
INVESTOR DHAVAL MODI
February 27, 2025 at 06:24 AM
🚨 UltraTech Disrupts Wires & Cables Market :
UltraTech Cement invests ₹1,800 Cr in a new cables plant (Bharuch, Gujarat), commissioning by Dec 2026.
Impact on Market Leaders:
🔻 Polycab -15%
🔻 KEI -18.4%
🔻 Havells -7.8% and others .
💡Takeaway: Rising competition could pressure margins & growth for existing players.