Date: 28 Mar 2024

Cables

Sector	Market Cap	No of Companies
Cables	153684.28	24

 

NetWorth	20886.62	TTM Sales	45899.50	TTM Sales Var (%)	15.98
Debt	5788.24	TTM OP	5192.69	TTM NP Var (%)	28.62
Capital Employed	27713.18	TTM OPM (%)	13.17	EV/TM Sales	3.35
Net Block	8177.46	TTM PATM (%)	7.44	EV/TTM EBITDA	30.41
Current Assets	23038.86	Debt / Equity	0.28	P/E	45.02
ROCE (%)	64.20	RONW (%)	16.35	P/B	7.36

The above figures are in Rs. Crores as of 28 Mar 2024

TTM ended December 2023

	28 Mar 2024	28 Feb 2023	28 Feb 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	153684.28	81229.11	63157.05	89.2	143.34
Total Marketcap	38945362.38	25907447.46	26551333.43	50.32	46.68
Sector's share	0.39	0.31	0.24	0.08	0.15
Sector No of companies	24	20	20	4	4
Total Listed companies	4583	4247	4124	336	459
Sector's share	0.52	0.47	0.48	0.05	0.04
Nifty 50	22123.65	21982.8	17359.75	0.64	27.44

 

Gainers
Company Name	28/03/2024	28/02/2024	Var%
Diamond Power	502.75	345.55	45.49
Polycab India	5066.30	4710.45	7.55
R R Kabel	1537.50	1440.55	6.73
Finolex Cables	1000.80	945.25	5.88
KEI Industries	3455.30	3270.00	5.67
Losers
Company Name	28/03/2024	28/02/2024	Var%
SGN Telecoms	0.53	0.96	-44.79
Ultracab India	12.40	18.07	-31.38
Aksh Optifibre	8.10	10.65	-23.94
Delton Cables	373.25	483.10	-22.74
Birla Cable	225.75	290.00	-22.16

 

During the month of March 2024, Cables sector’s Marketcap increased 89.2% to Rs 153684.28 crore, compared to 50.32% rise in total listed marketcap to Rs 38945362.38 crore.

Sector’s share of total listed marketcap moved to 0.39% in March 2024 from 0.31% in February 2023 and 0.24% in February 2022.

In terms of price appreciation in the sector, there were 7 gainers and 12 losers in the month of Mar 2024. The gainers accounted for 29.17% of sector companies, losers accounted for 50.00% of sector companies, while 5% remained unchanged.

The top 3 gainers were Diamond Power (45.49% gain), Polycab India (7.55% gain) and R R Kabel (6.73% gain).

The 3 losers at the bottom were SGN Telecoms (-44.79% fall), Ultracab India (-31.38% fall) and Aksh Optifibre (-23.94% fall).

KEI Industries Ltd and R R Kabel Ltd announced dividend of 3.5 and 3.

KEI Industries Ltd became ex-dividend.

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%, Paramount Communications Ltd from 7.60% to 7.05%, 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%, 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%, Paramount Communications Ltd from 53.51% to 49.60% 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, Gem Cables & Conductors Ltd, G R Cables Ltd, KEI Industries Ltd, Paramount Communications Ltd, Cybele Industries Ltd, Golkonda Engineering Enterprises Ltd, Aksh Optifibre Ltd, Traco Cable Company 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, Miracle Cables India Pvt 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, 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, Cresent Cables 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.