A day after Aditya Birla Group's major announcement to foray into the cables and wires segment through the group's flagship, Ultratech Cement, stocks across the space continue to record decline in ...
UltraTech entry to the cables and wires segment disrupts competitor momentum; Industry stocks plunge
Cable and wire companies have also expanded their EBIT margins by 400 basis points over the financial years 2014 to 2024. Aggressive pricing by UltraTech may cap the margins. There is also risk of ...
Shares of select wire & cables companies including Polycab India, Havells India, KEI Industries and RR Kabel tumbled as much as 14 per cent during the trading session on Thursday after the Aditya ...
Shares of major players in the cables and wires segment came under significant selling pressure in today's session, February 27, after UltraTech, an Aditya Birla Group company, announced its entry ...
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