Polycab, KEI plunge 5% as UltraTech enters cable market with Rs 1,800 crore bet
- Posted on September 4, 2026
- By Financial Express
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- 1 min read
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Polycab, KEI plunge 5% as UltraTech enters cable market with Rs 1,800 crore bet
UltraTech’s aggressive entry into wires and cables has rattled established players Polycab and KEI, putting the spotlight on a new growth bet that Jefferies believes could become a meaningful earnings stream.
