2 days ago
Polycab India Ltd. (POLYCAB) Receives a Buy from Morgan Stanley
Morgan Stanley analyst Girish Achhipalia maintained a Buy rating on Polycab India Ltd. today and set a price target of INR8,428.00. The company's shares closed last Friday at INR6,926.00.
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According to TipRanks, Achhipalia is ranked #4930 out of 9841 analysts.
Currently, the analyst consensus on Polycab India Ltd. is a Moderate Buy with an average price target of INR6,468.86.
Based on Polycab India Ltd.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR69.86 billion and a net profit of INR7.27 billion. In comparison, last year the company earned a revenue of INR55.53 billion and had a net profit of INR5.46 billion
