POLYCAB.NS Polycab India Limited Loading... : Bullish and Bearish Analyst Opinions

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15:15
Sep 09
u/HeftyAdvertising2566 Reddit r/IndianStockMarket
Polycab panic over UltraTech entry is overdone
Author bought Polycab at ₹8,388 after a 6% drop triggered by UltraTech Cement's announced entry into wires and cables. He argues the selloff is noise because cement expertise does not transfer to cables and Polycab's distribution network and B2B moat would take years to replicate. He waited for selling to dry up and a green daily candle before entering, expecting the overreaction to correct itself. Main risk implied is that the competitive threat is real and the panic is not over.
POLYCAB.NS
HIGH
15:11
Sep 09
u/HeftyAdvertising2566 Reddit r/IndianStockMarket
Polycab panic over UltraTech entry is overdone
Author bought Polycab at ₹8,388 after a 6% drop triggered by UltraTech Cement's announced entry into wires and cables. He argues the selloff is noise because cement expertise does not transfer to cables and Polycab's distribution network and B2B moat would take years to replicate. He waited for selling to dry up and a green daily candle before entering, expecting the overreaction to correct itself. Main risk implied is that the competitive threat is real and the panic is not over.
HIGH

About POLYCAB.NS Analyst Coverage

Buzzberg tracks POLYCAB.NS (Polycab India Limited) across 1 sources. 2 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 2 total trade ideas tracked. Past 7 days: 2 bullish. Latest voices: u/HeftyAdvertising2566.