Polycab India shares decline 5% as NSE removes stock from F&O segment; details here

The stock exchange said that no contracts will be available for trading for the stock with effect from December 30, 2026. The contracts for new expiry months in Polycab will not be issued on expiry of existing contract months, it said.

“However, the existing unexpired contracts of expiry months October 2026, November 2026 and December 2026 would continue to be available for trading till their respective expiry date and new strikes would also be introduced in the existing contract months,” NSE said.

According to reports, after the expiry of existing contracts, further surveillance measures, including price bands and gross settlement under the IBC framework, will apply from January 1, 2027.

It follows earlier exchange circulars dated August 7 and October 9, 2026, regarding securities under the IBC framework.

Last week, Polycab India said the National Company Law Appellate Tribunal (NCLAT) has stayed the October 7, 2026, order passed by the National Company Law Tribunal (NCLT), Ahmedabad Bench, admitting insolvency proceedings against the company over an alleged operational debt of ₹2.79 crore claimed by Asier Metals Private Limited.

Polycab India share price trends

At 10:49 AM, Polycab India shares were trading at ₹8,185 apiece on the National Stock Exchange, falling 2.62%.

From the beginning of the year, Polycab India shares have gained 7%. Over a month’s time, the stock has advanced 0.46%, while it has lost 8% in the past six months.

Shares of the firm had hit a 52-week high of ₹10,126 on June 22, 2026, and a 52-week low of ₹6,663 on January 27, 2026.

Polycab India Q1 FY27 earnings

The wires and cables manufacturer had posted a 32.46% rise in consolidated profit after tax to ₹784 crore in the June quarter of the financial year 2026-27. It had reported a net profit of ₹595.12 crore in the corresponding quarter of the preceding 2025-26 fiscal.

During April-June, the company's revenue from operations rose 39.01% to ₹8,210 crore from ₹5,906 crore in the year-ago quarter.

At an operational level, its EBITDA (earnings before interest, taxes, depreciation, and amortisation) stood at ₹1,136 crore in Q1 FY27, marking a 32.49% surge from ₹858 crore in the June quarter of FY26. The EBITDA margin contracted from 0.68% to 13.84% vs 14.52% a year back

The Mumbai-headquartered company said that its wires & cables business posted a growth of 39% year-on-year (YoY) in the reporting quarter, led by a strong 43% increase in domestic revenues.

Polycab India has a total market capitalisation of ₹1.23 lakh crore as of October 13, 2026, according to data on the NSE.