my POV on : PolyCab india
About Company : it is India’s leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands. it have a range of cables and wires for practically every application. More recently Polycab has also launched a wide range of consumer electrical products like Fans, Switches, Switchgear, LED lights and Luminaries, Solar Inverters, and Pumps.
sales growth is good and also Sales & Profit at ATH, Cash flow is positive.
Valuation is at average PE : 39 (not cheap or reasonable but still good for momentum investor) ,
Company is almost debt free.
CWIP is increasing so company is expanding their business its clear.
if you do Peer comparison it is at TOP.
also Price at Support level in weekly and can continue their trend of Higher High. this is what i can see... i am not biased but cant find any major negatives in it, apko agar koi negative mile to bata sakte ho, it will help me, and after all this is Just my Point of view, not recommendations to buy or sell. you can share your Point of view.. thank you..
