Cable stocks seen gaining on higher metal prices in FY27
In short
India’s cable and wire companies are expected to have another strong quarter in FY27. The report says higher copper and aluminium prices, plus value-led growth, may help the sector. InCred Equities expects Diamond Power and Finolex to do better.
This matters to cable makers and investors watching metal costs and demand. The story does not give exact company forecasts or say how Polycab will perform.
What the reporting says
India’s wires and cables sector is expected to deliver another strong quarter in FY27, driven by higher copper and aluminium prices and value-led growth. Mint’s summary said InCred Equities sees Diamond Power and Finolex outperforming, while the note also points to Polycab in the headline. The report does not give a forecast period beyond Q2 FY27 or provide company-specific numbers.
Why it matters
India’s wires and cables sector is expected to post another strong quarter in FY27, helped by higher copper and aluminium prices and value-led growth. The publisher-supplied note says InCred Equities expects Diamond Power and Finolex to outperform. The report does not give detailed estimates for Polycab or clarify the scale of the expected beat, so the immediate market impact remains uncertain.