Birla pulls wire, shock pulses through stocks. What's ahead?
- Posted on February 27, 2025
- By Business News Today
- 7 Views
Birla pulls wire, shock pulses through stocks. What's ahead?
UltraTech Cement is entering India's wires and cables sector with a Rs 1,800 crore investment. The move is aimed at strengthening its position as a comprehensive building solutions provider. This entry may cause margin pressure for existing players due to UltraTech's deep pockets and potential competitive pricing.
