Polycab India shares surged after reporting strong Q2 FY26 results, with consolidated net profit up 56% and revenue rising nearly 18% YoY. Analysts remain positive, citing robust growth in wires and cables and FMEG segments, strong exports, and margin expansion. The stock has gained over 40% in six months.
Global Market Today: Oil falls, Asian stocks rise as Iran tensions ease
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as