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

Among key cable and wire players, KEI Industries shares saw the sharpest fall, as the stock fell as much as 20% during the day to Rs 3,038.3 apiece on the NSE.

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 Cement’s unexpected investment in the wires and cables sector with a ₹1,800 crore capex plan has caused shares of major players like Polycab, KEI, and Havells to plummet. This move raises ...

A primary concern is that the cables & wires sector could have a similar fate to that of the paints industry, which has seen new companies enter in recent years, causing valuation multiples of ...

Shares of Polycab and RR Kabel ended 19% lower each, while those of Havells India closed 6% lower. KEI Industries shares fell 21%, while those of Finolex Cables also ended with losses of 6%. Together, ...

Stocks of Polycab India, KEI Industries, and UltraTech Cement rise despite market weakness, with brokerages maintaining buy ...

The cables and wires sector, a crucial segment of the electrical industry, is facing some challenging times ahead. While ...

Leading investment bank UBS revised its outlook on key C&W players, maintaining a 'Buy' on KEI Industries, but lowered target ...

UltraTech Cement had said that the entry through its building products division, is in line with the company’s strategy to strengthen its position as a comprehensive building solutions provider ...

Polycab India shares had gained 32% in 2024. With today's fall, the stock has given up all that it had gained in the previous year.

UltraTech Cement's entry into the cables and wires sector with a Rs 1,800 crore investment triggered a sharp sell-off, with KEI Industries, Polycab, and Havells plunging up to 17 percent.