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https://www.moneycontrol.com/news/business/stocks/polycab-stock-falls-jefferies-keeps-buy-call-but-cuts-target-price-income-tax-clarity-awaited-12090941.html
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Polycab stock falls after tax raid, Jefferies keeps 'buy' call but cuts target price - Moneycontrol
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1/20/24 at 5:06am
Organization
Moneycontrol
Author
Moneycontrol News
Details
55 words
Summarize
Business & Industrial
Finance
tax raid
margin estimates
advertisement spending
Brokerage firm Jefferies maintained its 'buy' call on the company while slashing the target price from Rs 7,000 to Rs 5,870 as the company missed margin estimates due to low exports and higher advertisement spending in the quarter.
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