Shares of Polycab India, KEI Industries, Havells India, and RR Kabels tanked on Thursday after UltraTech announced its foray ...

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

UltraTech's ₹1,800 Cr entry into the cable-wire business sparks competition fears. Analysts predict margin pressure, a ...

Motilal Oswal has cut the target price for Polycab, KEI, RR Kabel on concerns about value erosion. However, they believe the ...

Shares of select wire & cables companies including Polycab, Havells, KEI Industries and RR Kabel tanked up to 14% during the trading session on Thursday after UltraTech Cement eyes its entry in the ...

UltraTech intends to invest ₹1,800 crore ($200 million) in order to build a cables and wire facility in Gujarat's Bharuch.

Shares of Polycab, KEI, Havells India and R R Kabel slumped up to 15% after UltraTech announced its foray into wires & cables ...

It is believed that grabbing market share in the cables and wire segment will be easy for UltraTech Cement given its strong brand.

Finolex Cables saw a slight increase of 0.43% in its stock price, bringing its market cap to Rs 12,629.73 crore.