RR Kabel, KEI, Polycab extend losses; Citi warns of greater disruption to cables than wires - CNBC TV18

•RR Kabel shares fell 3.39% to ₹2,368, KEI Industries declined 3.31% to ₹4,689.50, and Polycab India traded 1.27% lower at ₹8,194.50 on Monday.

•Over the past week, RR Kabel dropped 19%, KEI Industries shed 15%, and Polycab India fell 10%.

•Citi warns of greater disruption to wires than cables due to UltraTech's entry, citing RR Kabel and Havells' higher wire exposure.

•UltraTech's entry could cumulatively generate ₹17,000 crore in revenue by FY29, translating into 11-12% of the total market share.