POLYCAB

Polycab is currently a top-tier momentum stock in the Indian market. As of February 26, 2026, the stock has just hit a new all-time high of ₹8,539.50, gaining over 20% in the month of February alone. The "Record-Breaking" Q3 Performance Polycab recently reported its best-ever quarterly results (Q3 FY26), which is the primary fuel for this current rally: Revenue: ₹7,636 Cr (Up 46% YoY). Net Profit: ₹630 Cr (Up 36% YoY). Market Leadership: It now holds a dominant 26-27% share of the organized Wires & Cables (W&C) market in India. 2. Technical Outlook (The "New High" Trap) Current Price: ₹8,506 Momentum: The stock has delivered gains for five consecutive sessions. It is trading well above its 50-day and 200-day EMAs, signaling a very strong uptrend. RSI Caution: The Relative Strength Index (RSI) is hovering around 67–70. While not yet at a "crash" level, it suggests the stock might take a breather or consolidate before hitting the next big psychological level of ₹9,000.