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Polycab India hits highest level since listing, climbs 10% in two days

Polycab India is scheduled to announce July-September quarter (Q2FY20) results on October 23, 2019.

Polycab India hits highest level since listing; up 10% in two days
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SI Reporter Mumbai
Shares of Polycab India were trading higher for the fourth straight day on Wednesday, up 5 per cent at Rs 737, surging 10 per cent in the past two days on the BSE on expectation of improved earnings growth going forward.

The stock of the largest manufacturer of Wires & Cables (W&C) was trading at its highest level since listing on April 16, 2019. It has appreciated 37 per cent against issue price of Rs 538 per share.

Polycab India is scheduled to announce July-September quarter (Q2FY20) results on October 23, 2019.

The company plans to strengthen