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Explained - What led to Havells, Page Industries and Titan shares surge up to 4% on Wednesday
Havells' growth will improve in the current financial year, according to Citi, led by strong growth in cables and wires, a gradual recovery in consumer businesses and the solar segment emerging as a meaningful growth driver.
Susan Electricals shares to list today. Check GMP ahead of debut
If the grey market trend holds through listing, the stock could open with gains in that range, continuing the trend of strong debuts seen across recent SME issues in the wires and cables space.
Polycab India sizzles after strong Q4 show; brokerages raise targets
Polycab India rose 5.64% to Rs 8,892.80 after the wires and cables maker delivered a strong March quarter performance, prompting multiple brokerages to raise target prices.
Polycab shares rise 6% as HSBC raises price target to ₹9,500; Here are key upside triggers
HSBC said its execution-driven market share gains in wires and cables and the FMEG margin expansion is set to drive an estimated 20% earnings per share (EPS) compound annual growth rate (CAGR) for Polycab over financial year 2026-2029.
Polycab India Q4 results: Profit rises 7% to Rs 786 crore; co declares Rs 47/share dividend
Electrical goods maker Polycab India reported a strong Q4 with 27% revenue growth to Rs 8,865 crore, driven by robust wires & cables and FMEG performance. Profit rose 7% to Rs 786 crore, while FY26 marked record revenues, margins, and a Rs 47/share dividend.
Polycab warns of mid-single digit near-term volume growth but medium-term outlook positive
Nirmal Bang cited an interaction with the management of Polycab, who highlighted that the demand for wires and cables remains strong across multiple end-user industries, supported by government infrastructure spending.
RR Kabel Q4 FY26: Execution strong, but near-term rerating potential limited
Wires & cables momentum drives record performance while recovery in FMEG is crucial for future growth