Polycab India remains a formidable force in the cables and wires (C&W) segment, despite increasing industry competition.

Polycab India, Havells, RR Kabel, KEI Industries were among major losers as UltraTech Cement announced its entry in the wires & cables (W&C) market with planned investment of Rs 1,800 crore

UltraTech Cement, a flagship company of the Aditya Birla Group, has cemented its place as India’s largest producer.

Geojit Financial Services has raised its recommendation for UltraTech Cement from HOLD to BUY with a revised target price of Rs12,320, expecting a 10% upside over the current market price of Rs11,1

Prabhudas Lilladher has reaffirmed its Accumulate recommendation for Ultratech Cement with a revised target price of Rs 12,401.

Market expert Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session.