Polycab shares in focus after securing Rs 6,448-crore BharatNet contract from BSNL

Polycab shares will be in focus on Wednesday after the company announced it has secured a contract worth Rs 6,447.54 crore from Bharat Sanchar Nigam Limited (BSNL) under the BharatNet project. The contract appoints Polycab India as the Project Implementation Agency (PIA) for network development in Karnataka, Goa, and Puducherry.

The agreement, part of Package 4 of the amended BharatNet programme, includes the design, supply, construction, installation, upgradation, operation, and maintenance of middle-mile network infrastructure.