POLYCAB.NS Stock Analysis
PO
Avoid
Based on Eyestock quantitative analysis, POLYCAB.NS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Greatly overvalued
Polycab India Ltd. engages in the manufacture and sale of electric wires and cables. The company is headquartered in Mumbai, Maharashtra and currently employs 4,485 full-time employees. The company went IPO on 2019-04-16. The firm is engaged in fast-moving electrical goods (FMEG). The firm operates through three segments: Wires and cables, FMEG and Other. Wire and Cable segment is engaged in the manufacturing and selling of wires and cables. Fast-moving electrical goods (FMEG) segment is engaged in fans, light-emitting diode (LED) lighting and luminaires, switches, switchgear, solar products, pumps, conduits, and domestic appliances. Others segment is comprised of the engineering, procurement, and construction (EPC) business, which includes design, engineering, supply of materials, survey, execution and commissioning of power distribution, rural electrification projects on a trunky basis. The company is also in the business of engineering, procurement, and construction (EPC) projects. The firm owns approximately 25 manufacturing facilities, located across the states of Gujarat, Maharashtra, Uttarakhand, and the union territory of Daman.