UltraTech foray into the Cables and Wires (C&W) segment will not have any material impact on earnings of existing C&W players ...
Polycab, KEI Industries and R R Kabel stock crashed 20%, UltraTech shares end nearly 5% lower. Analysts predict mild negative ...
With this fall, shares of Polycab, KEI Industries and Havells have corrected between 30% to 40% from their respective peaks, ...
The shares of leading wires and cables manufacturers Polycab India, RR Kabel, KEI Industries, Havells India, and Finolex ...
Finolex Cables saw a slight increase of 0.43% in its stock price, bringing its market cap to Rs 12,629.73 crore.
UltraTech Cement to invest ₹1,800 crore in cables and wires segment, impacting market value of cable companies.
Polycab India share price dropped as much as 15.6%, while KEI Industries and RR Kabel fell 20% and 14%, respectively.
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 ...
A primary concern is that the cables & wires sector could have a similar fate to that of the paints industry, which has seen ...
Shares of Polycab India, KEI Industries, Havells India, and RR Kabels tanked on Thursday after UltraTech announced its foray ...
The Wires and cables stocks traded under pressure on Thursday. This comes after UltraTech Cement, an Aditya Birla Group ...