[ad_1] Competition in India’s cables and wires industry is set to intensify further. Shares of Polycab India Ltd., Havells India Ltd., and peers like RR Kabel, Finolex Cables will be in focus yet again on Thursday, March 20, after another conglomerate has announced a foray into this space. In an exchange filing on Wednesday, Adani […]
UltraTech’s entry into cables and wires may impact RR Kabel, Finolex: Elara Capital – CNBC TV18
[ad_1] The entry of Aditya Birla Group’s flagship company, Ultratech Cement, into the cables and wires sector may impact existing players such as RR Kabel and Finolex Cables, according to Harshit Kapadia, Vice President-Analyst at Elara Capital. “If we get a sense from the Ultratech itself, then we get an intention of how aggressive they can […]
Wires and Cables stocks lose $3.6 billion on UltraTech’s $200 million foray – CNBC TV18
[ad_1] Shares of India’s five wires and cables companies – Polycab India Ltd., Havells India Ltd., KEI Industries Ltd., Finolex Cables Ltd. and RR Kabel Ltd. have lost over ₹33,000 crore ($3.8 billion) in market capitalisation on Thursday, February 27, after India’s largest cement company, UltraTech Cement, announced a foray into the segment. Shares of […]
Polycab, Havells, KEI and other wires and cable stocks should be on your radar today; Here’s why – CNBC TV18
[ad_1] Wires and Cable stocks like Polycab Ltd., Havells India Ltd., KEI Industries Ltd., RR Kabel Ltd. and Finolex Cables Ltd. should be in focus on Thursday, February 27, after India’s largest cement company, UltraTech Cement Ltd., announced a foray into this space on Tuesday. UltraTech Cement on Tuesday announced that it proposes to extend […]