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BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upside

BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upside
Source: Economic Times

BofA expects India's wires and cables industry to grow at a 14% compound annual rate between FY26 and FY29, supported by spending on infrastructure, renewable energy and power grids, as well as exports.

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