UltraTech foray into the Cables and Wires (C&W) segment will not have any material impact on earnings of existing C&W players ...
With this fall, shares of Polycab, KEI Industries and Havells have corrected between 30% to 40% from their respective peaks, ...
Polycab, KEI Industries and R R Kabel stock crashed 20%, UltraTech shares end nearly 5% lower. Analysts predict mild negative ...
Havells To Finolex: Wire And Cable Stocks Recover After Selling Pressure From UltraTech's Entry Plan
Finolex Cables saw a slight increase of 0.43% in its stock price, bringing its market cap to Rs 12,629.73 crore.
Polycab India share price dropped as much as 15.6%, while KEI Industries and RR Kabel fell 20% and 14%, respectively.
UltraTech Cement to invest ₹1,800 crore in cables and wires segment, impacting market value of cable companies.
Shares of Polycab and RR Kabel ended 19% lower each, while those of Havells India closed 6% lower. KEI Industries shares fell ...
The shares of leading wires and cables manufacturers Polycab India, RR Kabel, KEI Industries, Havells India, and Finolex ...
The entry of UltraTech, the flagship cement company of the Aditya Birla Group, into the cables and wires (C&W) business has ...
A primary concern is that the cables & wires sector could have a similar fate to that of the paints industry, which has seen ...
Shares of Polycab India, KEI Industries, Havells India, and RR Kabels tanked on Thursday after UltraTech announced its foray ...
Shares of Polycab, KEI, Havells India and R R Kabel slumped up to 15% after UltraTech announced its foray into wires & cables ...
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