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
Prabhudas Lilladher has issued a BUY rating on R R Kabel, setting a target price of Rs 2,151, indicating a potential upside of over 40% from the current market price of Rs 1,505.