polycab share
It's important to keep in mind that stock market news is highly dynamic. Here's a summary of recent developments concerning Polycab India's shares, based on available information: Key Developments: * Impact of UltraTech's Entry: * A significant factor affecting Polycab's share price has been the announcement that UltraTech Cement is entering the wires and cables (W&C) segment. This news has led to a notable downturn in the share prices of Polycab and other companies in the same sector, including KEI Industries, Havells India, and RR Kabel. * The market's reaction reflects concerns that UltraTech's entry could intensify competition and potentially impact the profit margins of existing W&C companies. * Reports show that there was a very significant drop in the pollycab share price, along with the other companies in the same sector. * Market Reactions: * Reports indicate substantial drops in Polycab's share value...