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Equirus says UltraTech cables entry has eased early nervousness

Equirus’ Manoj Gori said the market has moved past initial nervousness over UltraTechCement’s entry into wires and cables, citing very strong overall volume growth for the segment.

ULTRACEMCO

Manoj Gori, Associate Director - Equities at Equirus Securities, said the market has moved past its initial nervousness over UltraTechCement's entry into the wires and cables business. "This overall volume growth for the segment has been very strong for the overall wire and cable space," he said.Ri…