Positive impactSector
Polycab correction a buying opportunity, AI capex to drive cable demand: Gurmeet Chadha
CNBC-TV18 1 hr ago·4 Sept 2026, 10:44 am
Gurmeet Chadha, a prominent market analyst, believes the recent pullback in Polycab is a strategic entry point for investors. He attributes this view to a robust outlook for the cable sector, driven by significant capital expenditure (capex) from Artificial Intelligence (AI) initiatives and data center expansions. This infrastructure growth is expected to sustain strong demand for electrical cables in the coming quarters.
For investors, this signals a shift in focus towards stocks that support the digital and industrial infrastructure boom. While the immediate target is the electrical equipment sector, Chadha suggests keeping an eye on new-age digital companies and data center operators. These areas are likely to benefit from the broader AI narrative, offering potential growth avenues beyond traditional manufacturing stocks.
Key takeaways
- Category: Sector.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
