Polycab India - Robust Demand And Strong Strategies Driving Growth: Motilal Oswal

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.The management reiterated strong demand momentum in the domestic cable and wire segment, complemented by growth in the international business. Going forward, major demand drivers are expected to be power Transmission and Distribution, growth in private capex, and continuous demand from the real estate sector. Meanwhile, the demand growth from railway and road projects is estimated to be moderate due to a higher base impact.In the first week of October 2024, the industry implemented a 4-8% price hike for cables to pass on the impact of higher copper and aluminum prices. Competitive intensity is higher in the wires segment due to excess capacity. In the cables segment, despite ongoing capacity additions, the demand momentum is expected to remain strong, potentially outpacing the industry’s available capacity.In the fast moving electrical goods segment, the company experienced healthy growth during the festive season, aided by a low base and various initiatives, such as the introduction of products across various price points, brand-building activities, and a rejig in its FMEG business leadership team.Polycab India Ltd. is currently working on its next five-year guidance, which will be communicated soon. We maintain our earnings estimates and reiterate our Buy rating on the stock..Click on the attachment to read the full report:.Nuvama Initiates 'Buy' On Electronics Mart, Aditya Vision Citing Effective Growth Strategies.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Polycab India - Robust Demand And Strong Strategies Driving Growth: Motilal Oswal

Set to achieve Project Leap goals a year ahead; awaiting the next fiveyear guidance.

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Polycab India - Robust Demand And Strong Strategies Driving Growth: Motilal Oswal

Set to achieve Project Leap goals a year ahead; awaiting the next fiveyear guidance.

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