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 ...
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.
BENGALURU, May 9 (Reuters) - Polycab India (POLC.NS), opens new tab reported a 28.5% jump in its fourth-quarter profit on Friday, driven by strong demand for its wires and cables, its largest segment.
Motilal Oswal Financial Services (MOFSL) has revised its recommendations for leading cables and wires (C&W) sector stocks. The broker upgraded KEI Industries (KEII) to ‘Buy’ from Neutral, while ...
Shares of wires and cables manufacturer Polycab India fell more than a percent on September 25 following a large block trade which likely saw 21.9 lakh shares change hands, or worth 1.5 percent of ...
(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 ...
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