Date: 30 May 2024

Cables

Sector	Market Cap	No of Companies
Cables	198976.65	25

 

NetWorth	22825.45	TTM Sales	47231.26	TTM Sales Var (%)	12.19
Debt	5430.24	TTM OP	5185.62	TTM NP Var (%)	16.32
Capital Employed	29402.34	TTM OPM (%)	12.80	EV/TM Sales	4.21
Net Block	8786.39	TTM PATM (%)	7.22	EV/TTM EBITDA	39.08
Current Assets	25166.29	Debt / Equity	0.24	P/E	58.38
ROCE (%)	59.53	RONW (%)	14.93	P/B	8.72

The above figures are in Rs. Crores as of 30 May 2024

TTM ended March 2024

	30 May 2024	30 Apr 2023	30 Apr 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	198976.65	88811.84	64714.56	124.04	207.47
Total Marketcap	41320481.71	26782077.7	25450971.93	54.28	62.35
Sector's share	0.48	0.33	0.25	0.15	0.23
Sector No of companies	25	20	21	5	4
Total Listed companies	4628	4242	4089	386	539
Sector's share	0.54	0.47	0.51	0.07	0.03
Nifty 50	22488.65	22604.85	18534.4	-0.51	21.33

 

Gainers
Company Name	30/05/2024	30/04/2024	Var%
Finolex Cables	1459.70	1051.40	38.83
Dynamic Cables	556.35	441.45	26.03
Diamond Power	890.25	731.95	21.63
Cords Cable	203.15	171.50	18.45
Polycab India	6711.60	5666.60	18.44
Losers
Company Name	30/05/2024	30/04/2024	Var%
T N Telecom.	9.00	11.82	-23.86
Delton Cables	391.05	453.25	-13.72
Birla Cable	235.00	271.35	-13.40
Cybele Industrie	37.90	41.90	-9.55
Sterlite Tech.	124.35	137.40	-9.50

 

During the month of May 2024, Cables sector’s Marketcap increased 124.04% to Rs 198976.65 crore, compared to 54.28% rise in total listed marketcap to Rs 41320481.71 crore.

Sector’s share of total listed marketcap moved to 0.48% in May 2024 from 0.33% in April 2023 and 0.25% in April 2022.

In terms of price appreciation in the sector, there were 11 gainers and 8 losers in the month of May 2024. The gainers accounted for 44.00% of sector companies, losers accounted for 32.00% of sector companies, while 6% remained unchanged.

The top 3 gainers were Finolex Cables (38.83% gain), Dynamic Cables (26.03% gain) and Diamond Power (21.63% gain).

The 3 losers at the bottom were T N Telecom. (-23.86% fall), Delton Cables (-13.72% fall) and Birla Cable (-13.40% fall).

During the month Finolex Cables Ltd, Universal Cables Ltd, Delton Cables Ltd, Tamil Nadu Telecommunications 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, R K Manufacturing Company Ltd, Polycab India Ltd, Cords Cable Industries Ltd, R R Kabel Ltd, Dynamic Cables Ltd, Ultracab (India) Ltd, Relicab Cable Manufacturing Ltd, Godha Cabcon and Insulation Ltd and Plaza Wires Ltd announced their results. Of these Finolex Cables Ltd, Universal Cables Ltd, KEI Industries Ltd, Paramount Communications Ltd, Cybele Industries Ltd, Polycab India Ltd, Cords Cable Industries Ltd, R R Kabel Ltd, Dynamic Cables Ltd and Ultracab (India) Ltd reported rise in net profit attributable to shareholders. Companies like Birla Cable Ltd and Relicab Cable Manufacturing Ltd reported fall in net profit attributable to shareholders.

Companies like Diamond Power Infrastructure Ltd, Delton Cables Ltd and Godha Cabcon and Insulation Ltd reported loss to profit and 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 Sterlite Technologies Ltd from 5.02% to 9.97%, Finolex Cables Ltd from 11.05% to 11.56%, Birla Cable Ltd from 0.00% to 0.33%, DCG Cables & Wires Ltd from 0.00% to 0.26% and KEI Industries Ltd from 30.96% to 31.01%. FIIs reduced their shareholding in Universal Cables Ltd from 0.34% to 0.30%, Dynamic Cables Ltd from 0.08% to 0.03%, Paramount Communications Ltd from 7.05% to 6.98%, Cords Cable Industries Ltd from 1.50% to 1.31%, R R Kabel Ltd from 4.69% to 4.16%, Diamond Power Infrastructure Ltd from 0.77% to 0.03%, Polycab India Ltd from 13.41% to 11.94% and Plaza Wires Ltd from 2.20% to 0.00%.

DIIs increased their shareholding in Sterlite Technologies Ltd from 1.56% to 10.08%, Universal Cables Ltd from 3.78% to 4.77%, R R Kabel Ltd from 7.63% to 8.33%, KEI Industries Ltd from 14.58% to 14.91% and Finolex Cables Ltd from 15.55% to 15.69%. DIIs reduced their shareholding in Polycab India Ltd from 6.37% to 6.10%, Tamil Nadu Telecommunications Ltd from 13.75% to 11.86% and Diamond Power Infrastructure Ltd from 57.91% to 0.00%.

Promoters increased their shareholding in Diamond Power Infrastructure Ltd from 11.41% to 94.88%, Cords Cable Industries Ltd from 51.78% to 51.86% and Dynamic Cables Ltd from 74.45% to 74.47%. Promoters reduced their shareholding in Paramount Communications Ltd from 49.60% to 49.31%, Polycab India Ltd from 65.79% to 65.24%, Aksh Optifibre Ltd from 26.77% to 26.14%, Godha Cabcon and Insulation Ltd from 11.48% to 7.97%, Sterlite Technologies Ltd from 53.98% to 44.19% and DCG Cables & Wires Ltd from 100.00% to 72.45%.

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.