New Delhi, Sept. 30 -- What was once a sharp sell-off by the Street amid concerns over rising competition, Polycab India shares have since made a stellar comeback, emerging as one of the biggest turnaround champions of 2025.

A leading player in the domestic organized C&W segment, the shares have recovered 59% from the February lows to trade at the current value of Rs.7,252, and remarkably, it has closed all of the last seven months in green (including September) and also scaled to a fresh record high of Rs.7,714 apiece last week.

Investors' earlier concerns about the entry of new players into the cables and wires segment have eased. Combined with reasonable valuations, growing financials, an improving demand outlook, and earnings upgrad...