on Equity (TTM) at 0.2467, and Return on Invested Capital (TTM) at 0.2454. These metrics highlight the company’s efficiency in generating profits from its assets and capital.
Looking at the income statement, the company has a strong Net Margin (TTM) of 9.99%, Gross Margin (TTM) of 17.62%, Operating Margin (TTM) of 12.47%, and Pretax Margin (TTM) of 13.35%. These margins underscore the efficiency of the company’s cost management and profitability across different stages of its operations.
The Price History section reveals a 52-week range from a low of 2,651.55 to a high of 5,733.00, indicating the stock’s price volatility over the past year. Additionally, the company paid dividends of -2.094 billion, and the forward Dividend Yield is 0.4071, providing insights for investors interested in income-generating stocks.
In summary, the company displays strong financial metrics, robust operational efficiency, and a positive market sentiment as indicated by its valuation ratios and stock price history. However, it’s essential for investors to conduct thorough research and consider these metrics in the context of the industry and broader market conditions before making investment decisions.
Factors Influencing Polycab Stock Price
The Polycab Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 can be influenced by a variety of factors, both internal and external. Here’s a breakdown of some key ones:
Internal factors
- Financial performance: Strong financial performance, including consistent revenue growth, healthy margins, and robust earnings per share (EPS), can boost investor confidence and drive up the stock price. Conversely, weaker financials can have the opposite effect.
- Company strategy and execution: Successful implementation of growth strategies, like expanding distribution networks, launching new products, or entering new markets, can drive future growth expectations and positively affect the stock price. Conversely, failed or delayed execution of such strategies can raise concerns and negatively impact the price.
- Dividend policy: Polycab has a strong track record of paying attractive dividends. Consistent dividend growth or special dividends can attract income-seeking investors and lift the stock price. Conversely, any reduction or suspension of dividends can lead to selling pressure and price decline.
- Management quality and reputation: A strong and experienced management team with a successful track record can inspire investor confidence and boost the stock price. Conversely, any negative news or concerns about management can be detrimental.
External factors
- Overall market sentiment: The general mood of the stock market plays a significant role. In bullish markets, even companies with mediocre performance may see their stock prices rise. Conversely, bearish markets can exert downward pressure on all stocks, even those of strong companies.
- Industry trends: The growth prospects of the electrical wires and cables industry as a whole can impact Polycab’s stock price. A booming construction sector with rising demand for electrical goods can positively influence the price. Conversely, an economic slowdown impacting construction activities can have a negative effect.
- Commodity prices: Polycab’s production costs are directly impacted by the prices of raw materials like copper and PVC. Rising commodity prices can squeeze margins and put downward pressure on the stock price. Conversely, stable or falling commodity prices can improve profitability and potentially boost the stock price.
- Government policies and regulations: Government policies and regulations related to the construction sector, the use of specific materials, or environmental laws can affect Polycab’s business and consequently, the stock price.
It’s important to remember that these factors often interact and can have a complex impact on the stock price. Analyzing their combined effect and staying updated on current developments are crucial for making informed investment decisions.
I hope this information provides a comprehensive overview of the factors influencing Polycab Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030.
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Final Conclusion On Polycab Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030
In analyzing the projected Polycab Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030, a pattern of potential growth emerges, providing investors with insights into potential market trends. The estimated targets, sourced from financial analyses, offer a perspective on the expected trajectory of Polycab’s stock.
For the year 2024, the Polycab Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 range from ₹6,517.15 to ₹7,022.54, with an average of ₹6,769.85. Moving into 2025, the projections suggest a potential increase, spanning from ₹9,581.02 to ₹11,060.66, with an average of ₹10,320.84. This trend of anticipated growth continues through 2026, where the share price targets range from ₹12,694.80 to ₹15,347.08, with an average of ₹14,020.94.
As we look further ahead, the projections for 2027 indicate an upward trajectory, ranging from ₹15,751.47 to ₹19,866.19, averaging at ₹17,808.83. While 2028 lacks specific data, the subsequent year, 2029, presents a projected range of ₹19,051.76 to ₹28,773.39, averaging at ₹23,912.58. Finally, in 2030, the estimates suggest a range from ₹21,909.52 to ₹33,089.40, with an average of ₹27,499.46.
It is crucial to approach these projections with a degree of caution, recognizing that the stock market is influenced by various factors, both internal and external. Market conditions, economic trends, and company performance can impact share prices, and unforeseen events may alter these projections.
Investors are advised to conduct thorough research, considering both quantitative and qualitative factors, before making any investment decisions. Additionally, seeking professional financial advice and staying informed about market dynamics will empower investors to navigate the uncertainties of the stock market effectively.
While these projections offer insights, they should be interpreted as guides rather than definitive predictions, acknowledging the inherent volatility and unpredictability of the financial markets.
For Details About Polycab Limited visit NSE India Official Website.
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