The shares of leading wires and cables manufacturers Polycab India, RR Kabel, KEI Industries, Havells India, and Finolex ...
Polycab, KEI Industries and R R Kabel stock crashed 20%, UltraTech shares end nearly 5% lower. Analysts predict mild negative ...
Finolex Cables Limited (FCL) was established in 1958 and has emerged as Indias largest and leading manufacturer of electrical and telecommunication cables. The Company is principally engaged in ...
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 and RR Kabel ended 19% lower each, while those of Havells India closed 6% lower. KEI Industries shares fell ...
Finolex Cables saw a slight increase of 0.43% in its stock price, bringing its market cap to Rs 12,629.73 crore.
With this fall, shares of Polycab, KEI Industries and Havells have corrected between 30% to 40% from their respective peaks, ...
The entry of UltraTech, the flagship cement company of the Aditya Birla Group, into the cables and wires (C&W) business has ...
Polycab India share price dropped as much as 15.6%, while KEI Industries and RR Kabel fell 20% and 14%, respectively.
UltraTech Cement's entry into cable and wire segment triggers market sell-off despite flat indices. Industry braces for ...