{
Polycab India Limited

Companies

}
001122334455554433221100
001122334455554433221100

goldman sachs notes rising competition in cables and wires sector

Goldman Sachs has noted increased competition in the cables and wires sector, particularly following Ultratech Cement's entry. The firm downgraded Polycab to 'Neutral' with a target price of Rs 5,005 and KEI Industries to a target of Rs 3,130, while remaining optimistic about near-term demand and export potential. Analysts suggest Ultratech's aggressive pricing strategy could disrupt the market and negatively impact existing players' margins.
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UltraTech Cement Limited KEI Industries Limited Polycab India Limited IND Show more
Business & Industry, Market Report
04:38 17.03.2025

Indian markets decline as Tata Motors and Nestle India shine among gainers

Indian equity markets closed lower on January 3, with the Sensex dropping 720.60 points to 79,223.11 and the Nifty falling 184 points to 24,004.75. Tata Motors and Nestle India were the top gainers, while Zomato and HDFC Bank led the losses. Market sentiment remains cautious amid concerns over slowing growth and foreign fund outflows.
Financialexpress
Apollo Hospitals Enterprise Limited Godrej Properties Limited HDFC Bank Ltd Zomato Limited Nestlé India Limited Tata Motors FUT, January 2025, Yes Bank Limited SBI Life Insurance Company Limited Wipro Ltd CIPLA LTD CGN POWER Tech Mahindra Limited Aurobindo Pharma Limited Polycab India Limited KPIT Technologies Limited IND Prashanth Tapse Donald Trump Show more
Finance & Economy, Market Report
11:40 03.01.2025
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