Kotak downgrades Polycab, RR Kabel, KEI to 'Sell'

Kotak downgrades Polycab, RR Kabel, KEI to 'Sell' due to stretched valuations and margin concerns. The brokerage cites P/E ratios above 30x and weak near-term demand outlook. Lower earnings visibility in the wires and cables sector prompted the negative stance.

📊 STOCKS: POLYCAB | RRKABEL | KEI | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #sell-rating