<ul data-eligibleForWebStory="false"><li>Nirmal Bang maintains a 'Hold' rating on Polycab shares, citing strong execution and favorable industry tailwinds for growth.</li><li>Polycab achieved its highest-ever consolidated revenue of ~Rs 224 billion and PAT of Rs 20 billion in FY25, driven by healthy growth in the wires & cables and FMEG businesses.</li><li>The company strengthened its position in the Indian wires and cables market in FY25, increasing its share of the organized segment to 26-27%, with W&C revenue growing around 20%, surpassing industry growth.</li><li>Nirmal Bang suggests accumulating Polycab shares on dips for long-term prospects.</li></ul>

'Hold' Polycab Shares Maintains Nirmal Bang, Says Execution, Favorable Industry Tailwinds To Drive Growth

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