UltraTech Cement Ltd’s decision to enter the cables & wires (C&W) industry has caused jitters across stocks in the sector on fears of heightened competition. Shares of Polycab India Ltd, KEI ...
Wires and Cable stocks like Polycab Ltd., Havells India Ltd., KEI Industries Ltd., RR Kabel Ltd. and Finolex Cables Ltd. fell up to 21% on Thursday, February 27. The fall came after India's largest ...
On the back of rapid infrastructure growth and growing real estate as well as power demand, one sector that has done well is cables and wires. However, now the entry of the country's largest cement ...
Polycab share price took a sharp dive on Tuesday after Aditya Birla Group company UltraTech Cement announced its foray into the wires and cables industry. The announcement triggered a sell-off in all ...
Copyright 2025 The Associated Press. All Rights Reserved. Michelle Trachtenberg appears at the Critics’ Choice Television Awards in Beverly Hills, Calif., on June ...
Shares of UltraTech Cement Ltd., which are trading with losses for the seventh-straight sessions, fell 5% on Thursday, February 27, after announcing a foray into the wires and cables business.
The Aditya Birla Group's announcement of its entry into the Cables and Wires (C&W) segment sent ripples in the sector. Investors say that the group's flagship UltraTech Cement's foray into the ...
UltraTech Cement, India’s largest cement manufacturer, announced its foray into the wires and cables business with an initial capital expenditure of ₹1,800 crore over two years. The company ...
This acquisition, effective from March 1, values Kesoram at Rs 7,600 crore. UltraTech will also enter the wires and cables market with a Rs 1,800 crore investment. Kesoram's cement units will ...
Ultratech Cement on Tuesday announced its entry into the wires and cables segment and will invest Rs 1,800 crore to set up a plant in Gujarat over the next two years as part of plans to expand its ...