25 Feb 2026 | 5 Mins Read
Motilal Oswal expects 18% Polycab upside
Flipitmoney
Polycab stock jumped over 2% intra-day and 23% in a month, with Motilal Oswal projecting an 18% rally over the next 12 months, setting a target price of Rs 9,600 per share. Motilal Oswal rated Polycab "Buy" due to strong demand momentum, market share gains, and expansion through premiumisation, and maintained a 1.5x industry growth target until FY30 under Project Spring.