Polycab India Limited (POLYCAB) has announced that it has filed an appeal against the order of admission passed by the National Company Law Tribunal (NCLT) in Ahmedabad, which initiated the Corporate Insolvency Resolution Process (CIRP) against the company. The appeal has been filed before the Hon’ble National Company Law Appellate Tribunal (NCLAT) in New Delhi, and the tribunal has stayed and kept in abeyance the NCLT order.

Strong Financial Position

The company remains confident that there will be no adverse or material impact on its financial or business operations due to the NCLT order. Polycab continues to hold a zero-debt position with net cash position in excess of Rs.4,000 crores and a net worth of Rs.11,682 crores as per the audited financial statements for the year ended 31st March 2026.

Commitment to Transparency

Polycab spokesperson emphasized the company’s commitment to conducting its business operations with the highest standards of transparency, integrity, and governance. The appeal is scheduled for hearing on October 26, 2026, and the management continues to focus on its business operations across India and globally.

Polycab India Limited is India’s largest manufacturer of Wires and Cables and one of the fastest growing FMEG companies with a consolidated turnover of ₹285+ Bn in FY26. The company serves customers in 94 countries globally through a strong distribution network of 3,900+ authorized dealers and 190,000+ retail outlets.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Polycab India Limited

Polycab India Limited belongs to the Industrials › Electrical Equipment & Parts sector. Here’s a quick read on where the business and the stock stand today.

Polycab falls 11.8% over three months and has not found a floor yet. Thin margins at 9.2% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 26.6% and profits at 28.1% CAGR. Both numbers are exceptional. Sellers drive 1.5x the volume of buyers. Furthermore, they controlled 16 of recent sessions versus 14 for buyers — a clear distribution signal. Revenue grows at 26.6% and profits at 28.1% CAGR, with D/E of 0.15. Meanwhile, the stock dips 11.8% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Polycab India Limited.

Greaves Cotton Limited (NSE: GREAVESCOT) has appointed Mukul Kanchan as its Executive Director & CEO, effective October 1, 2026, subject to necessary approvals. With nearly two decades of experience across lending, corporate finance, private equity, and M&A, Mukul joins from Bengaluru-based employee benefits platform Plum, where he served as CFO.

Leadership in EV Financing

Mukul will lead Greaves Finance Limited’s (GFL) next phase of growth, scaling tailored financing for electric two-wheeler buyers through ev.fin, its 100% EV-focused lending platform. ev.fin, launched in 2023, is GFL’s consumer finance technology platform for electric mobility, working with EV manufacturers and their dealer networks to offer financing at the point of sale, serving customers across 86 cities.

Strategic Vision for Scaling EV Financing

Commenting on his appointment, Mukul Kanchan, Executive Director & CEO, Greaves Finance Limited, said, “Electric two-wheelers are fast becoming the everyday choice for India’s commuters, gig workers, and small businesses, and access to simple, fair credit is often what turns that intent into ownership. ev.fin has built strong foundations with leading EV OEM’s across the country. I am delighted to join Greaves Finance, and I look forward to scaling the business responsibly, with sharp credit discipline, a diversified funding base, and partnerships that make EV ownership easier for more Indians.”

At GFL, Mukul will focus on deepening ev.fin’s partnerships with EV OEM’s, including brands like Ampere, broadening the company’s funding base, and building a scalable, well-governed lending franchise with strong credit discipline.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Greaves Cotton Limited

Greaves Cotton Limited belongs to the Industrials › Specialty Industrial Machinery sector. Here’s a quick read on where the business and the stock stand today.

Greaves falls 20.2% over three months and has not found a floor yet. The PEG stands at 4.43 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Buyers show up with 2.3x the volume of sellers. Moreover, they dominated on 15 of recent sessions versus 14 for sellers — a healthy accumulation pattern. The stock rises -20.2% in three months on 8.6% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Greaves Cotton Limited.

Eimco Elecon (India) Limited (EIMCOELECO) announced its unaudited financial results for the quarter & half-year ended 30th September 2026 – Q2 & H1 FY27. The company reported a robust performance with significant year-on-year growth. Revenue for the quarter increased to ₹57 crore from ₹33 crore in the corresponding period last year, representing a strong year-on-year growth of 70.9%.

Strong Revenue and Profit Growth

This performance was driven by robust execution of the order book, supported by healthy order inflows and sustained demand across key business drivers. The company’s EBITDA for the quarter increased by 108.8% year-on-year to ₹11 crore, with the EBITDA margin improving to 18.8%. Profit after tax (PAT) stood at ₹8 crore, registering a 46.5% year-on-year increase. Margins improved year-on-year, supported by better capacity utilization and efficient execution.

Optimistic Outlook

Margins are in line with the company’s targeted range of 18-20%. Kamlesh N. Shah, Executive Director, highlighted the sustained momentum in the business and effective execution of strategic priorities. The company remains focused on driving operational excellence while continuing to invest in capabilities that strengthen its competitive position and create sustainable value for stakeholders. Looking ahead, the company remains optimistic about the demand environment, supported by ongoing infrastructure development and increased mining activity.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Eimco Elecon (India) Limited

Eimco Elecon (India) Limited belongs to the Industrials › Farm & Heavy Construction Machinery sector. Here’s a quick read on where the business and the stock stand today.

Eimco gains 29.2% over three months and trades near its 52-week highs. Revenue grows at 10.2% and profits at 25.6% CAGR. The market consistently rewards this kind of compounding. The PEG of 1.30 sits close to fair value. The stock is neither a clear buy nor obviously expensive. The stock gives back 1.9% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Both the business and the stock move in the right direction. Revenue grows at 10.2%, profits at 25.6%, and the PEG sits at 1.30 — below its growth rate. That combination is rare. Check Fundamentals of Eimco Elecon (India) Limited.