Shares of Polycab India fell over 5% on Tuesday, October 13, after the National Stock Exchange (NSE) announced that it would discontinue futures and options (F&O) contracts on the stock from December 30, 2026. The development comes soon after the insolvency case alleging operational dues of ₹2.79 crore, in which the National Company Law Appellate Tribunal (NCLAT) has stayed an earlier order by NCLT admitting insolvency proceedings against the company.
The NSE's decision means traders will no longer be able to trade Polycab futures and options contracts beyond the specified date. The stock's exclusion from the derivatives segment follows its inclusion in the F&O segment in the September series of 2021.
Polycab shares fell as much as 5.3% to its day's low of ₹7,961.10. While the stock has lost 1% in 1 month and 12% in 3 months, it has advanced in longer terms. It rose 8% in 6 months, and 6% in the last 1 year. Moreover, it surged 222% in the last 5 years, giving multibagger returns.
The stock had hit its 52-week high of ₹10,128.60 in June 2026 and its 52-week low of ₹6,660.50 in January 2026.
NSE sets December 30 deadline for Polycab F&O contracts