Diamond Power, Finolex, Polycab: How cables and wire stocks will perform in Q2 results 2026 | Expectations, preview | Stock Market News

An InCred Equities report expects strong second-quarter results for India’s wires and cables sector, driven by value-led growth as higher copper and aluminium prices are passed through and volumes remain in the low to mid-single digits. Diamond Power Infrastructure and Finolex Cables are flagged as likely outperformers. Polycab India, KEI Industries, and RR Kabel are also expected to deliver double-digit growth. For Polycab India, revenue could rise nearly 39% year-on-year, with EBITDA up 20%, though margins may slip 215 basis points to 13.6% due to a high inventory-gain base. KEI Industries revenue may jump 27% with EBITDA up 48%, while RR Kabel could see revenue up 39% and EBITDA up 48% but quarterly PAT down about 16%.