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Jefferies cuts KEI Industries target price by 11%. Will UltraTech’s entry put the company at risk?Jefferies has cut its target price for KEI Industries by 11% to Rs 6,150, citing concerns over UltraTech Cement’s entry into wires and cabl...- Copper hits record high, UltraTech’s Ultravolt on the offensive: A double whammy for cable makers in FY27?Copper prices have soared to unprecedented levels, creating ripple effects on manufacturing expenses worldwide. UltraTech's Ultravolt is ma...
- Ultravolt launch sparks sell-off in wire stocks; high-voltage players insulatedThe wire and cable industry faced stock declines amidst rumors of Ultravolt’s impending market entry. The Aditya Birla Group's initiative a...
- Wires on fire: Why UltraTech’s Rs 1,800 crore Ultravolt bet wiped out Rs 21,500 crore in 2 daysUltraTech’s entry into wires and cables triggered a sharp selloff in listed peers as investors assess the impact of intensified competition...
- Nifty could fall to 23,260 if it fails to reclaim 24,215: Anand JamesJames said 23,800 remains a firm near-term support, but any recovery will need to push the Nifty above 24,215 for the market structure to t...
- BSE, Groww, Angel One shares rally up to 8% after Sebi’s CAS circular. What did the regulator say?Sebi plans to review the methodology for setting derivative settlement prices on expiry after market participants raised concerns over the ...
- Polycab, KEI Industries shares crash up to 9% after UltraTech Cement enters wires & cables business. What Jefferies, Nuvama expectShares of Polycab and KEI Industries fell sharply after UltraTech Cement launched its ₹1,800 crore wires and cables business, Ultravolt. Br...
- Adani enters cables, wires biz through new JV; sends shocks through Polycab, R R Kabel stocksAdani Enterprises has launched a new joint venture, Praneetha Ecocables Limited, through Kutch Copper Limited. This has impacted the stocks...
- Polycab, Havells shares slide up to 13%% on Adani Group’s foray into cables & wires bizPolycab Share Price: Polycab India, Havells India, and other W&C players dropped sharply after Adani Enterprises announced a joint venture ...
- Stock market update: Stocks that hit 52-week lows on NSE in today's tradeIndusInd Bank, Bajaj Finance, Trent, Shriram Finance and UltraTech Cem. were among the top losers on NSE in today's trade.
- Havells poised to weather UltraTech's entry into cables business with diversified portfolioHavells India's diversified business approach is expected to help mitigate the impact of UltraTech Cement's entry into the cables market. O...
- Polycab India shares rise 3% after selloff as investors reassess UltraTech threatPolycab India share price: The recovery followed a sharp selloff on Thursday, triggered by HSBC cutting target prices for major wires and c...
- 21% Ka Jhatka: UltraTech entry jolts cable & wire companies, profits on the lineIndia's largest cement company has plans to invest ₹1,800 crore over the next two years, and the plant is expected to be commissioned by De...
- HSBC slashes targets for 4 stocks after UltraTech’s entry in wires and cables. Time to cut losses?HSBC slashed target prices for top Indian wires and cables firms by up to 23%, citing competitive risks from UltraTech Cement’s unexpected ...
- Birla pulls wire, shock pulses through stocks. What's ahead?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...
- Share market update: Most active stocks of the day in terms of traded valueThe NSE Nifty index closed 2.5 points down at 22545.05
- Polycab, KEI, Havells shares short-circuited. Is this Birla’s next paint-style disruption?UltraTech Cement’s unexpected investment in the wires and cables sector with a ₹1,800 crore capex plan has caused shares of major players l...
- Wired for a shock: Polycab, KEI, Havells shares crash up to 20% on UltraTech entryPolycab share price: Shares of wires and cables manufacturers plunged as UltraTech Cement announced its foray into the industry. Polycab In...
- Share market update: Most active stocks of the day in terms of total traded valueThe NSE Nifty index was trading 6.4 points down at 22541.15
- Stocks to buy today: Motilal Oswal sees 19-20% upside in KEI Industries & Ipca LaboratorieMotilal Oswal recommends buying KEI Industries and Ipca Laboratories due to strong growth projections and strategic expansion. KEI shows 19...
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