- Q3 results today: IndusInd Bank, Polycab among 42 companies to announce earnings
Q3 results today: Lender IndusInd Bank will announce its Q3 earnings along with 41 companies. Investors w ...More
Q3 results today: Lender IndusInd Bank will announce its Q3 earnings along with 41 companies. Investors will closely watch the results of this fifth-largest private bank following HDFC Bank's unimpressive results. Other notable companies to track include Indiamart InterMesh, Mastek, Metro Brands, Polycab, Home First Finance Company, Poonawalla Fincorp, South Indian Bank, Shoppers Stop, and Tata Communications. ...Less

- Polycab India Q3 Results: Consolidated PAT rises 15% YoY to Rs 413 crore; revenue up 17%
Polycab Q3 Results: Polycab India reported a double-digit growth in profit and revenue for Q3. Consolidat ...More
Polycab Q3 Results: Polycab India reported a double-digit growth in profit and revenue for Q3. Consolidated net profit rose 15.4% YoY to Rs 413 crore, while revenue from operations grew nearly 17% YoY to Rs 4,340 crore. EBITDA increased by 13% to Rs 569.20 crore. However, the operating margin shrunk by 44 basis points to 13.12%. Shares of Polycab India were trading 0.5% down at Rs 4,417. ...Less

- Top midcap pick! Polycab shares can rally upto 25%, says Jefferies
Jefferies has retained its buy rating on Polycab with a revised target price of INR 4,290, indicating a p ...More
Jefferies has retained its buy rating on Polycab with a revised target price of INR 4,290, indicating a potential return of 25% from the present market price of INR 3,425, citing the cables and wires manufacturer's consistent execution over recent quarters along with robust operational performance in Q4 2023. The brokerage company also reported that Polycab showed its highest-ever sales and PAT in FY23, led by sustained demand from private capex and government measures. ...Less
