Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.
In the past one month, the stock price of Apar Industries soared 34 per cent, as compared to 1 per cent rise in the BSE Sensex.
At current price, company is trading at a steep 47 times its FY27 earnings
In the past one month, the stock price of RR Kabel surged 21 per cent, as against 2.5 per cent rise in the BSE Sensex.
Thus far in the calendar year 2026, Apar Industries has outperformed the market by surging 67 per cent, as compared to 13.4 per cent fall in the BSE Sensex.
Infrastructure development, housing growth, electrification and the ongoing shift towards organized and compliant products continue to support the demand, said RR Kabel.
After completing the Sanand project and the strong demand in domestic and overseas markets, the KEI management is hopeful to grow more than 20% CAGR in next 3 to 4 years.
Polycab India share price today: On the bourses, Polycab share price rose up to 3.56 per cent to an intraday high of ₹7,385 per share.
Considering change in mix analysts at YES Securities expect R R Kabel's margins to start inching up in the wires and cables segment and increased capacity to drive volume growth.
The brokerage has reiterated 'Buy' on Polycab India (target ₹9,110) and KEI Industries (target ₹4,960) and a 'Neutral' rating on Havells India (target ₹1,640) and R R Kabel (target ₹ 1,470)
Around 12 noon, Dynamic Cables shares were trading 5.58 per cent higher at ₹348.95 per share. By comparison, BSE Sensex was trading flat at 85,682.74 levels.
At 1:00 PM, JD Cables share price was trading 1.77 per cent higher at ₹155.50 per share. By comparison, BSE Sensex was trading 0.63 per cent lower at 81,805.20 levels.
Looking ahead, the management sees strong tailwinds from infrastructure spending, improving private sector investment, and momentum in the real estate sector.
Rising trend of energy consumption coupled with ongoing urbanisation and robust expansion of data centres and electric vehicles (EVs), the future growth trajectory of the C&W sector looks promising
Advait Energy Transitions share price hit a nine-month high of ₹2,146 today, rising 11 per cent on the BSE in Friday's in the intraday trade amid heavy volumes in
RPG Group firm and a global infrastructure major KEC International has secured orders worth Rs 2,211 crore across various businesses. According to a company statement, the Transmission & Distribution (T&D) business has secured orders in the Middle East and Americas. This entails design, supply and installation of 380 kV Overhead Transmission Lines in the Kingdom of Saudi Arabia (KSA) as well as supply of towers, hardware and poles in the Americas. The Oil & Gas Pipelines business has secured its second international order for terminal station works in Africa in addition to its ongoing pipeline laying project in the region. The Cables business has secured orders for supply of various types of cables in India and overseas. "The large order wins in Saudi Arabia have further strengthened our international T&D order book. These wins reaffirm the Middle East and North Africa (MENA) region's strategic importance as a key growth driver for us. "Our subsidiary, SAE Towers has ..
Shares of Dynamic Cables hit a 3-month high at ₹897.20 on the BSE in Tuesday's intraday trade after the company said it will consider a proposal to issue bonus shares on May 30.
Dynamic Cables share price has soared 37 per cent after it reported a strong set of earnings for the quarter ended March 2025 (Q4FY25)
Thousands of rail passengers in Spain were hit with delays after the cable used in the signalling system of the high-speed line between Madrid and Seville was stolen at four locations, Spanish rail authorities said Monday. The theft, which happened late Sunday, affected dozens of trains travelling between Madrid and Andaluca, just as many people were returning home to the capital after a holiday weekend. On Monday, Spain's state-owned rail operator Renfe told passengers with trains departing Madrid's Atocha station before 8 am to not arrive early to avoid crowding. The cable theft took place at four points on the high-speed line in Toledo in central Spain, Spain's railway infrastructure company ADIF said on X. The incident came a week after a massive power outage in Spain and Portugal ground high-speed train traffic to a halt, stranding thousands of train passengers.
The uptick in the wires company share price came after it executed an agreement with BSNL worth about Rs 3,003 crore