🟡 Medium ImpactBrokerCalls
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
#sell-rating#cables#brokerage-action
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⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.
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