Sector Trends     30-Sep-23
Sector
Cables

Date: 29 Sep 2023

Cables

Sector

Market Cap

No of Companies

Cables

149957.29

25

 

NetWorth

18251.21

TTM Sales

38640.71

TTM Sales Var (%)

15.13

Debt

5719.16

TTM OP

4498.27

TTM NP Var (%)

37.33

Capital Employed

24948.54

TTM OPM (%)

13.29

EV/TM Sales

3.88

Net Block

7811.60

TTM PATM (%)

7.40

EV/TTM EBITDA

34.23

Current Assets

20639.44

Debt / Equity

0.31

P/E

52.43

ROCE (%)

56.42

RONW (%)

15.67

P/B

8.22

The above figures are in Rs. Crores as of 29 Sep 2023

TTM ended June 2023

29 Sep 2023

31 Aug 2022

31 Aug 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

149957.29 67136.59 58173.21 123.36 157.78

Total Marketcap

32073208.11 28153731.53 26224238.3 13.92 22.3

Sector's share

0.47 0.24 0.22 0.23 0.25

Sector No of companies

25 22 23 3 2

Total Listed companies

4410 4144 4017 266 393

Sector's share

0.57 0.53 0.57 0.04 0

Nifty 50

19638.3 19253.8 17094.35 2 14.88

 

Gainers

Company Name
29/09/2023
29/08/2023
Var%
SGN Telecoms 0.86 0.59 45.76
B.C. Power 4.49 3.93 14.25
Birla Cable 336.30 295.30 13.88
Cords Cable 102.69 92.00 11.62
Ultracab India 15.88 14.61 8.69

Losers

Company Name
29/09/2023
29/08/2023
Var%
Dynamic Cables 452.20 476.30 -5.06
T N Telecom. 7.90 8.25 -4.24
Relicab Cable 90.27 92.77 -2.69
Cybele Industrie 23.42 23.50 -0.34

 

During the month of September 2023, Cables sector’s Marketcap increased 123.36% to Rs 149957.29 crore, compared to 13.92% rise in total listed marketcap to Rs 32073208.11 crore.

Sector’s share of total listed marketcap moved to 0.47% in September 2023 from 0.24% in August 2022 and 0.22% in August 2021.


In terms of price appreciation in the sector, there were 14 gainers and 4 losers in the month of Sep 2023. The gainers accounted for 56.00% of sector companies, losers accounted for 16.00% of sector companies, while 7% remained unchanged.

The top 3 gainers were SGN Telecoms (45.76% gain), B.C. Power (14.25% gain) and Birla Cable (13.88% gain).

The 3 losers at the bottom were Dynamic Cables (-5.06% fall), T N Telecom. (-4.24% fall) and Relicab Cable (-2.69% fall).

Birla Cable Ltd, Finolex Cables Ltd and Universal Cables Ltd became ex-dividend.

During the month Finolex Cables Ltd, Universal Cables Ltd, Delton Cables Ltd, BWL Ltd, Tamil Nadu Telecommunications Ltd, CMI Ltd, Birla Cable Ltd, Diamond Power Infrastructure Ltd, G R Cables Ltd, KEI Industries Ltd, Paramount Communications Ltd, Cybele Industries Ltd, Hindusthan Urban Infrastructure Ltd, Aksh Optifibre Ltd, SGN Telecoms Ltd, Sterlite Technologies Ltd, Polycab India Ltd, Cords Cable Industries Ltd, R R Kabel Ltd, Marco Cables & Conductors Ltd, Dynamic Cables Ltd, B.C. Power Controls Ltd, Ultracab (India) Ltd, Relicab Cable Manufacturing Ltd, Jigar Cables Ltd, Godha Cabcon and Insulation Ltd and V-Marc India Ltd filed their shareholding patterns.

FIIs increased their shareholding in Finolex Cables Ltd from 8.87% to 11.24%, Cords Cable Industries Ltd from 0.00% to 0.68%, KEI Industries Ltd from 27.36% to 27.67%, Dynamic Cables Ltd from 0.10% to 0.35% and Birla Cable Ltd from 0.00% to 0.04%. FIIs reduced their shareholding in Paramount Communications Ltd from 0.89% to 0.86%, Polycab India Ltd from 9.77% to 9.64% and Sterlite Technologies Ltd from 8.00% to 7.16%.

DIIs increased their shareholding in Polycab India Ltd from 7.78% to 8.12% and KEI Industries Ltd from 17.87% to 17.93%. DIIs reduced their shareholding in Universal Cables Ltd from 0.75% to 0.74%, Sterlite Technologies Ltd from 1.74% to 1.58% and Finolex Cables Ltd from 16.34% to 14.72%.

Promoters reduced their shareholding in Delton Cables Ltd from 73.61% to 73.58%, KEI Industries Ltd from 37.21% to 37.10%, Polycab India Ltd from 66.20% to 65.99%, B.C. Power Controls Ltd from 24.74% to 24.06%, Aksh Optifibre Ltd from 27.95% to 27.18% and Godha Cabcon and Insulation Ltd from 34.44% to 11.48%.

During the month Annual reports of Finolex Cables Ltd, Universal Cables Ltd, Delton Cables Ltd, Cable Corporation of India Ltd, BWL Ltd, Tamil Nadu Telecommunications Ltd, Industrial Cables (I) Ltd, Yamuna Power & Infrastructure Ltd, CMI Ltd, Birla Cable Ltd, Diamond Power Infrastructure Ltd, G R Cables Ltd, KEI Industries Ltd, Paramount Communications Ltd, Cybele Industries Ltd, Golkonda Engineering Enterprises Ltd, Hindusthan Urban Infrastructure Ltd, Aksh Optifibre Ltd, SGN Telecoms Ltd, Hindustan Cables Ltd, Hindustan Wire Products Ltd, Arrow Cables Ltd, Sterlite Technologies Ltd, UM Cables Ltd, Bharat Insulation Co. (India) Ltd, Ravin Cables Ltd, Smita Conductors Ltd, Polycab India Ltd, Paramount Wires & Cables Ltd, U P Telelinks Ltd, Surya Wires Pvt Ltd, NE Cables Ltd, Cords Cable Industries Ltd, Anvil Cables Pvt Ltd, Shashi Cables Ltd, R R Kabel Ltd, Beico Industries Pvt Ltd, Oswal Cables Pvt Ltd, Marco Cables & Conductors Ltd, Gupta Power Infrastructure Ltd, Thermo Cables Ltd, Dynamic Cables Ltd, Kothari Metsol Pvt Ltd, Sbee Cables India Ltd, Associated Cables Pvt Ltd, LS Cables India Pvt Ltd, B.C. Power Controls Ltd, Ultracab (India) Ltd, Pawan Power & Telecom Ltd, Monga Brothers Ltd, Finolex J-Power Systems Ltd, H D Wires Pvt Ltd, Relicab Cable Manufacturing Ltd, Polycab Premiers Pvt Ltd, Spaceage Switchgears Ltd, Geba Cables & Wires India Pvt Ltd, Jigar Cables Ltd, Godha Cabcon and Insulation Ltd, Laser Power & Infra Pvt Ltd, Manoj Cables Ltd, N C Cables Ltd, Premier Cables & Conductors Pvt Ltd, Birla Furukawa Fibre Optics Pvt Ltd, Corning Technologies India Pvt Ltd, V-Marc India Ltd, Kent Cables Pvt Ltd, Plaza Wires Ltd, Vishal Cables Pvt Ltd, Mew Electricals Ltd, Ravicab Cables Pvt Ltd, Lapp India Pvt Ltd, Radiant - R S C C Specialty Cable Pvt Ltd, Lincoln Electric Co. (India) Pvt Ltd and TCL Cables Pvt Ltd were updated in Capitaline.

 

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