Page 4 - Polycab India

Polycab India Q4 PAT rises 20% YoY to Rs 325 cr

PBT up 16%

Polycab India Q4 net profit rises 20% to Rs 325 cr; revenue up 35%

Wires and cables manufacturer Polycab India on Tuesday reported a 20 per cent year-on-year rise in net profit to Rs 325.33 crore for the fourth quarter ending March 31. The company's net profit was Rs 271.06 crore in the year-ago quarter, Polycab India said in a BSE filing. Revenue from operations during the quarter under review increased 34.90 per cent to Rs 3,969.98 crore compared to Rs 2,942.74 crore a year ago. For FY22, the company's net profit rose marginally by 3.53 per cent to Rs 917.28 crore compared to Rs 885.93 crore in FY21. In 2020-21, revenue from operations surged 38.80 per cent to Rs 12,203.76 crore from Rs 8,792.23 crore in FY21. "Our strong performance in fiscal year 2022 was underpinned by the extraordinary efforts of our team to achieve new milestones even in one of the most uncertain environments. We delivered accelerated business growth, record free cash flow, healthy returns on capital and market-leading shareholder returns. "We will champion our renewed pu

Centrum Broking gives 'buy' call for Concor, Polycab India, Axis Bank

Brokerage firm Centrum Broking has given a 'buy' call to potential investors for shares such as Container Corporation of India, Polycab India, and Axis Bank

Select stocks gain on inclusion in F&O; Hindustan Aeronautics surges 9%

Can Fin Homes, Polycab India, IndiaMART InterMESH, Oracle Financial Services, Syngene International, Dixon Technologies, MCX and Ipca Labs were up between 2 per cent and 3 per cent in intra-day trade.

B2C revenue tilt to improve margins for Polycab India

The company seeks to double revenues by FY26

India Inc's big boys get bigger still as unorganised market shrinks

Q3 results point to the trend; consolidation will continue, say analysts

Large cable manufacturers gain as consolidation gathers momentum

Healthy demand uptick and pricing power also improve growth prospects, say analysts

Polycab shares rally 6% on strong operational performance in Q2

In Q2FY21, the company's Ebitda grew 16 per cent year on year at Rs 312 crore, and margin improved 272 basis points to 14.76 per cent over the previous year quarter

Nifty outlook & trading ideas by Gaurav Garg of CapitalVia Global Research

As per weekly option data, handful of put writing on lower strikes ranging from 11,600 to 11,800 is witnessed which shows Nifty would face firm support in the sub11,800 zone

Strong support exists for Nifty at 10,900: CapitalVia Global Research

A short-covering move, along with addition of fresh position, is seen only if somehow Nifty sustains level of 11,200

Trading strategies by Nilesh Jain of Anand Rathi: Buy Wipro, Polycab India

The stock of Wipro has provided breakout from a flag and poll pattern on the daily chart which is considered as a bullish continuation pattern

Polycab India eyes international markets amid anti-China sentiments

It has already established subsidiaries in the US and Australia for trading wires and cables

Polycab India's June quarter reflects deep impact of Covid-19 lockdown

Valuation discount to peers and recovery in certain pockets bode well

Street impressed by Polycab's margin expansion in fourth quarter of FY20

While near-term prospects hinge on unlocking of economy, the stock remains a good valuation play, say analysts

Polycab India shares hit 5% upper circuit ahead of board meet on Saturday

In the past seven trading days, the stock has fallen 9 per cent, thus underperforming the S&P BSE Sensex which rose 3.3 per cent

Growth concerns amid the economic slowdown hit Polycab India stock

Firm trading at 19x its FY21 earnings, with peers trading at 35-45x

Polycab India share price up 4% as December quarter profit rises 14%

Total income in the latest quarter stood at Rs 2,507.6 crore against Rs 2,048.6 crore in the same period last year

Polycab India hits new high ahead of Q3 results, rallies 58% in 3 months

In the last three months, the stock of the fast-moving electric goods (FMEG) company has rallied 58 per cent after its net profit more-than-doubled to Rs 194 crore in the September quarter (Q2FY20)

From Polycab India to IRCTC, IPOs that doubled your money in 2019

Of the 13 companies that got listed in 2019, eight have outrun the IPO index by gaining over 38 per cent against their respective issue price

Polycab India hits fresh record high; stock zooms 100% from August low

In the past two months, the stock has rallied 57 per cent after its net profit more-than-doubled to Rs 194 crore in the September quarter (Q2FY20) on the back of strong revenue growth.