Polycab India, KEI, R R Kabel Crash Over 20% After UltraTech’s Surprise ₹1,800 Cr Move!

Polycab, KEI, R R Kabel Crash Over 20% After UltraTech’s Surprise ₹1,800 Cr Move!

The Indian stock market witnessed a major shake-up as UltraTech Cement announced its bold entry into the cable and wire industry with a ₹1,800 crore investment. The move, which came as a shock to investors, led to a massive sell-off in top industry stocks, with Polycab India, KEI Industries, and R R Kabel plunging over … Read more