Polycab India
Latest news, explainers and analysis on Polycab India. Tracking 3 stories on Arth Vani.
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Latest on Polycab India
NCLT Initiates Insolvency Process Against Polycab India for ₹2.78 Crore
The National Company Law Tribunal (NCLT) has admitted a Corporate Insolvency Resolution Process (CIRP) application against Polycab India concerning a debt of ₹2.78 crore. This marks the formal commencement of a resolution proceeding for the company under Indian insolvency laws.
6 BSE200 Stocks Hit Yearly Highs Despite Market Dip; Bharat Forge, Polycab Shine
While the benchmark Sensex faced a downward trend, six major stocks from the BSE200 index reached new 52-week highs on Friday. Leading companies like Bharat Forge, Federal Bank, and Polycab India have surged by up to 25% over the past month, signaling strong momentum.
Jefferies Sets New Target for Polycab India as Data Center Boom Drives Growth
Global brokerage Jefferies has raised its target price for Polycab India to ₹10,920, maintaining a 'Buy' rating. The optimism stems from the company's expanding market share and its ability to tap into the growing demand for infrastructure and data centers.
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