Copper hits record high, UltraTech’s Ultravolt on the offensive: A double whammy for cable makers in FY27?

Copper prices have soared to unprecedented levels, creating ripple effects on manufacturing expenses worldwide. UltraTech’s Ultravolt is making bold strides into the Indian wires and cables sector, creating a competitive landscape for established manufacturers in fiscal year 2027. As a response to escalating input costs, companies are enacting price hikes, raising investor apprehensions about increased competition and dwindling profit margins.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.