Archive · 12 Jan 2026
Stock Market Updates: GAIL, KEI, Polycab
J.P. Morgan has shared some updates about the stock market.
They suggest that GAIL (India) is a good stock to buy today.
They also started looking at two companies, KEI and Polycab, which make cables and wires.
These companies are important because they help with electrification and energy transition.
J.P. Morgan thinks both companies will do well, but they prefer KEI a bit more because it has a cleaner focus on cables and wires, and it exports more.
Polycab is also doing well, but it might face more competition.
Both companies are good investments, but KEI might be a better choice in the long run.
J.P. Morgan recommends buying GAIL (India) stock.
KEI and Polycab initiated with 'Overweight' ratings, potential upside of 21% and 16% respectively.
Cable and Wire (C&W) majors poised for near-term EPS upgrades driven by rising copper prices.
KEI preferred for cleaner C&W exposure, higher export and EHV mix, and potential margin improvement.
Polycab expected to deliver higher near-term growth but faces competition and margin normalization.
- Who
- J.P. Morgan
- What
- Stock market updates and analysis on GAIL, KEI, and Polycab
- When
- 12th January 2026
- Where
- Global stock market
- Why
- To provide investment insights and potential stock recommendations
- Stocks to buy
- GAIL (India)
- Companies Initiated Coverage
- KEI, Polycab
- KEI Potential Upside
- 21%
- Polycab Potential Upside
- 16%
- KEI Cable Mix
- 65-70%
- Polycab EBIT Margin
- 450bps higher than top 5 peers
- Polycab Trading Discount
- 10% discount to KEI