Polycab warns of near-term volume growth moderation
after close1 source ↓written by the desknot a recommendation
- growth projected
- 13%
- cable capacity
- 220kV to 550kV
Polycab India Ltd. indicated that near-term volume growth may moderate to mid-single digits, despite maintaining its positive medium-term outlook. The company anticipates demand for wires and cables to remain robust, driven by government infrastructure spending, with industry growth projected at 13%.
• Expanding EHV cable capacity from 220kV to 550kV.
• Management expects to outpace industry growth rates.
Not investment advice. For informational purposes only.