Polycab India Share Price: Brokerage house Nuvama Institutional Equities has maintained its positive stance on India’s cable and wire sector giant Polycab India Ltd. While maintaining BUY rating on the company’s shares, the brokerage has increased its target price to Rs 9,630, which was earlier Rs 9,240. Nuvama believes that strong demand in the cable and wire industry and the company’s continuously increasing market share can further strengthen the stock in the times to come. On the last trading day of the week, the company’s shares were trading at the level of 8600 with a rise of 0.50 percent.
Brokerage is bullish on Polycab India, increased target with BUY rating, has given 70% return in 1 year – Market
