Have you ever experienced a fall of more than 30% in your portfolio stock within a matter of few days due to some adverse news/law change/industry slowdown?
These stocks typically belong to companies that are expanding rapidly, driving innovation, and positioning themselves for future success.
However, market volatility can cause even the most promising growth stocks to experience steep declines. Identifying growth stocks that have experienced a notable dip can be a savvy investment move.
In this article, we will explore four growth stocks that have seen their share prices drop by more than 30% but still show promising potential for the future.
These companies might be undervalued at the moment, making them worthy of a place on your watchlist.
Whether you’re a seasoned investor or just starting to build your portfolio, understanding these opportunities could help you make well-informed decisions and potentially unlock significant growth in the years ahead.
Read on…
#1 Polycab India
Polycab is India’s leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands.
The company has a range of cables and wires for every application. Recently, Polycab has also launched a wide range of consumer electrical products like fans, switches, switchgears, LED lights, and luminaries, solar inverters, and pumps.
Polycab enjoys a market share of 22-24% in the domestic organised wires and cables business. The company derives 89% of its revenues from wires and cables segment, 9% from fast moving electrical goods, and the balance 2% from other businesses.
The company derives 90% of its revenues from domestic market and balance 10% from exports.
Polycab expanded its global footprint to 76+ countries. Out of the exports, 46% are to North America and 20% to Europe.
In India, the company has a strong presence with 4,300+ distributors, 205,000+ Retail outlets, 23 warehouses and depots, 4 regional offices, 9 local offices, and 17 experience centres.
Coming to the financials, Polycab reported a 23.9% growth in revenue in 9MFY25.
EBITDA growth came in at 12% and the EBITDA margins deteriorated from 13.9% in 9MFY24 to 12.6% in 9MFY25.
Going ahead, for FY26 the company has guided to achieve a sales of Rs 200 bn through its Project Leap.
» Read More
