Indian Wires and Cables Stocks in 2025: A High-Voltage Ride Amid Growth and Gloom
Indian Wires and Cables Stocks in 2025: A High-Voltage Ride Amid Growth and Gloom February 28, 2025 The Indian wires and cables sector has long been a quiet powerhouse, fueling the nation’s infrastructure boom and electrification dreams. But as we hit the end of February 2025, this industry’s stocks are sparking headlines for all the right—and wrong—reasons. From jaw-dropping rallies to sudden crashes, the market’s buzzing with opportunity and uncertainty. Let’s plug into the latest news, unpack the trends, and see what’s powering (or short-circuiting) these stocks in 2025. News Flash: A Sector Shocked by Competition Just yesterday, February 27, 2025, the wires and cables space took a brutal hit. Stocks like Polycab India (down 19%), KEI Industries (down 20%), and Havells India (down 6%) slammed into lower circuits, per posts on X and CNBC-TV18 . The trigger? Ultratech Cement, a Birla Group giant, announced a Rs 1,800 crore foray into the cables and wires game. Investors freake...