KEI Industries, Polycab shares surge up to 4% as UBS sees upside potential of up to 41%
Shares of KEI Industries and Polycab increased after UBS initiated a buy rating, forecasting substantial earnings growth due to favourable supply-demand dynamics in the electrification market. The segment is expected to reach $20 billion by FY30, with top companies increasing their market share and significant export revenue growth.
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