Polycab India Shares Down Despite Strong Earnings

Polycab India is a big company that makes wires and cables.

Recently, they reported really good earnings for the third quarter, with their net profit and revenue growing a lot compared to last year.

However, their stock price has been going down, even though some experts think it's a good time to buy.

The company has no debt and has been making a lot of money over the past five years.

Two different experts have different ideas about how high the stock price could go, but both think it's a good investment.

The stock isn't too expensive or too cheap right now, and it's done really well in the past, gaining a lot of value over three and five years.

So, even though the stock is down, some people think it's a good time to buy.