Is Polycab good for long-term?
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Is Polycab good for long-term?
A strong brand and a healthy balance sheet are expected to help the company attain its long-term growth target. The brokerage has a buy call on Polycab India with a target price of Rs 2025, to be reached in a year.
Is Polycab a good investment?
As on 10-Dec-2021, POLYCAB INDIA is Over Valued based on the estimates of intrinsic value and hence may not be a good buying opportunity according to Share Valuation at this time!
Polycab India Limited quote is equal to 2345.000 INR at 2021-12-24. Based on our forecasts, a long-term increase is expected, the “POLYCAB” stock price prognosis for 2026-12-18 is 10358.60 INR. With a 5-year investment, the revenue is expected to be around +341.73\%.
Which is better Polycab or havells?
Havells India scored higher in 5 areas: Overall Rating, Work-life balance, Senior Management, Culture & Values and \% Recommend to a friend. Polycab Wires scored higher in 3 areas: Career Opportunities, Compensation & Benefits and Positive Business Outlook.
Is Polycab India Debt Free?
Company is virtually debt free. Company has a healthy Interest coverage ratio of 25.21.
Is TCS good for long-term investment?
What should investors do? Prabhakar said TCS shareholders can continue to be invested in TCS from a long-term perspective. “The company is still growing at a CAGR of 15 percent, which means sales and profit should double in five years,” he said. TCS shares have grown by around 3.6 times over the past five years.
Which is better Polycab or finolex?
There isn’t any evidence to show that Polycab wires are better than Finolex. They made a dubious claim that one can save 20\% of energy bill by changing over to Polycab cables, by roping in a celebrity, Paresh Rawal.
Which is the best wire company in India?
List of Top 10 Wire And Cables Company in India:
- Polycab Wires.
- Havells India Ltd.
- Finolex Cables Ltd.
- Sterlite Tech cables.
- Plaza Cables.
- KEI Industries Ltd.
- RR Kabel.
- V-Guard Industries Ltd.
Shares of Polycab fell more than 3\% in early trade today after the company reported a 36\% year on year (YoY) decline in net profit at Rs 753 m for the June 2021 quarter. The net profit declined due to one-off gains seen back in the June 2020 quarter.
Is havells debt free company?
Company is virtually debt free. The company has an efficient Cash Conversion Cycle of 33.38 days. The company has a good cash flow management; CFO/PAT stands at 1.02.
Is polycab India a good long term investment?
As on 09-Sep-2021, the Fundamentals of POLYCAB INDIA look Strong and hence it may be good for long term investment! See Financial Performance of POLYCAB INDIA .
What is the dividend yield of polycab India?
Dividend Yield: – It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Polycab India is Rs 10 and the yield is 0.41 \%. The company was incorporated as ‘Polycab Wires Private Limited’ on January 10, 1996 at Mumbai as a private limited company under the Companies Act, 1956.
What is the polycab stock analysis?
The Polycab Stock analysis helps the investors identify the intrinsic worth of the security. The profit and loss statement of Polycab provides a summary of how the business incurs revenues and expenses. We give our clients a detailed analysis of the Polycab. A comparative analysis of the Electrical Cables sector is available on the website.
What is the intrinsic value of polycab India?
As on 09-Sep-2021, the Intrinsic Value of POLYCAB INDIA is Rs. 879.74 determined based on Median of the 3 historical models. Is POLYCAB INDIA trading at a Premium or Discount?