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Polycab India Secures Major BharatNet Contract with BSNL

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Polycab India Secures Major BharatNet Contract with BSNL

Polycab India Ltd. ( (IN:POLYCAB) ) just unveiled an announcement.

Polycab India Limited has entered into an agreement with Bharat Sanchar Nigam Limited (BSNL) to serve as the Project Implementation Agency for the BharatNet program in Bihar. This contract, valued at ₹3002.99 crores, involves the design, supply, construction, installation, upgradation, operation, and maintenance of the middle mile network. The project is expected to enhance Polycab’s operational capabilities and strengthen its position in the telecommunications infrastructure sector.

More about Polycab India Ltd.

Polycab India Limited operates in the electrical industry, focusing on the design, manufacturing, and supply of wires and cables. The company is a significant player in the Indian market, providing a wide range of electrical solutions.

YTD Price Performance: -33.16%

Average Trading Volume: 25,766

Current Market Cap: 738.2B INR

Find detailed analytics on POLYCAB stock on TipRanks’ Stock Analysis page.

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