Polycab India gained up to 4% after Jefferies raised its target price to Rs 10,920 and reiterated its Buy rating. The brokerage cited market share gains, data centre opportunities, a healthy order pipeline, diversified revenue streams and strong earnings growth expectations despite the stock’s sharp rally this year.
Jefferies has significantly increased Polycab India's target price to Rs 10,920, reiterating a 'Buy' rating after the stock's considerable rally this year. The brokerage cited multiple factors including market share expansion, emerging data centre opportunities, a robust order…
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