Polycab India, a leading electrical goods manufacturer, witnessed significant block deal transactions on September 25, 2025, as major institutional investors including SOCIETE GENERALE, Morgan Stanley Asia Singapore, and JP Morgan Fund ICVC emerged as key buyers of the company’s shares. According to NSE data, the deal involved a notable volume of shares transferring hands, confirming strong interest from global financial institutions.
Key Highlights:
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The block deal involved approximately 21.9 lakh shares being transacted.
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Promoter group members participated as sellers, offloading a part of their stake, with the transaction value running into several hundred crores.
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The share price during the deal hovered around Rs 7,300 to Rs 7,450 per share, reflecting a slight discount to market prices.
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Institutional buyers like SOCIETE GENERALE, Morgan Stanley Asia Singapore, and JP Morgan Fund ICVC acquired a substantial portion, signaling their confidence in Polycab India’s growth prospects.
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The promoter group has reportedly agreed to a 90-day lock-in post-transaction, ensuring no immediate further sales.
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Polycab India’s stock has shown solid year-to-date performance and remains attractive due to robust financials, including recent quarterly profit growth and expanding market share in the wires and cables segment.
Market Impact and Outlook:
This block deal indicates a strategic portfolio repositioning by the promoters, while the strong buying interest from prestigious institutions underlines positive market sentiment. Investors are likely to monitor Polycab closely for further price movements and corporate developments, given its consistent operational performance and expansion trajectory in the fast-moving electrical goods sector.
Source: NSE Data and Moneycontrol News