Polycab India Ltd’s shares touched a new 52-week high of ₹3,415 apiece on Tuesday on the National Stock Exchange. “In a media appearance post-results, management guided a sharp increase in A&P spending to 2-3 times the levels of FY23," said analysts at Kotak Institutional Equities in a report on 15 May. Polycab’s overall Ebitda margin for FY23 rose by 276 …
