Cables And Wires

UltraTech Cement will set up a Cables & Wires in Gujarat, with a capital expenditure of Rs 1,800 crore over next two years.

UltraTech’s Rs 1,800 crore cable & wires foray may rewire sector, squeeze rivals' margins

In case UltraTech chooses to be aggressive with pricing in the C&W foray, in order to corner greater market share, the move will negative impact the margins for the business, hurting the existing players.

Correction in Cables & Wires segment offers fresh entry opportunity, says Goldman Sachs

The growth prospects and return profile for the cables and wires segment will support premium valuations, said Goldman Sachs.

Capital goods turn corner, Jan IIP rebounds from Dec lows: StanC

The industrial output data in the month of January shows that there is a rebound from the contractions in the month of December. Capital goods output gave a positive surprise at 10.7 percent. According to analyst Anubhuti Sahay, the drag down in cables and wires has faded which has pushed the capital goods number on the higher side.

See no note ban pain in Q4, margins to improve: Havells CMD

Havells India CMD, Anil Rai Gupta, says the impact of demonetisation may not be seen in the fourth quarter. The electrical equipment manufacturer reported increased profit at 27.5 percent year-on-year in the quarter ended 2016.

Expect to grow in double digits; see margins at 14.5%: Havells

With a major focus on cost efficiencies and price management, they are confident of double-digit growth for the company going forward, said Anil Rai Gupta, CMD, Havells India