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The Economic Times

Markets / The Economic Times

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Cable & wire stocks fall up to 17% in March on metal price spike

Cable and wire company shares have seen a decline. This is due to a sudden increase in copper and aluminium prices. Investors are reacting to rising input costs. Demand remains steady. Sterlite Technologies is an outlier as it manufactures optical fibre cables. Other companies face higher production costs. Dispatches are slowing as dealers wait for prices to cool.

18 Mar 2026 5:44 am