Polycab India soars on inking agreement with Adfactors PR
Polycab India is currently trading at Rs. 665.95, up by 6.85 points or 1.04% from its previous closing of Rs. 659.10 on the BSE.
The scrip opened at Rs. 669.95 and has touched a high and low of Rs. 675.00 and Rs. 663.00 respectively. So far 1021 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 709.00 on 24-Sep-2019 and a 52 week low of Rs. 525.05 on 22-Aug-2019.
Last one week high and low of the scrip stood at Rs. 675.00 and Rs. 656.10 respectively. The current market cap of the company is Rs. 9855.22 crore.
The promoters holding in the company stood at 68.69%, while Institutions and Non-Institutions held 17.75% and 13.56% respectively.
Polycab India has entered into an agreement on October 10, 2019, with Adfactors PR, for obtaining Public Relations services.
Earlier, the company had inaugurated its first Polycab Experience Centre in Pune. Polycab Experience Centre showcases the entire premium range of high quality offering value for money in various categories such as Wires, Cables, innovative retardant products developed through a strong R&D pipeline; FMEGs such as Fan, Switches, Pumps, Geysers, Lighting, Solar, Conduit Pipes, etc.
Polycab India is the largest cables & wires manufacturer. It is also the fastest growing company in the Indian cable industry with consistent growth. The company also in the business segment of EPC, Cables.