Government Pension Fund Global (Norway) increased its stake in Polycab India Limited from 1.13% to 1.14%, buying 19,907 shares. The additional shares are valued at ₹17.64 crore at ₹8,862.00 apiece.
India's leading manufacturer of cables, wires, and electrical products, Polycab produces a comprehensive range of solutions for industrial and residential applications. Its core offerings include uPVC conduits, lugs, and glands alongside cables designed for practically every use case. The company has expanded into consumer electrical products such as fans, switches, switchgear, LED lights, solar inverters, and pumps, establishing a strong presence across the electrical and electronics value chain.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.
