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CLSA backs RR Kabel and Polycab in cable sector rally
Finance·Medium term

Cable stocks may keep climbing on capex demand

This is a clean sector call with clear stock preferences, which makes it useful for market watchers and retail investors. The broader theme — electrification and digital buildout — also ties into India’s capex narrative.

AI reasoning

This is a clean sector call with clear stock preferences, which makes it useful for market watchers and retail investors. The broader theme — electrification and digital buildout — also ties into India’s capex narrative.

Curated summary

CLSA has initiated coverage on RR Kabel, Polycab and KEI Industries, saying India’s cables and wires market can remain in a strong growth cycle. It gave Outperform ratings to RR Kabel and Polycab and a Hold to KEI Industries. The brokerage cited infrastructure spending, real estate recovery, manufacturing capex, electrification and digital expansion as structural demand drivers.

Supporting evidence

Source news

CLSA backs RR Kabel and Polycab in cable sector rally

The brokerage sees India’s cables and wires market entering a long growth cycle, but prefers RR Kabel and Polycab over KEI Industries on valuation.

Blog - Trade Brains·1h ago
Read full article at Blog - Trade Brains

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