Page 2 - Polycab India

I-T officials search 50 offices, facilities of Polycab India; shares fall

BSE said that it has sought clarification from Polycab India on the reports of tax raids

MSCI Index rejig likely to spur $1.5 billion inflows in domestic stocks

The global index provider announced the changes in the global standard index on Wednesday

Small, mid or large, many 'caps' cos wear: Polycab, PFC take pole position

An equivalent number of stocks will experience downgrades, moving from large-cap to mid-cap and from mid-cap to small-cap

Polycab India enters top-100 most-valued firms' club; rallies 11% in 2 days

With a market capitalisation of Rs 64,422 crore, Polycab India stood at 91st position in overall m-cap ranking on Wednesday morning.

Polycab India's Q1 profit soars 82% on higher demand of wires, cables

The company's shares rose as much as 3.6% to hit a record high of 4,055 rupees after the results

Healthy near-term growth outlook for Polycab India after record Q3 profit

Weak margin trajectory of the FMEG segment and valuations could limit upside

Polycab India's Q2 net profit jumps 37% at Rs 270 cr, revenue up by 10.83%

Wires and cables manufacturer Polycab India (PIL) on Tuesday reported a 36.72 per cent growth in consolidated profit during the September quarter at Rs 270.45 crore. The company's profit stood at Rs 197.80 during the corresponding quarter of 2021-22, it said in a regulatory filing. Revenue from operations of the company during the quarter under review grew by 10.83 per cent to Rs 3,332.35 crore as against Rs 3,006.55 crore in the year-ago period. "We continued with our strong business performance in the second quarter, posting the highest ever second quarter revenue in the history of the company. Combined with the stand-out performance of the first quarter, our top-line for the first half of the year grew by 25 per cent year-on-year. Margin expansion was supported by strong growth in exports and judicious price revisions," PIL Chairman and Managing Director Inder T Jaisinghani said. Strong domestic economy with structural reforms focused on infrastructure development augurs well fo

Polycab India Q1 net profit surges three-fold to Rs 222 cr; revenue up 47%

Profitability was supported by better operating leverage and various strategic initiatives implemented over past few quarters, Polycab India chairman and managing director Inder T Jaisinghani noted.

Stocks to Watch Today: IndusInd Bank, Delhivery, Websol, BoM, Alok Inds

Stocks to Watch Today: Ambuja Cements, AU SFB, Alok Textiles, Hindustan Unilever, HDFC Life, ICICI Lombard, L&T Finance and Rallis India to announce Q1 results on Tuesday.

Polycab India Q4 PAT rises 20% YoY to Rs 325 cr

PBT up 16%

Polycab India Q4 net profit rises 20% to Rs 325 cr; revenue up 35%

Wires and cables manufacturer Polycab India on Tuesday reported a 20 per cent year-on-year rise in net profit to Rs 325.33 crore for the fourth quarter ending March 31. The company's net profit was Rs 271.06 crore in the year-ago quarter, Polycab India said in a BSE filing. Revenue from operations during the quarter under review increased 34.90 per cent to Rs 3,969.98 crore compared to Rs 2,942.74 crore a year ago. For FY22, the company's net profit rose marginally by 3.53 per cent to Rs 917.28 crore compared to Rs 885.93 crore in FY21. In 2020-21, revenue from operations surged 38.80 per cent to Rs 12,203.76 crore from Rs 8,792.23 crore in FY21. "Our strong performance in fiscal year 2022 was underpinned by the extraordinary efforts of our team to achieve new milestones even in one of the most uncertain environments. We delivered accelerated business growth, record free cash flow, healthy returns on capital and market-leading shareholder returns. "We will champion our renewed pu

Centrum Broking gives 'buy' call for Concor, Polycab India, Axis Bank

Brokerage firm Centrum Broking has given a 'buy' call to potential investors for shares such as Container Corporation of India, Polycab India, and Axis Bank

Select stocks gain on inclusion in F&O; Hindustan Aeronautics surges 9%

Can Fin Homes, Polycab India, IndiaMART InterMESH, Oracle Financial Services, Syngene International, Dixon Technologies, MCX and Ipca Labs were up between 2 per cent and 3 per cent in intra-day trade.

B2C revenue tilt to improve margins for Polycab India

The company seeks to double revenues by FY26

India Inc's big boys get bigger still as unorganised market shrinks

Q3 results point to the trend; consolidation will continue, say analysts

Large cable manufacturers gain as consolidation gathers momentum

Healthy demand uptick and pricing power also improve growth prospects, say analysts

Polycab shares rally 6% on strong operational performance in Q2

In Q2FY21, the company's Ebitda grew 16 per cent year on year at Rs 312 crore, and margin improved 272 basis points to 14.76 per cent over the previous year quarter

Nifty outlook & trading ideas by Gaurav Garg of CapitalVia Global Research

As per weekly option data, handful of put writing on lower strikes ranging from 11,600 to 11,800 is witnessed which shows Nifty would face firm support in the sub11,800 zone

Strong support exists for Nifty at 10,900: CapitalVia Global Research

A short-covering move, along with addition of fresh position, is seen only if somehow Nifty sustains level of 11,200

Trading strategies by Nilesh Jain of Anand Rathi: Buy Wipro, Polycab India

The stock of Wipro has provided breakout from a flag and poll pattern on the daily chart which is considered as a bullish continuation pattern