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

As reported by Stocks-Markets-Economic Times
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.
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