The recovery followed a sharp selloff on Thursday, triggered by HSBC cutting target prices for major wires and cables ...

Polycab India’s stock plunged sharply as UltraTech Cement announced its entry into the cables and wires sector with a ₹1,800 ...

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.

Polycab, KEI Industries and R R Kabel stock crashed 20%, UltraTech shares end nearly 5% lower. Analysts predict mild negative ...

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 ...

Polycab share price tumbled 17.6% in today’s session, reaching ₹4,751 apiece, while those of KEI Industries crashed 20% to ...

Shares of Polycab and RR Kabel ended 19% lower each, while those of Havells India closed 6% lower. KEI Industries shares fell ...

Among key cable and wire players, KEI Industries shares saw the sharpest fall, as the stock fell as much as 20% during the ...

Even though the brokerage cuts the price targets, it still keeps ‘buy’ ratings on Polycab, Havells India, and R R Kabel.

Polycab India share price dropped as much as 15.6%, while KEI Industries and RR Kabel fell 20% and 14%, respectively.