Polycab Share Price: Stocks of leading cable and wire manufacturers—Polycab, KEI Industries, and Havells—plunged on March 20 after the announcement of a new player’s entry into the segment.

According to JM Financial, Polycab commands a market share of 20 per cent followed by KEI (12 per cent), Havells (8 per cent) and KEC (6 per cent) in the cables segment. In the wire segment ...