Yes, so actually this year because of associated with the expected El Nino which is almost certain because all the models are indicating a probability of around more than 95 percentage, so generally El Nino related associated with that monsoon is to be below normal, it happens.
BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upside
BofA expects India’s wires and cables industry to grow at a 14% compound annual rate between FY26 and FY29, supported by spending on infrastructure, renewable