Shares of Polycab India Ltd fell nearly 4 percent on Friday, extending losses for the third straight session, even as the wires and cables manufacturer reported better-than-expected fiscal first quarter earnings. Brokerages Jefferies and HSBC maintained their bullish ratings on the stock.Polycab shares declined 3.96 percent to Rs 8,850 in afternoon trade, making the stock the top loser on the NSE ...

Equity benchmarks soared nearly 4 percent on April 8, extending the uptrend for the fifth consecutive session following the US-Iran ceasefire deal. The market breadth was strong, with 2,795 shares advancing against 250 declining shares on the NSE. The market may consolidate with range-bound trading in the upcoming session, especially after the sharp rally. Below are some short-term trading ideas t...

Shares of Polycab India rallied nearly 3 percent to Rs 7,065 per share in morning trade on July 18 after Citi Research and UBS dished out bullish calls on the stock following its first quarter earnings.Net profit for the quarter increased by 50 percent from the year-ago quarter to Rs 600 crore, while revenue from operations for the quarter increased by 25.7 percent to Rs 5,906 crore.Follow our LIV...

Leading cables and wires manufacturer Polycab India has bagged an order worth approximately Rs 3,003 crore from BSNL, the company announced in an exchange filing on March 13.The stocks are trading modestly higher by over 0.70 percent in early trade.The exchange filing said Polycab India has signed an agreement with BSNL to serve as the Project Implementation Agency (PIA) for the design, supply, co...

Shares of Polycab India rose over 3 percent to Rs 6,380 in morning trade on January 23, snapping its two-day losing streak on the bourses, following the company's Q3 results. A host of brokerages remained bullish on the stock.The wire manufacturer reported a consolidated net profit of Rs 457.57 crore in the October-December quarter of the current financial year. This marks an increase of 11 percen...