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DOMESTIC DEMAND FOR CABLES AND WIRES
Birla built India with cement, now it wants to wire up what powers it with a ₹1,800 crore betIn an ambitious move, Aditya Birla Group has unveiled Ultravolt, a new enterprise dedicated to wires and cables. The company seeks to estab...- Kumar Mangalam Birla sees room to build a ‘new large challenger’ in India’s Rs 90,000-crore wires and cables market with new ‘Ultravolt’Aditya Birla Group has launched its Ultravolt wires and cables business with a significant investment. The company aims to become a top two...
- Aditya Birla Group launches Ultravolt with Rs 1,800 crore bet, debuts as India’s No. 2 wires player by capacityAditya Birla Group launched its Ultravolt wires and cables business with a significant investment. This new venture aims to become a top pl...
- In 1996, Columbia reeled out a satellite on a 19.7-km conducting tether; the line snapped after nearly 5 hours of data, but the system reached about 3,700 voltsThe Space Shuttle Columbia embarked on an innovative mission, aiming to generate electricity through a tethered satellite system employing ...
- Lumino Industries shares soar 40% from IPO price after strong market debut. Should you buy or wait?Lumino Industries shares extended their strong debut gains, rising another 4% after listing at a 34% premium to the IPO price. While analys...
- Lumino Industries shares list at 34% premium over IPO priceThe Rs 700-crore IPO was offered in a price band of Rs 78–Rs 82 per share. The issue comprised a fresh issue of Rs 500 crore, involving 6.1...
- Hero MotoCorp, M&M, other auto stocks drop up to 5% despite strong August sales numbers. Should you buy the dip?Despite strong August sales data reflecting robust demand for passenger vehicles, auto stocks faced a notable drop. Maruti Suzuki and Tata ...
- HFCL bags Rs 2,329 cr optical fibre cable export orderHFCL has secured a significant export order valued at USD 244 million. This agreement is for supplying high-quality optical fibre cables to...
- Modi govt giving people high-voltage inflation shock, misleading via statistical jugglery: CongressCongress party has strongly criticised the Modi government, alleging that rising prices are putting pressure on ordinary citizens while acc...
- Lumino Industries IPO Day 3: GMP jumps to 74%,subscription hits 118 timesLumino Industries IPO received strong investor participation on its final bidding day. The issue saw significant oversubscription across al...
- Nifty mega caps are going nowhere. Why Samco CIO Umesh Mehta put 75% of his Flexicap fund beyond largecapsMutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum sh...
- Lumino Industries IPO Day 2: GMP signals 68% listing gains, issue booked nearly 5 times. Should you subscribe?Lumino Industries’ Rs 700 crore IPO is drawing strong investor interest, with the issue subscribed 4.87 times on Day 2 and the grey market ...
- These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analystsEven if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex r...
- BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upsideBofA expects India's wires and cables industry to grow at a 14% compound annual rate between FY26 and FY29, supported by spending on infras...
- Hindalco Industries expands specialty Alumina portfolioHindalco Industries commissioned a new facility for specialty alumina in Belagavi. This new plant will produce flame-retardant products for...
- During construction of the Golden Gate Bridge, engineers used aerial cable spinning, completing the main cables in six months and nine days before the bridge opened in 1937In 1935, crews expertly spun thousands of wires over the Golden Gate Strait, fashioning the iconic bridge's main cables in an astonishing t...
- Hindalco commissions India’s first Superfine PPT ATH plant in KarnatakaHindalco Industries has commissioned India's first Superfine PPT ATH manufacturing plant. This new facility at Belagavi will meet domestic ...
- Lumino Industries IPO opens with GMP signalling 61% listing gains. Should you bid?Of the total Rs 700 crore issue, Rs 500 crore will come through a fresh issue of 6.10 crore shares, while the remaining Rs 200 crore will b...
- Can Lumino Industries IPO deliver long-term growth for high-risk investors?Lumino Industries plans a ₹700 crore initial public offering to reduce debt and boost manufacturing capacity. The company expects to benefi...
- Q1 earnings show resilience, but downside risks still loom. HSBC explains whyIndian companies delivered better-than-expected Q1FY27 earnings, with around 70% of firms meeting or beating HSBC’s estimates. Mid- and sma...
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