Polycab India hits record high on Q4 beat, bullish brokerage views

Polycab India

07/05/2026 05:26

** Polycab India POLC.NS rises as much as 6.2% to all-time high of 8,940 rupees

** Wires and cables maker posts 6.3% y/y rise in Q4 profit; rev jumps 27%

** Ambit Insights says co well-placed in terms of investments in capacities, scale, brand power, distribution to benefit from industry tailwinds

** HSBC hikes PT to 9,500 rupees from 8,500 rupees, saying co positioned to benefit from government infrastructure push, private capex investments, real estate demand

** Expects ~20% EPS CAGR over FY26-FY29

** Stock rated "Buy" on avg; median PT is 8,922 rupees, per data compiled by LSEG

** YTD, POLC gains ~15%

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))