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Polycab India is India’s leading manufacturer and seller of a varied range of wires and cables for retail and industrial use, catering to a diverse customer base across a wide range of industries. The company’s product portfolio is expanding to include Special Purpose Cables (SPC) and Extra High Voltage (EHV) cables, to meet the evolving needs of smart cities, renewable energy and electric vehicles.
Polycab India major competitors are KEI Industries, RR Kabel Ltd., Finolex Cables, Ram Ratna Wires, Universal Cables, Dynamic Cables, Paramount Communicat.
Market Cap of Polycab India is ₹1,12,053 Crs.
While the median market cap of its peers are ₹3,187 Crs.
Polycab India seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
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