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Clear AllUltraTech Cement's entry into the wires and cables sector caused its shares and those of competitors to drop.
28-Feb-2025•Dheeraj Kumar
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UltraTech Cement Ventures into Cables and Wires UltraTech Cement, India's largest cement producer, has announced its entry into the wires and cables sector, impacting the stock market. The company's ₹1,800 crore investment in a new Gujarat plant has sparked market reactions. Impact on the Market UltraTech Cement's shares fell nearly 5% after the news, closing at around ₹10,450. This move also impacted other players in the cables and wires s
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