Prestige Estates Projects were up for the fifth straight trading day, up 7 per cent at Rs 345, while Polycab India hit a new high of Rs 967, up 3 per cent on the BSE.
In Q2FY20, Polycab's net profit more-than-doubled to Rs 194 crore, on the back of strong revenue growth
The company's net profit more-than-doubled to Rs 194 crore in September quarter (Q2FY20), on the back of strong revenue growth.
The company reported net profit of Rs 194 crore in Q2FY20 against Rs 90 crore in a year ago quarter.
Polycab India is scheduled to announce July-September quarter (Q2FY20) results on October 23, 2019.
This was the best listing-day performance for a company since HDFC Asset Management Company's stock market debut in August 2018
Some of Polycab's listed peers include Havells India, Bajaj Electricals and V-Guard