Date: 29 Dec 2023

Cables

Sector	Market Cap	No of Companies
Cables	160224	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	3.77
Net Block	8177.46	TTM PATM (%)	7.80	EV/TTM EBITDA	32.69
Current Assets	23038.86	Debt / Equity	0.28	P/E	48.36
ROCE (%)	61.68	RONW (%)	15.86	P/B	7.67

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

TTM ended September 2023

	29 Dec 2023	30 Nov 2022	30 Nov 2021	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	160224	70799.69	66458.43	126.31	141.09
Total Marketcap	36621601.69	29126959.18	26743685.54	25.73	36.94
Sector's share	0.44	0.24	0.25	0.2	0.19
Sector No of companies	24	19	21	5	3
Total Listed companies	4507	4206	4115	301	392
Sector's share	0.53	0.45	0.51	0.08	0.02
Nifty 50	21731.4	20133.15	18105.3	7.94	20.03

 

Gainers
Company Name	29/12/2023	29/11/2023	Var%
Diamond Power	154.10	102.14	50.87
Paramount Comm.	88.15	65.87	33.82
Ultracab India	27.20	21.51	26.45
Aksh Optifibre	12.09	10.16	19.00
Cybele Industrie	41.16	35.00	17.60
Losers
Company Name	29/12/2023	29/11/2023	Var%
Sterlite Tech.	142.90	152.00	-5.99
Plaza Wires	100.30	106.50	-5.82
R R Kabel	1573.55	1645.10	-4.35
T N Telecom.	9.03	9.31	-3.01
Cords Cable	113.10	113.30	-0.18

 

During the month of December 2023, Cables sector’s Marketcap increased 126.31% to Rs 160224 crore, compared to 25.73% rise in total listed marketcap to Rs 36621601.69 crore.

Sector’s share of total listed marketcap moved to 0.44% in December 2023 from 0.24% in November 2022 and 0.25% in November 2021.

In terms of price appreciation in the sector, there were 13 gainers and 5 losers in the month of Dec 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 (50.87% gain), Paramount Comm. (33.82% gain) and Ultracab India (26.45% gain).

The 3 losers at the bottom were Sterlite Tech. (-5.99% fall), Plaza Wires (-5.82% fall) and R R Kabel (-4.35% fall).

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 0.51% 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% 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 0.20% to 0.10%, Finolex Cables Ltd from 14.72% to 14.59%, Polycab India Ltd from 8.12% to 6.73% and KEI Industries Ltd from 17.93% to 16.11%.

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 61.09% 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.