New Delhi, May 9 -- The stock of Polycab India has been a big wealth creator over the long term.

Since the lows of the covid-19 outbreak-induced crash in March 2020, the stock has delivered a compound annual growth rate (CAGR) of about 40%. The share price went up more than 12 times before the recent correction over the last few months.

Investors were extremely bullish on the stock all the way till the start of this year, when the market correction began to take its toll.

The stock fell from an all-time high just above Rs.7,600 in December 2024 to around Rs.4,550 in late February 2025. This was a 40% correction in a little over two months.

While the stock has recovered to nearly Rs.6,000, it's safe to say that sentiment has taken a hi...