The price of the poly cab share today suffered a sharp decline, which has decreased by 17.6 % and will be fixed at 4,751 per share.
According to Indian media reports, Ultratek Cement predicted it over the next two years to estimate it in the next two years that it had predicted an investment of Rs 1,800 crore.
At this steep reduction, the market quickly responded to the action of the Ultraitic Counting, which resulted in the sale of leading companies in the fields of cables and wires. Similarly, RR Kabil’s stock fell 14 %, which reached a record of 954 Naira.
Analysts believe that solid financial status and well -known brand of Ultratek may also be a significant threat to other companies operating in this sector. The expected rise in competition has raised concerns about the potential weakness of the market share for existing industry leaders and the pressure on prices.
Some financial experts are hopeful about the long -term capacity of Poly Cab India, despite the fluctuations in the current market. For example, Moti Lal Oswal has retained the ‘Buy’ rating on the Poli Cab, which has changed the target price, from 8,380 to $ 6,950. On February 25, the potential advantage of more than 20 % from the closing price of 5,758 is indicated by the revision, which is 40 times higher than expected income per share for the financial year 2027.
With the purpose of taking advantage of harmony in the construction material industry, the interior of ultimate wires and cables market is a strategic diversity for cement giant. Stakeholders will be careful about how business -established businesses like the polybab respond to the obstacles to these novels and what tactics they use to stop their market positions.
