Shares of Polycab, KEI, Havells, and RR Kabel dropped up to 14% amid rising competition concerns in the wires and cables sector. Here’s what’s fuelling the sell-off. (Image: Unsplash) Stocks of ...
When UltraTech Cement Ltd and the Adani Group announced ambitious entries into India's electrical cable market this year, investors immediately hit the sell button on Polycab India. The knee-jerk ...
Over the last 5 years, the share price of Polycab India has gained 48.85% CAGR. Over the past year, the corresponding return has been 7.11%. Polycab India’s current P/E of 47.29x helps give context to ...
Shares of select wire & cables companies including Polycab India, Havells India, KEI Industries and RR Kabel tumbled as much as 14 per cent during the trading session on Thursday after the Aditya ...
Brokerage firm UBS has initiated coverage on Polycab and KEI Industries with a "buy" rating for both companies. (Photo: Reuters) In a comprehensive report on cable and wire stocks, brokerage firm UBS ...
On back of an aggressive growth plans and a boost from the government's spending on infrastructure, cables and electricals stock Polycab India has the potential to show a good upside from current ...
Cables and wire majors KEI Industries and Polycab India experienced a significant surge in their stock prices on Tuesday, August 20, following a bullish report from global brokerage UBS. The brokerage ...
(Reuters) -Polycab India reported a bigger-than-expected first-quarter profit on Thursday, boosted by steady demand for its wires and cables, supported by high infrastructure spending across key ...
Oct 18 (Reuters) - Polycab India POLC.NS posted a 58.8% rise in its second-quarter profit on Wednesday, aided by healthy sales in its wires and cables business. Consolidated net profit climbed to 4.26 ...
Shares of select wires and cable companies including Polycab India, Havells India, RR Kabel and KEI Industries tumbled as much as 9 per cent during the trading session on Thursday after the Adani ...
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