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'Hold' Polycab Shares Maintains Nirmal Bang, Sees Long-Term Story Intact Amid Strong Demand Tailwinds
Nirmal Bang believes Polycab’s long-term outlook as healthy, supported by its strong business fundamentals.
20 Nov 2025, 02:38 PM IST 
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Polycab targets a growth rate of 15% to 20% in its domestic cables and wires business. (Photo source: Company website)
Looking forward, Polycab aims to sustain its leadership with industry-beating growth. The domestic wires and cables market is expected to grow 12–14%, while Polycab targets 15–20%, backed by rising investments in power transmission, distribution, and private cape.
