Polycab India Cables-and-Wires Sales Grow 47% in 2Q FY 2027
Elara Securities analysts retain their accumulate rating, citing 47% year-on-year growth in Polycab India’s cables-and-wires sales. The report also cites sales of fast-moving electrical goods.
Elara Securities (India) analysts maintained their accumulate rating on Polycab India, citing strong sales of cables, wires and fast-moving electrical goods. The electrical equipment company's cables-and-wires sales rose 47% year on year in 2Q FY 2027, driven by elevated copper prices.