Date: 29 Nov 2023

Cables

Sector	Market Cap	No of Companies
Cables	149123.77	24

 

NetWorth	20886.62	TTM Sales	42448.02	TTM Sales Var (%)	16.11
Debt	5788.24	TTM OP	5030.30	TTM NP Var (%)	46.51
Capital Employed	27713.18	TTM OPM (%)	13.65	EV/TM Sales	3.51
Net Block	8177.46	TTM PATM (%)	7.80	EV/TTM EBITDA	30.49
Current Assets	23038.86	Debt / Equity	0.28	P/E	45.01
ROCE (%)	61.68	RONW (%)	15.86	P/B	7.14

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

TTM ended September 2023

	29 Nov 2023	31 Oct 2022	31 Oct 2021	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	149123.77	73517.24	62515.54	102.84	138.54
Total Marketcap	33471732.91	28126970.51	25945280.23	19	29.01
Sector's share	0.45	0.26	0.24	0.19	0.21
Sector No of companies	24	20	21	4	3
Total Listed companies	4449	4179	4067	270	382
Sector's share	0.54	0.48	0.52	0.06	0.02
Nifty 50	20096.6	19079.6	18758.35	5.33	7.13

 

Gainers
Company Name	29/11/2023	27/10/2023	Var%
Diamond Power	102.14	66.25	54.17
Delton Cables	236.40	154.00	53.51
Cybele Industrie	35.00	25.50	37.25
T N Telecom.	9.31	7.15	30.21
R R Kabel	1645.10	1346.30	22.19
Losers
Company Name	29/11/2023	27/10/2023	Var%
Plaza Wires	106.50	136.86	-22.18
Birla Cable	262.55	312.40	-15.96
Dynamic Cables	401.40	451.20	-11.04
Aksh Optifibre	10.16	10.50	-3.24
Universal Cables	501.05	502.25	-0.24

 

During the month of November 2023, Cables sector’s Marketcap increased 102.84% to Rs 149123.77 crore, compared to 19% rise in total listed marketcap to Rs 33471732.91 crore.

Sector’s share of total listed marketcap moved to 0.45% in November 2023 from 0.26% in October 2022 and 0.24% in October 2021.

In terms of price appreciation in the sector, there were 13 gainers and 5 losers in the month of Nov 2023. The gainers accounted for 54.17% of sector companies, losers accounted for 20.83% of sector companies, while 6% remained unchanged.

The top 3 gainers were Diamond Power (54.17% gain), Delton Cables (53.51% gain) and Cybele Industrie (37.25% gain).

The 3 losers at the bottom were Plaza Wires (-22.18% fall), Birla Cable (-15.96% fall) and Dynamic Cables (-11.04% fall).

During the month Finolex Cables Ltd, Universal Cables Ltd, Delton Cables Ltd, BWL Ltd, Tamil Nadu Telecommunications Ltd, Birla Cable Ltd, Diamond Power Infrastructure Ltd, G R Cables Ltd, Paramount Communications Ltd, Cybele Industries Ltd, Aksh Optifibre Ltd, SGN Telecoms Ltd, R R Kabel Ltd, Dynamic Cables Ltd, Relicab Cable Manufacturing Ltd, Godha Cabcon and Insulation Ltd and Plaza Wires Ltd announced their results. Of these Finolex Cables Ltd, Delton Cables Ltd, Paramount Communications Ltd, Cybele Industries Ltd, R R Kabel Ltd and Relicab Cable Manufacturing Ltd reported rise in net profit attributable to shareholders. Companies like Universal Cables Ltd, Birla Cable Ltd and Dynamic Cables Ltd reported fall in net profit attributable to shareholders.

Companies like Diamond Power Infrastructure Ltd reported loss to profit and BWL Ltd and Godha Cabcon and Insulation Ltd reported profit to loss.

R R Kabel 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, 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, Ultracab (India) Ltd, Relicab Cable Manufacturing Ltd, Jigar Cables Ltd, Godha Cabcon and Insulation Ltd, V-Marc India Ltd and Plaza Wires Ltd filed their shareholding patterns.

FIIs increased their shareholding in Paramount Communications Ltd from 0.53% to 7.61%, Polycab India Ltd from 9.64% to 12.40%, KEI Industries Ltd from 27.67% to 29.57%, Finolex Cables Ltd from 11.24% to 11.75% and Cords Cable Industries Ltd from 0.68% to 0.95%. FIIs reduced their shareholding in Birla Cable Ltd from 0.04% to 0.01%, Universal Cables Ltd from 0.35% to 0.31%, Dynamic Cables Ltd from 0.35% to 0.10%, Diamond Power Infrastructure Ltd from 0.77% to 0.04% and Sterlite Technologies Ltd from 7.16% to 5.45%.

DIIs increased their shareholding in Universal Cables Ltd from 0.74% to 1.48%. DIIs reduced their shareholding in Sterlite Technologies Ltd from 1.58% to 1.52%, Paramount Communications Ltd from 0.21% to 0.10%, Finolex Cables Ltd from 14.72% to 14.59%, Polycab India Ltd from 8.12% to 6.73%, KEI Industries Ltd from 17.93% to 16.11% and Diamond Power Infrastructure Ltd from 66.65% to 3.41%.

Promoters increased their shareholding in Diamond Power Infrastructure Ltd from 11.41% to 94.88%. Promoters reduced their shareholding in KEI Industries Ltd from 37.10% to 37.08%, Sterlite Technologies Ltd from 54.05% to 54.00%, Polycab India Ltd from 65.99% to 65.91%, Aksh Optifibre Ltd from 27.18% to 26.95%, Ultracab (India) Ltd from 62.12% to 59.69% and Paramount Communications Ltd from 62.69% to 53.51%.

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, 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, 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, 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, Vora Wires Inds. (India) Ltd, Lapp India Pvt Ltd, Chandresh Cables Ltd, Triveni Conductors Ltd, Radiant - R S C C Specialty Cable Pvt Ltd, Khandelwal Cables Ltd, Urjatech Pvt Ltd, Lincoln Electric Co. (India) Pvt Ltd and TCL Cables Pvt Ltd were updated in Capitaline.