Polycab, KEI or Havells: Which Wires and Cables Stock Is a Better Buy After the Recent Correction?
India, Nov. 2 -- The Indian wires and cables industry is witnessing steady growth, supported by rising infrastructure investments, power demand, and increasing electrification. The sector is expected to maintain a healthy growth trajectory over the coming years, with leading companies such as Polycab, KEI Industries, and Havells continuing to operate in this expanding market.
BofA Securities on Wires and Cables Sector
Industry Growth Outlook Remains Strong
According to BofA Securities, the Indian wires and cables segment is expected to grow at a CAGR of 14% from FY26-FY29. Stock analysts maintain their growth expectations for the segment despite corrections seen in stocks in the past few days. According to them, the industry is expected...
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