Sector Trends     31-Aug-23
Sector
Cables

Date: 30 Aug 2023

Cables

Sector

Market Cap

No of Companies

Cables

129355.66

22

 

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

3.35

Net Block

7811.60

TTM PATM (%)

7.40

EV/TTM EBITDA

29.65

Current Assets

20639.44

Debt / Equity

0.31

P/E

45.22

ROCE (%)

56.42

RONW (%)

15.67

P/B

7.09

The above figures are in Rs. Crores as of 30 Aug 2023

TTM ended June 2023

30 Aug 2023

31 Jul 2022

31 Jul 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

129355.66 60745.3 56757.28 112.95 127.91

Total Marketcap

31177469.34 26775436.18 25227672.24 16.44 23.58

Sector's share

0.41 0.23 0.22 0.18 0.19

Sector No of companies

22 22 22 0 0

Total Listed companies

4371 4101 4036 270 335

Sector's share

0.5 0.54 0.55 -0.04 -0.05

Nifty 50

19347.45 19753.8 17759.3 -2.06 8.94

 

Gainers

Company Name
30/08/2023
28/07/2023
Var%
Birla Cable 298.80 186.70 60.04
Paramount Comm. 57.64 37.79 52.53
T N Telecom. 8.66 6.32 37.03
Aksh Optifibre 11.30 9.82 15.07
Sterlite Tech. 165.90 149.45 11.01

Losers

Company Name
30/08/2023
28/07/2023
Var%
Hind.Urban Infra 2258.80 2500.00 -9.65
Cords Cable 91.15 93.23 -2.23
SGN Telecoms 0.61 0.62 -1.61
Delton Cables 116.10 117.70 -1.36

 

During the month of August 2023, Cables sector’s Marketcap increased 112.95% to Rs 129355.66 crore, compared to 16.44% rise in total listed marketcap to Rs 31177469.34 crore.

Sector’s share of total listed marketcap moved to 0.41% in August 2023 from 0.23% in July 2022 and 0.22% in July 2021.


In terms of price appreciation in the sector, there were 13 gainers and 4 losers in the month of Aug 2023. The gainers accounted for 59.09% of sector companies, losers accounted for 18.18% of sector companies, while 5% remained unchanged.

The top 3 gainers were Birla Cable (60.04% gain), Paramount Comm. (52.53% gain) and T N Telecom. (37.03% gain).

The 3 losers at the bottom were Hind.Urban Infra (-9.65% fall), Cords Cable (-2.23% fall) and SGN Telecoms (-1.61% fall).

During the month Finolex Cables Ltd, Universal Cables Ltd, Delton Cables Ltd, BWL Ltd, Tamil Nadu Telecommunications Ltd, Birla Cable Ltd, G R Cables Ltd, Paramount Communications Ltd, Cybele Industries Ltd, Hindusthan Urban Infrastructure Ltd, SGN Telecoms Ltd, B.C. Power Controls Ltd, Ultracab (India) Ltd and Godha Cabcon and Insulation Ltd announced their results. Of these Finolex Cables Ltd, Birla Cable Ltd and Paramount Communications Ltd reported rise in net profit attributable to shareholders. Companies like Universal Cables Ltd, Delton Cables Ltd, B.C. Power Controls Ltd and Ultracab (India) Ltd reported fall in net profit attributable to shareholders.

Godha Cabcon and Insulation Ltd and Cybele Industries Ltd reported profit to loss.

Dynamic Cables Ltd and Sterlite Technologies 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, 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, 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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