POLYCAB shares news
POLYCAB shares rebounded 3% on Friday after a 18.8% drop due to ULTRACEMCO's ₹1,800 crore entry into wires and cables.
The stock rose to ₹4,727.20, touching ₹4,907 intraday. Sector recovery lifted KEI by 4.2% and RRKABEL by 3.4%. Brokerages cut targets but maintained 'buy' ratings. ULTRACEMCO plans a Gujarat facility by December 2026.
#WatchOutFor#IndexStrategies#Today’sTradingSetup#FundamentalViews#Post-ClosingCommentary
191 likes·60 comments