Polycab India has signed an agreement to divest its entire shareholding in its wholly-owned subsidiary Ryker Base Pvt Ltd. The agreement has been signed with Renuka Investments & Finance Ltd, a wholly-owned subsidiary of Hindalco Industries Ltd. The enterprise value Read more
Polycab India, in a recent investor presentation, said that it commanded a market share of 20-22 per cent in the organized wires & cables market, in FY21. The presentation further estimated Polycab India’s market share in the total wires Read more
Polycab India has planned to incur capital expenditure of Rs.300 crore in the ongoing fiscal year, FY21, according to information provided by company officials at a recent investor conference. Around 35 per of this, translates to around Rs.105 crore, Read more
Polycab India sees good business potential in extra high voltage (EHV) cables, according to R. Ramakrishnan, the company’s CEO. Ramakrishnan was addressing a press conference in Mumbai, ahead of the company’s initial public offering (IPO) of equity shares Read more