The cables and wires sector, a crucial segment of the electrical industry, is facing some challenging times ahead. While ...
Shares of wires and cables manufacturers plunged as UltraTech Cement announced its foray into the industry. Polycab India, ...
UltraTech Cement to invest ₹1,800 crore in cables and wires segment, impacting market value of cable companies.
Shares of Polycab, KEI, Havells India and R R Kabel slumped up to 15% after UltraTech announced its foray into wires & cables ...
Shares of Polycab India, KEI Industries, Havells India, and RR Kabels tanked on Thursday after UltraTech announced its foray ...
Polycab, KEI Industries and R R Kabel stock crashed 20%, UltraTech shares end nearly 5% lower. Analysts predict mild negative ...
Shares of Polycab and RR Kabel ended 19% lower each, while those of Havells India closed 6% lower. KEI Industries shares fell ...
First it was the paint industry, and this week it was the turn of stocks of the wires & cable sector to suffer cuts because ...
Polycab share price tumbled 17.6% in today’s session, reaching ₹4,751 apiece, while those of KEI Industries crashed 20% to ...
Among key cable and wire players, KEI Industries shares saw the sharpest fall, as the stock fell as much as 20% during the ...
A primary concern is that the cables & wires sector could have a similar fate to that of the paints industry, which has seen ...