business
Why these 3 cable stocks may have less to fear from Aditya Birla’s big-bang entry
Ultravolt’s ₹1,800 crore entry rattled cable stocks, but the impact varies by business mix. Here’s why some cable makers face less immediate competitive overlap.
The reaction was understandable. Investors had already seen what happened when the Aditya Birla Group entered another crowded consumer market with Birla Opus. The concern this time is similar: a deep-pocketed conglomerate entering an established indu... [9241 chars]
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