Polycab India shares rise 3% after UBS initiates 'buy'; check out target

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Polycab India shares rise 3% after UBS initiates 'buy'; check out target - Business Standard

Quick Summary:

Additionally, the brokerage believes, presents inorganic growth potential in adjacent FMEG categories can position the company among the top four-five in fans and small appliances, among others.

TAM is the total revenue a product or service could generate if it had 100 per cent of the market share in a specific industry or market.

Polycab's strategy, UBS believes, in the current growth-levered environment provides a significant edge, as evidenced by the company tracking ahead of its Rs 20,000 crore top-line target by FY26.