Citi Sticks to Its Buy Rating for Polycab India Ltd. (POLYCAB)
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Kanodia covers the Consumer Cyclical sector, focusing on stocks such as Aditya Birla Fashion and Retail Limited, Devyani International Ltd., and Jubilant Foodworks Limited. According to TipRanks, Kanodia has an average return of 4.3% and a 41.67% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Polycab India Ltd. with a INR6,468.86 average price target, which is a -6.60% downside from current levels. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a INR8,428.00 price target.
The company has a one-year high of INR7,607.15 and a one-year low of INR4,557.45. Currently, Polycab India Ltd. has an average volume of 17.34K.
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