Motilal Oswal Recommends Buying Polycab India, Sets Rs 10,600 Target

Motilal Oswal reported Polycab India’s 2QFY27 revenue of INR98.9 billion and EBITDA of INR14.2 billion, up about 53% and 44% year over year, respectively. Cable and wire revenue rose about 47% to INR83.8 billion, while FMEG revenue jumped to INR9.9 billion.