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VERIFIEDET Stocks·positive
BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upside
AI Summary
- ·BofA initiated coverage on Polycab and KEI with buy ratings.
- ·BofA sees up to 22% upside in Polycab and KEI.
- ·BofA expects India's wires and cables industry to grow at a 14% CAGR between FY26 and FY29.