|
18 Sep 2025 |
Polycab
|
Consensus Share Price Target
|
7419.50 |
7563.23 |
- |
1.94 |
buy
|
|
|
|
|
19 Jul 2023
|
Polycab
|
Keynote Capitals Ltd
|
7419.50
|
4237.00
|
4308.85
(72.19%)
|
Target met |
Sell
|
|
|
Quarterly Update Q1FY24
|
|
14 Jul 2023
|
Polycab
|
CD Equisearch
|
7419.50
|
3984.00
|
3874.35
(91.50%)
|
Target met |
Hold
|
|
|
|
|
13 Jun 2023
|
Polycab
|
BOB Capital Markets Ltd.
|
7419.50
|
4300.00
|
3583.90
(107.02%)
|
Target met |
Buy
|
|
|
Remains market leader in core wires & cables business; FMEG segment tepid in FY23 but guided to return to form in FY24
|
|
16 May 2023
|
Polycab
|
Axis Direct
|
7419.50
|
3740.00
|
3426.30
(116.55%)
|
Target met |
Buy
|
|
|
Recommendation: We maintain our BUY recommendation on the stock.
|
|
15 May 2023
|
Polycab
|
ICICI Securities Limited
|
7419.50
|
3400.00
|
3388.95
(118.93%)
|
Target met |
Hold
|
|
|
We believe Polycab is on a strong footing to report healthy earnings CAGR of 18.8% over FY23-25 as (1) distribution rejig is over and benefits will likely be realized in FY24-25, (2) commodity prices have corrected and it will potentially lead to better margins.
|
|
15 May 2023
|
Polycab
|
ICICI Direct
|
7419.50
|
3780.00
|
3381.20
(119.43%)
|
Target met |
Hold
|
|
|
|
|
15 May 2023
|
Polycab
|
BOB Capital Markets Ltd.
|
7419.50
|
3900.00
|
3381.20
(119.43%)
|
Target met |
Buy
|
|
|
Wires & cables shore up growth in Q4 while FMEG business struggles; international sales at a record high
|
|
23 Jan 2023
|
Polycab
|
ICICI Direct
|
7419.50
|
3380.00
|
2800.45
(164.94%)
|
Target met |
Buy
|
|
|
|
|
23 Jan 2023
|
Polycab
|
Axis Direct
|
7419.50
|
3225.00
|
2800.45
(164.94%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
22 Jan 2023
|
Polycab
|
ICICI Securities Limited
|
7419.50
|
2700.00
|
2761.20
(168.71%)
|
|
Hold
|
|
|
Recovery in private capex, government expenditure and higher exports led to strong revenue growth of 10.2% YoY. While increase in ad-spends led to margin decline in FMEG segment, margin expansion in C&W segment pushed up the EBITDA margin of Polycab by 309bps YoY.
|