[ad_1] Brokerage firm Goldman Sachs on Monday, March 17, downgraded shares of Polycab India Ltd and cut its price target on both Polycab and its peer KEI Industries by 23% and 17% respectively. Goldman Sachs downgraded Polycab to “neutral” from its earlier rating of “buy” and cut its price target to ₹5,005 from ₹6,510 earlier, […]
Polycab India shares gain after signing BSNL deal for BharatNet project worth ₹3,000 crore – CNBC TV18
[ad_1] Polycab India shares gained on Thursday, March 13, after the company said it has executed an agreement with BSNL for Bharat Net in the Bihar Telecom Circle for ₹3,002.99 crore. The company will be the project implementation agency for design, supply, construction, installation, upgradation, operation and maintenance of middle mile network of Bharat Net. […]
Polycab Q3 Results: Stock falls 7% after revenue miss but margins better than estimates – CNBC TV18
[ad_1] Cables and Wires manufacturer Polycab Ltd. reported December quarter results that were better than expectations on the operating front. Company Value Change %Change Net profit for the quarter stood at ₹464.3 crore, which was in-line with the CNBC-TV18 expectation of ₹450 crore. On a year-on-year basis, the company’s net profit was flat. Revenue for […]