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WHY POLYCAB SHARES FALLING
Polycab shares tumble 5% as stock set to exit F&O segment from December 30 onwards. Here's whyPolycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30. The move follows insolven...- Top 10 blue-chips’ share of India’s m-cap drops to lowest since 2017India's top 10 listed blue-chip companies are experiencing a decline in market capitalisation share. This decline is attributed to sustaine...
- Can HD Fire Protect IPO deliver long-term growth for high-risk investors?HD Fire Protect is set to generate ₹712 crore through an offer for sale, marking a pivotal moment in their funding strategy. Following the ...
- Stocks in news: HCL Tech, RBL Bank, Nazara Tech, Hero Motors, Power Grid and IRCONIndian stock markets struggled on Monday, as the Nifty 50 saw a considerable drop. The falls were attributed to increasing bond yields, con...
- Can Orient Cables IPO deliver long-term growth for high-risk investors?Orient Cables is aiming to raise ₹320 crore through a fresh equity issue and ₹232 crore via an offer for sale. The company has seen growth ...
- Voltas share price: Nuvama upgrades rating but Jefferies cuts target price after analyst meet. Here’s whyShares of Voltas received mixed brokerages calls after the company’s analyst meet. Nuvama upgraded the stock to ‘Hold’ but cut its target t...
- Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?Polycab shares have fallen 17% from their June peak after UltraTech entered the wires and cables segment. Jefferies retained its Buy rating...
- Wires & cables face a new challenge: How Ultravolt’s big push could reshape India’s cable marketUltraTech Cement's breakthrough venture, Ultravolt, is set to disrupt India's wires and cables sector, heightening concerns for existing gi...
- Wires on fire: Why UltraTech’s Rs 1,800 crore Ultravolt bet wiped out Rs 21,500 crore in 2 daysUltraTech’s entry into wires and cables triggered a sharp selloff in listed peers as investors assess the impact of intensified competition...
- Global chip rout: How should investors play India's AI trade that gave up to 400% returns this year?Global AI stocks face a sharp selloff, impacting Indian investor strategies. Indian markets focus on infrastructure like data centers and p...
- Polycab India Q4 results: Profit rises 7% to Rs 786 crore; co declares Rs 47/share dividendElectrical goods maker Polycab India reported a strong Q4 with 27% revenue growth to Rs 8,865 crore, driven by robust wires & cables and FM...
- Polycab India block deal: Promoters likely to sell 0.8% stake worth Rs 887 crore on Thursday: ReportPromoters of Polycab India are expected to sell up to 0.81% stake through block deals, setting a floor price of Rs 7,300 per share to poten...
- Wired for a shock: Polycab, KEI, Havells shares crash up to 20% on UltraTech entryPolycab share price: Shares of wires and cables manufacturers plunged as UltraTech Cement announced its foray into the industry. Polycab In...
- KEI Industries, Polycab shares surge up to 4% as UBS sees upside potential of up to 41%Shares of KEI Industries and Polycab increased after UBS initiated a buy rating, forecasting substantial earnings growth due to favourable ...
- Polycab shares extend fall to 2nd down, down 4% post Q3 resultsPolycab share price: Polycab India reported a double-digit growth in both profit and revenue for the quarter ended December. The consolidat...
- F&O traders cover short positions in Polycab, shares surge 7%Shares of Polycab India surged nearly 7% intraday on Monday as traders covered short positions taken in the futures and options segment of ...
- Polycab slides again amid rise in volumesShares of other listed cable companies - R R Kabel, KEI Industries and V-Marc India - also fell 4-5% on Thursday. Polycab, meanwhile, said ...
- Wire on fire! Polycab stock derating looks inevitable after income tax raidsPolycab shares rose 3% on Friday as bottom-fishers took action after a 21% drop on Thursday due to income tax raids uncovering unaccounted ...
- Jefferies sees 87% bull case upside in shares of this electricals company“Our target PE at 35x on Mar’24e is at a discount to our coverage appliance stocks' average, even as Polycab is likely to deliver superior ...
- Stock pick of the week: Why Polycab is expected to return to its growth pathPolycab has corrected by around 50% during the stock market crisis. The company’s valuation is reasonable since it is still way off from it...
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