Polycab Share Price Drops as UltraTech Cement Enters the Cables & Wires Market
The Indian cables and wires industry faced a shake-up after UltraTech Cement announced its entry into the segment. This move sparked concerns about intensified competition, pricing pressure, and changing market dynamics, leading to a sharp decline in the Polycab share price, along with KEI Industries, Havells India, and RR Kabel. UltraTech Cements Bold Entry into … Read more