Polycab, UltraTech and KEI Industries

UltraTech's entry into wires and cables market: What it means for Polycab India
Polycab India’s stock plunged sharply as UltraTech Cement announced its entry into the cables and wires sector with a ₹1,800 crore investment. While investors fear intensified competition, will Polycab’s strong fundamentals help it withstand the potential disruption?
Polycab, KEI Industries, R R Kabel, Havells and Finolex Cables crash on UltraTech’s entry into cables & wires space
Polycab, KEI Industries and R R Kabel stock crashed 20%, UltraTech shares end nearly 5% lower. Analysts predict mild negative reaction on UltraTech’s foraying entry into C&W space, as the investors have traditionally viewed the company as a pure-play cement firm.
Polycab, KEI to Havells - Wire Stocks Crash Up to 20%: What’s Behind the Fall?
Shares of Polycab India, KEI Industries, Havells India, and RR Kabels tanked on Thursday after UltraTech announced its foray into the wires and cables industry
Polycab, KEI to Havells - Cables & wire stocks catch fire, tank up to 20% on UltraTech’s foray into segment
Polycab share price tumbled 17.6% in today’s session, reaching ₹4,751 apiece, while those of KEI Industries crashed 20% to hit ₹3,038. Likewise, R R Kabel shares plunged by 14% to hit an all-time low of ₹954 apiece.
Polycab, Havells India, KEI Industries shares fall up to 21% after UltraTech's announcement
Shares of Polycab and RR Kabel ended 19% lower each, while those of Havells India closed 6% lower. KEI Industries shares fell 21%, while those of Finolex Cables also ended with losses of 6%. Together,
Polycab, KEI, Havells shares plunge up to 20% as UltraTech forays into wires market
Polycab India share price dropped as much as 15.6%, while KEI Industries and RR Kabel fell 20% and 14%, respectively.
Polycab India, KEI, Havells, RR Kabel, UltraTech tank up to 15%; here's why
Shares of Polycab, KEI, Havells India and R R Kabel slumped up to 15% after UltraTech announced its foray into wires & cables segment with an investment of Rs 1,800 crore over the next 2 years
Polycab, KEI Industries share price crash: Mutual funds have the highest exposure to which stock?
Polycab India shares had gained 32% in 2024. With today's fall, the stock has given up all that it had gained in the previous year.
Polycab, KEI Industries, RR Kabel, Havells face de-rating, target price cut as UltraTech forays into cables & wires
UltraTech Cement's entry is expected to impact the revenue growth of existing incumbents, with HSBC estimating a 1.1% reduction in revenue growth for the sector. The lower earnings growth outlook has led to a 20% - 23% reduction in target prices for pure-play Cables & Wires companies.
Share price of Polycab, Kei, Havells fall after UltraTech announces segment entry
Intensified competition, potential pricing pressures, and market dynamic shifts are concerns investors are seeing in the ₹845 billion cables and wires market.
Polycab, RR Kabel, Finolex, KEI Industries, Havells: How UltraTech short circuited cable stocks
UltraTech Cement to invest ₹1,800 crore in cables and wires segment, impacting market value of cable companies.
Polycab, KEI, Havells shares short-circuited. Is this Birla’s next paint-style disruption?
Shares of wires and cables manufacturers Polycab, KEI Industries and Havells fell up to 20% on Thursday as investors fear ...
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Polycab India shares rebound after brutal selloff
Even though the brokerage cuts the price targets, it still keeps ‘buy’ ratings on Polycab, Havells India, and R R Kabel.
Shares to buy: Prashanth Tapse of Mehta Equities suggests these three stocks to buy or accumulate in the short term
Prashanth Tapse recommends these three stocks in the short term - ITC Ltd, Polycab India Ltd, and Imagicaaworld Entertainment ...
Polycab India shares rise 3% after selloff as investors reassess UltraTech threat
The recovery followed a sharp selloff on Thursday, triggered by HSBC cutting target prices for major wires and cables ...