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The wires and cables industry has witnessed revenue CAGR of around 13 per cent between FY19 to FY24 powered by shift in market share from unorganised to the organised players. | Photo Credit ...

This acquisition, effective from March 1, values Kesoram at Rs 7,600 crore. UltraTech will also enter the wires and cables market with a Rs 1,800 crore investment. Kesoram's cement units will ...

Aditya Birla Group foray into the cable and wires (C&W) business through Ultratech, with an investment outlay of Rs 1,800 crore, is weighing on the share prices of the leading players in the industry.

The cable and wire stocks are in focus this morning. Stocks like Havells, KEI, Polycab and RR Kabel plunged as much as 13 percent intra-day on the news of entry of Ultratech in this segment.

The Aditya Birla Group's flagship company also said it will enter wires and cables segment with Rs 1,800-crore capex. As per scheme of arrangement, one share of UltraTech Cement will be issued for ...

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Feb 25 (Reuters) - UltraTech Cement (ULTC.NS), opens new tab, India's top cement maker by capacity, will spend 18 billion rupees ($206 million) to start up a wires and cables business, deepening ...

UltraTech Cement, India’s largest cement manufacturer, announced its foray into the wires and cables business with an initial capital expenditure of ₹1,800 crore over two years. The company ...

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Some Bullets (fans), content creators and media joined the intimate launch at the PHILFLEX Bay Center, Pasay City on Feb. 21. Guests enjoyed a variety of interactive booths, including a four-cut ...