Tag

Cables & Wires

5 articles
Increased demand and strategic expansion are driving activity within the cables and wires sector. KEI Industries is significantly boosting production capacity with a ₹700 crore investment in Rajasthan, anticipating higher market demand and aiming for operations by late 2028. Simultaneously, Universal Cables and Birla Cable are rewarding shareholders with dividends and increasing borrowing limits, reflecting confidence in their financial positions. KEI Industries also reported a robust 40% year-over-year increase in Q1 FY26 net profit, suggesting strong underlying business momentum despite a recent income tax search, which the company believes will have no material financial impact.