Shares of Polycab India, the largest manufacturer of cables and wires in India, experienced a sharp 17.6% decline on February 27, following an unexpected announcement from UltraTech Cement. The news of UltraTech’s entry into the cables and wires (C&W) segment caught investors off guard, sparking a wave of concerns about the potential disruption this new … Read more
After shaking up India’s paints industry with its bold pricing strategies, the Aditya Birla Group is now shifting its focus to another major industry – the ₹82,000 crore wires and cables market. This time, the company is leveraging UltraTech Cement Ltd., its flagship brand in the cement sector, to make its move. With an aggressive … Read more
Shares of the Indian Renewable Energy Development Agency (IREDA) saw a notable decline of over 8 percent during intra-day trading on Friday, February 28. This drop occurred as the company’s stock began trading in the Futures & Options (F&O) segment with the commencement of the March series. The sharp decline followed a 4 percent drop … Read more
UltraTech Cement, India’s largest cement manufacturer, is a key player in the country’s growing infrastructure and real estate sectors. With strong expansion plans, advanced technology, and a focus on sustainability, the company is well-positioned for future growth. Investors are closely watching its share price target, considering factors like demand for cement, cost management, and economic … Read more
IRCON International Limited is a leading infrastructure and railway construction company with a strong presence in India and abroad. Backed by government support and a growing order book, the company has great potential for future growth. Investors are keenly watching its share price target as IRCON expands its projects in railways, highways, and metro systems. … Read more