← Latest news 
Polycab shares surge 6% after strong Q4 results and broker target hikes up to Rs 10500
Economy
Published on 7 May 2026
Even weak demand and destocking could not stop earnings
Polycab India shares jumped 6% to Rs 8,938.70 after it reported stronger-than-expected Q4 results. Brokerages raised target prices following a 27% YoY revenue jump and 13% EBITDA growth. Analysts pointed out the surprise strength despite geopolitical disruptions, weak March demand, and channel destocking, with Citi taking the Street-high view at Rs 10,500.
- Polycab stock jumped 6% to Rs 8,938.70 after Q4 results
- Revenue grew 27% YoY and EBITDA rose 13%
- Brokerages hiked targets, with Citi at Rs 10,500
- Strong earnings held up despite weak demand and destocking
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times