Shares of Polycab India rallied as much as 4% after Jefferies raised its target price to Rs 10,920 and reiterated its Buy rating.

India

Who

Jefferies, Polycab India

What

When

Wed, 17 Jun 2026 08:35:00 GMT · 2h 9m ago

Where

India ·

Why

Jefferies cited market share gains, data centre opportunities, a healthy order pipeline, diversified revenue streams, and strong earnings growth expectations.

The Frontline Impact

How this affects you

Jefferies' upgraded target price for Polycab India, a major player in India's cable and wire industry, suggests a 14% upside from current market levels, indicating potential for significant investor returns and reflecting positive sentiment in the Indian market.

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Verified Sources & Citations

The Economic Times
https://economictimes.indiatimes.com/markets/stocks/news/jefferies-raises-polycab-share-price-target-after-30-rally-in-2026-here-are-5-reasons-why/articleshow/131792926.cms
HIGH

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