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SBI Securities sees further upside in Polycab India, sets ₹11,000 fair value target

SBI Securities recommends accumulating Polycab India, assigning a Rs 11,000 fair value target. It cites diversified wires, cables and FMEG execution, copper-led distributor restocking, power-sector capital expenditure and data-centre demand as growth drivers.

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Investment horizon: 3 to 8 months

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