16-Oct-2026 08:09:55
POLYCABExpansion
Macquarie on Polycab ; O-P, TP Rs 10156
• 2Q earnings beat our estimate, driven by higher revenue and better cables & wires (C&W) margins. • C&W demand remains strong, driven by power and infra capex; FMEG growth and margins are improving off a low base.
POLYCAB INDIA LIMITED