The National Stock Exchange announced that Polycab India will be removed from the equity derivative segment, causing the stock to fall more than 5% to an intraday low of ₹7,955 on Tuesday, October 13. The exchange stated that contracts expiring in October, November and December 2026 will remain tradable until their respective expiry dates, but no new contracts will be issued after December 30, 2026. Existing unexpired contracts for those months will continue to be available for trading, and new strikes will also be introduced in the existing contract months.

Last week, Polycab India informed that the National Company Law Appellate Tribunal had stayed the October 7, 2026 order issued by the National Company Law Tribunal, Ahmedabad Bench, which had admitted insolvency proceedings against the company over an alleged operational debt of ₹2.79 crore claimed by Asier Metals Private Limited. The stay delays the commencement of insolvency proceedings and may influence the company’s liquidity and capital structure in the coming months in the stock market overall today.

At 10:49 AM on October 13, Polycab India shares were trading at ₹8,185, down 2.62%. From the beginning of the year, the shares have risen 7%. Over the past month, the stock has advanced 0.46%, while it has fallen 8% in the last six months. The 52‑week high was ₹10,126 on June 22, 2026, and the 52‑week low was ₹6,663 on January 27, 2026.

Polycab India reported a 32.46% rise in consolidated profit after tax to ₹784 crore in the June quarter of FY27, up from ₹595.12 crore in the corresponding quarter of FY26. Revenue from operations rose 39.01% to ₹8,210 crore from ₹5,906 crore year‑ago. EBITDA stood at ₹1,136 crore, a 32.49% increase from ₹858 crore, with the margin expanding from 0.68% to 13.84% versus 14.52% a year earlier. The wires & cables business grew 39% YoY, driven by a 43% jump in domestic revenues.

Polycab India’s total market capitalisation stood at ₹1.23 lakh crore as of October 13, 2026, according to NSE data. The company’s removal from the F&O segment follows earlier circulars dated August 7 and October 9, 2026, concerning securities under the IBC framework. After existing contracts expire, surveillance measures such as price bands and gross settlement under the IBC framework will apply from January 1, 2027. These developments may affect trading liquidity and regulatory oversight for the stock currently.