Adani Group’s Big Announcement Shakes Cable Companies, Shares Drop by Up to 10%
The shares of cable and wire companies plunged by up to 10% on Thursday after the Adani Group announced its entry into the cables and wires industry. This marks the second major setback for the sector in recent months, following the Birla Group’s announcement of entering the segment through UltraTech Cement. Cable and Wire Companies … Read more