19 Jan 2026 | 3 Mins Read
Anand Rathi recommends buying Polycab India, target Rs 9073
Flipitmoney
Polycab India delivered a strong Q3FY26 performance with 46% revenue and 36% earnings growth y/y. Despite near-term margin impact from commodity inflation, underlying demand remains robust. A BUY rating with a 12-month target price of Rs9,073 is maintained, valuing the stock at 38x FY28e EPS of Rs239.