Polycab India shares jumped 6% to Rs 8,938.70 after the company posted stronger-than-expected Q4 results, triggering a wave of target price hikes by brokerages. Consolidated revenue rose 27% YoY, while EBITDA grew 13%. Analysts said the performance stood out despite geopolitical disruptions, weak March demand and channel destocking, with Citi setting the Street-high target at Rs 10,500.
Nifty’s 21-day calm before the storm? History warns of a sharp move ahead
Nifty 50’s August 2026 stability historically signals significant volatility ahead. With future direction unclear, analysts advise shifting investment strategies toward earnings-led, stock-specific selections rather than
September 5, 2026