Date: 30 Jan 2024
Cables
Sector |
Market Cap |
No of Companies |
Cables |
140735.18 |
24 |
NetWorth |
20886.62 |
TTM Sales |
45445.07 |
TTM Sales Var (%) |
24.31 |
Debt |
5788.24 |
TTM OP |
5249.26 |
TTM NP Var (%) |
52.89 |
Capital Employed |
27713.18 |
TTM OPM (%) |
13.27 |
EV/TM Sales |
3.10 |
Net Block |
8177.46 |
TTM PATM (%) |
7.59 |
EV/TTM EBITDA |
27.62 |
Current Assets |
23038.86 |
Debt / Equity |
0.28 |
P/E |
40.79 |
ROCE (%) |
64.22 |
RONW (%) |
16.52 |
P/B |
6.74 |
The above figures are in Rs. Crores as of 30 Jan 2024
TTM ended September 2023
|
30 Jan 2024 |
31 Dec 2022 |
31 Dec 2021 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
140735.18 |
70456.26 |
69926.63 |
99.75 |
101.26 |
Total Marketcap |
37753281.25 |
28374455.84 |
|
33.05 |
|
Sector's share |
0.37 |
0.25 |
|
0.12 |
|
Sector No of companies |
24 |
20 |
21 |
4 |
3 |
Total Listed companies |
4525 |
4237 |
0 |
288 |
4525 |
Sector's share |
0.53 |
0.47 |
0 |
0.06 |
0.53 |
Nifty 50 |
21737.6 |
|
17662.15 |
|
23.07 |
Gainers |
| Company Name |
30/01/2024 |
29/12/2023 |
Var% |
| Delton Cables |
397.55 |
259.20 |
53.38 |
| T N Telecom. |
13.42 |
9.03 |
48.62 |
| Diamond Power |
228.45 |
154.10 |
48.25 |
| Paramount Comm. |
111.25 |
88.15 |
26.21 |
| Relicab Cable |
101.00 |
92.62 |
9.05 |
Losers |
| Company Name |
30/01/2024 |
29/12/2023 |
Var% |
| Ultracab India |
19.67 |
27.20 |
-27.68 |
| Polycab India |
4312.25 |
5491.35 |
-21.47 |
| R R Kabel |
1434.15 |
1573.55 |
-8.86 |
| Cybele Industrie |
38.07 |
41.16 |
-7.51 |
| KEI Industries |
3059.75 |
3252.85 |
-5.94 |
During the month of January 2024, Cables sector’s Marketcap increased 99.75% to Rs 140735.18 crore, compared to 33.05% rise in total listed marketcap to Rs 37753281.25 crore.
Sector’s share of total listed marketcap moved to 0.37% in January 2024 from 0.25% in December 2022 and % in December 2021.
In terms of price appreciation in the sector, there were 10 gainers and 9 losers in the month of Jan 2024. The gainers accounted for 41.67% of sector companies, losers accounted for 37.50% of sector companies, while 5% remained unchanged.
The top 3 gainers were Delton Cables (53.38% gain), T N Telecom. (48.62% gain) and Diamond Power (48.25% gain).
The 3 losers at the bottom were Ultracab India (-27.68% fall), Polycab India (-21.47% fall) and R R Kabel (-8.86% fall).
During the month Delton Cables Ltd, KEI Industries Ltd, Sterlite Technologies Ltd, Polycab India Ltd, R R Kabel Ltd and Godha Cabcon and Insulation Ltd announced their results. Of these Delton Cables Ltd, KEI Industries Ltd, Polycab India Ltd and R R Kabel Ltd reported rise in net profit attributable to shareholders.
Sterlite Technologies Ltd reported profit to loss.
During the month Finolex Cables Ltd, Universal Cables Ltd, Delton Cables 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, Plaza Wires Ltd and DCG Cables & Wires Ltd filed their shareholding patterns.
FIIs increased their shareholding in KEI Industries Ltd from 29.57% to 30.96%, Polycab India Ltd from 12.40% to 13.41%, Cords Cable Industries Ltd from 0.95% to 1.50% and Universal Cables Ltd from 0.31% to 0.34%. FIIs reduced their shareholding in Dynamic Cables Ltd from 0.10% to 0.08%, R R Kabel Ltd from 5.00% to 4.69%, Finolex Cables Ltd from 11.75% to 11.05% and Sterlite Technologies Ltd from 5.45% to 4.75%.
DIIs increased their shareholding in Universal Cables Ltd from 1.48% to 3.78%, Finolex Cables Ltd from 14.59% to 15.55%, R R Kabel Ltd from 7.33% to 7.63% and Sterlite Technologies Ltd from 1.52% to 1.54%. DIIs reduced their shareholding in Tamil Nadu Telecommunications Ltd from 13.84% to 13.75%, Paramount Communications Ltd from 0.10% to 0.00%, Polycab India Ltd from 6.73% to 6.37%, KEI Industries Ltd from 16.11% to 14.58% and Diamond Power Infrastructure Ltd from 66.65% to 57.91%.
Promoters reduced their shareholding in Polycab India Ltd from 65.91% to 65.79%, Aksh Optifibre Ltd from 26.95% to 26.77% and Ultracab (India) Ltd from 59.69% to 27.90%.
During the month Annual reports of Finolex Cables Ltd, Universal Cables Ltd, Delton Cables Ltd, Cable Corporation of India 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, Prashanth Cylinders Pvt Ltd, Shivpriya Cables Pvt Ltd, Vora Wires Inds. (India) Ltd, Shakti Tamba Tar Pvt Ltd, Top Gear Metals Pvt Ltd, P T F E Electronics Pvt Ltd, Saiprasad Engineers Pvt Ltd, Lapp India Pvt Ltd, Nashik Autoweld Systems Pvt Ltd, Wipe Hotwire India Thermal Equipments Pvt Ltd, Rational Engineers Ltd, Ecko Cables Pvt Ltd, Shashwat Cables Pvt Ltd, Mecab Cables Pvt Ltd, Chandresh Cables Ltd, Triveni Conductors Ltd, S P M Wires & Cables Pvt Ltd, S P M Power & Telecom Pvt Ltd, Radiant - R S C C Specialty Cable Pvt Ltd, Khandelwal Cables Ltd, Bindawala Cables & Conductors Ltd, Tirupati Conductors Pvt Ltd, Resistance Alloys (India) Pvt Ltd, Delseal India Pvt Ltd, Bhuwal Insulation Cable Pvt Ltd, Urjatech Pvt Ltd, Lincoln Electric Co. (India) Pvt Ltd, Svarn Infratel Pvt Ltd, Masl Control Cables Pvt Ltd, Megatronic Power & Infrastructure Pvt Ltd, S R Impex Pvt Ltd, Siechem Technologies Pvt Ltd, Avaan International Ltd, G K Enterprises Pvt Ltd, Fokker Elmo Sasmos Interconnection Systems Ltd, Superior Weldmesh Pvt Ltd, Syska Miterr Pvt Ltd, J M V L P S Ltd, TCL Cables Pvt Ltd and DCG Cables & Wires Ltd were updated in Capitaline.
