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Vibhu Jain

11th Mar · SEBI-Registered Analyst

POLYCAB

Polycab India Ltd’s share price on 11 March 2026 can be attributed to a combination of factors including the broader market downturn, technical selling triggered by the stock’s position below short- and medium-term moving averages, and the continuation of a multi-day negative trend. The stock’s relative underperformance compared to the Sensex and its sector highlights the immediate pressures faced in the current trading session. While the stock remains supported by longer-term technical indicators and a strong historical performance record, the prevailing market sentiment and technical signals have contributed to the intraday low and ongoing price weakness.

#TechnicalViews
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