The Indian market closed in the red for the second consecutive day in a row on Friday tracking geopolitical concerns.The BSE Senses fell nearly 600 points while the Nifty50 managed to close just above 24,000.
Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?
Polycab shares have fallen 17% from their June peak after UltraTech entered the wires and cables segment. Jefferies retained its Buy rating and Rs 11,100