Polycab India542652Wires and cables
Polycab stock rose after NCLT set aside insolvency proceedings against the company, removing earlier F&O trading restrictions
By ScoutQuest · · 1 min read
Heard on business television between 10:40:36 - 10:43:36 IST.
- NCLT set aside insolvency proceedings against Polycab, a key technical development for the stock.
- The company had earlier been included under IBC, leading to restrictions on F&O positions and a sharp stock decline.
- With the insolvency proceedings set aside, the earlier restrictions are expected to be reversed.
- The stock was trading in the green as a relief rally following the news.
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Source: Live TV News Channel · 30 Oct 2026
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