Should shareholders of Havells, KEI, Polycab, RR Kabel & Finolex sweat because Aditya Birla Group is getting into their business?
First it was the paint industry, and this week it was the turn of stocks of the wires & cable sector to suffer cuts because ...
The Financial Express15d
Ultratech’s cables & wires entry triggers price target cuts by Motilal Oswal; See who got the biggest cut
Motilal Oswal has cut the target price for Polycab, KEI, RR Kabel on concerns about value erosion. However, they believe the ...
Polycab, RR Kabel, Finolex, KEI Industries, Havells: How UltraTech short circuited cable stocks
UltraTech Cement to invest ₹1,800 crore in cables and wires segment, impacting market value of cable companies.
Polycab, Havells, KEI Industries: Cable stocks crash up to 14% as Ultratech forays into segment
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 ...
This smallcap proxy stock is well insulated from UltraTech's shock to the cables & wire industry
While leading wire and cable companies deal with Ultratech's entry shock, here is a smallcap proxy play for your watchlist to ...