Economy
Diamond Power and Finolex projected to lead strong Q2 wire and cable sector
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THE BRIEF
1
Wires and cables sector companies are projected to post a robust second quarter in FY2027 driven by value-led growth and higher pass-through of copper and aluminium prices.
2
An InCred Equities report highlights Diamond Power Infrastructure and Finolex Cables as top outperformers, while Polycab India, KEI Industries and RR Kabel anticipate double-digit revenue growth.
3
Polycab India anticipates a 39% annual surge in quarterly revenue with EBITDA jumping 20%, though margins may decline to 13.6% due to high inventory gains.