It started with good intentions, of course. I kept power cords, connection cords, extra lengths of coaxial cable, cubes…because, you know, you might need them. Could be really important. Right?

Last month tech giant Meta announced plans to build the world’s longest submarine communication cable. Known as Project Waterworth, the 50,000-kilometre cable would link five continents.

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Now, UltraTech is making a ₹1,800 crore push into wires and cables—raising questions about competition, margins, and its broader expansion strategy. But unlike paints, where Grasim’s Birla ...

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 Cement is entering India's wires and cables sector with a Rs 1,800 cr investment. The move is aimed at strengthening its position as a comprehensive building solutions provider. This entry ...

Wires and Cable stocks like Polycab Ltd., Havells India Ltd., KEI Industries Ltd., RR Kabel Ltd. and Finolex Cables Ltd. fell up to 21% on Thursday, February 27. The fall came after India's largest ...

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 ...

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The cable and wire stocks are in focus this morning. Stocks like Havells, KEI, Polycab and RR Kabel plunged as much as 13 percent intra-day on the news of entry of Ultratech in this segment.

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 ...