neutral
Recently
Polycab rebounds following recent correction
Polycab shares recovered after Q3 results restored investor confidence following a prolonged decline in recent sessions.
Shares of Polycab India rose up to four percent, snapping a six session losing streak after investors responded positively to its quarterly performance. Market participants reacted to improved revenue visibility and margin stability indicated in Q3 results. The rebound followed sustained selling pressure seen earlier in the month. Recovery was driven by earnings comfort rather than broader sector level momentum at this stage.