Polycab shares jump 6% as post-earnings target prices go up to Rs 10,500. Should you buy now?
- Posted on May 7, 2026
- By Business News Today
- 0 Views
- 1 min read
Polycab shares jump 6% as post-earnings target prices go up to Rs 10,500. Should you buy now?
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.
)