POLYCAB

Polycab continues to gain market share in wires and cables as infrastructure, housing, and electrification drive demand. Its strong distribution network and focus on premium products support margin expansion. Backward integration helps manage raw material volatility better than peers. While competition remains intense, Polycab’s brand strength keeps it ahead. With capex in place to expand capacity, Polycab is well positioned to benefit from India’s long-term power and construction growth.