Polycab India reported an almost 36% rise in third-quarter profit on Friday, supported by healthy demand in its mainstay wires and cables segment amid robust spending on infrastructure and housing.
Although Polycab India delivered on the growth front during the December quarter, the company's operational performance was ...
Despite the entry of large conglomerates in the wires and cables space, such as the Adani Group and UltraTech, JPMorgan ...
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 ...
After Ultratech, the country's largest cement company, forayed into the cable and wire business, with capital expenditure of Rs 1,800 crore, its shares dropped by a colossal 4 per cent at the bourse.
After falling sharply earlier this year, Polycab India Ltd shares have recovered some of the lost ground. But they are still down 14 per cent for 2024 so far. Nirmal Bang Institutional Equities, which ...
(Reuters) - Polycab India posted a 15.4% rise in its third-quarter profit on Thursday on strong sales in its cables and wires business, its largest segment. Consolidated net profit rose to 4.13 ...
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 ...
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 ...
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 ...