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Polycab Stock To See 52% Upside As Strong Demand Expected In Q4: Morgan Stanley
Polycab’s EBIT margins is expected to remain in the 12-14% range in the near term and 11-13% in the long run, Morgan Stanley said.
05 Mar 2025, 08:51 AM IST 
Polycab is seeing increased demand due to higher government capital expenditure starting December 2025. (Representative image. Photo source: Freepik)
Polycab India Ltd. expects to see strong demand in both domestic and export markets in the coming quarter, driven by government and private sector investments, as well as the imposition of US import tariffs on competitor countries. Keeping these points in mind, Morgan Stanley has maintained its 'overweight' rating with a target price of Rs 7,395 and an upside of 52%.Additionally, low inventory levels, inflationary copper prices, and ...
