UltraTech Cement to invest ₹1,800 crore in cables and wires segment, impacting market value of cable companies.
Polycab India’s stock plunged sharply as UltraTech Cement announced its entry into the cables and wires sector with a ₹1,800 ...
Aditya Birla Group rattled the paints industry with an aggressive pricing play. Now, UltraTech is making a ₹1,800 crore push ...
The company added that cement remains its core business, while entry into wires and cables is an adjacencies play ...
UltraTech Cement Ltd. closed 16.72% short of its 52-week high of 12,143.90 rupees, which the company reached on December 16th ...
Motilal Oswal expects Ultratech’s entry to threaten valuation multiples of C&W companies, leading to erosion in stocks even ...
Even though the brokerage cuts the price targets, it still keeps ‘buy’ ratings on Polycab, Havells India, and R R Kabel.
Polycab, KEI Industries and R R Kabel stock crashed 20%, UltraTech shares end nearly 5% lower. Analysts predict mild negative ...
UltraTech's cable venture shows potential with a Rs 1,800 crore investment. Will it rival industry giants? Explore the ...
Harshit Kapadia, Vice President-Analyst at Elara Capital, is positive on Bharat Electronics, Hindustan Aeronautics (HAL), and Bharat Dynamics in the defence sector, highlighting their strong order ...
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.
Investec, Jefferies, and Nuvama have retained 'Buy' ratings on UltraTech Cement, Apollo Hospitals, and Crompton Greaves ...
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