Polycab vs Finolex Cables: Why Jefferies says ‘buy the fall’, sees 34% upside in one stock
Jefferies believes that UltraTech Cement’s entry into the cable and wire segment with its Ultravolt brand may not be enough to unsettle the leading listed players. The brokerage has ‘Buy’ ratings on Polycab India and Finolex Cables, with potential upsides of 34% and 15%, respectively. Polycab’s market leadership, large cable mix, and distribution strength make it a strong investment case.