Shares of Polycab India, the country’s largest manufacturer of cables and wires, tumbled 17.6% on 27 February. This sharp decline followed UltraTech Cement’s unexpected announcement of its foray into ...
Shares of major players in the cables and wires segment came under heavy selling pressure in intraday trade on Thursday, March 20, amid renewed concerns following Adani Group’s entry into the market.
Indian IT stocks plunge as Nifty IT index drops over 3% amid global recession fears and weak earnings outlook (Image: Freepik) The cable industry is under significant pressure. Stocks like KEI, ...
https://www.thehindubusinessline.com/markets/stock-markets/cables-wires-stocks-polycab-kei-havells-finolex-shares-crash-after-ultratech-big-move/article69269318.ece ...
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 Polycab, KEI, Havells, and RR Kabel dropped up to 14% amid rising competition concerns in the wires and cables sector. Here’s what’s fuelling the sell-off. (Image: Unsplash) Stocks of ...
Polycab India started with just a small electrical retail shop in Mumbai a few decades back and has now evolved into one of India’s leading manufacturers of cables and wires and allied products. In ...
The company has 25 manufacturing facilities across the states of Gujarat, Maharashtra and Uttarakhand and the union territory of Daman and Diu Polycab India announced a consolidated net profit of ...
Shares of select wires and cable companies including Polycab India, Havells India, RR Kabel and KEI Industries tumbled as much as 9 per cent during the trading session on Thursday after the Adani ...
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