Jefferies' five mid-cap bets amid capex revival in India: Polycab, Havells and more

Jefferies has identified Polycab India, Supreme Industries, Pidilite Industries, Finolex Cables, and Havells India as key capex plays. The brokerage expects these firms to post an average sales and PAT CAGR of 14% and 25% for FY23–26E, with operating profit margin (OPM) expanding by 265 basis points (bps) on operating leverage.

Pidilite Industries to be included in Nifty? What it means for the stock and you as an investor in the company

According to reports, this will be an ad hoc inclusion on account of the mortgage major’s expulsion from the Nifty index—tracked by funds with assets of over $30 billion—on account of its merger with HDFC Bank, which has entered the final stages.

Top Pidilite Industries News

markets

Jefferies' five mid-cap bets amid capex revival in India: Polycab, Havells and more

markets

Pidilite Industries to be included in Nifty? What it means for the stock and you as an investor in the company