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Polycab, KEI Industries, Havells May Face Tough Times Ahead, Say Brokerages
Investec has downgraded its valuation for Havells and V-Guard, while Jefferies has cut target price for Polycab and KEI Industries.
03 Mar 2025, 11:20 AM IST 
Shares of Polycab, Havells, V-Guard and KEI Industries all fell on Monday, extending declines. (Image source: DART report)
The cables and wires sector, a crucial segment of the electrical industry, is facing some challenging times ahead. While these companies have historically performed well, the future could bring slower growth and margin erosion, according to analysts.UltraTech Cements Ltd., a major player in the cement sector, plans to enter the market, initially focusing on domestic wires. Its extensive distribution network and strong contractor rela...
