Date: 28 Jun 2024

Cables

Sector	Market Cap	No of Companies
Cables	207111.86	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	4.39
Net Block	8786.39	TTM PATM (%)	7.22	EV/TTM EBITDA	40.65
Current Assets	25166.29	Debt / Equity	0.24	P/E	60.77
ROCE (%)	59.53	RONW (%)	14.93	P/B	9.07

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

TTM ended March 2024

	28 Jun 2024	31 May 2023	31 May 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	207111.86	91590.57	62535.36	126.13	231.19
Total Marketcap	44240598.14	28483979.84	24489912.48	55.32	80.65
Sector's share	0.47	0.32	0.26	0.15	0.21
Sector No of companies	25	20	20	5	5
Total Listed companies	4672	4301	4108	371	564
Sector's share	0.54	0.47	0.49	0.07	0.05
Nifty 50	24010.6	22530.7	19189.05	6.57	25.13

 

Gainers
Company Name	28/06/2024	28/05/2024	Var%
Diamond Power	1290.85	926.80	39.28
Delton Cables	478.55	406.70	17.67
Cords Cable	238.65	207.95	14.76
Universal Cables	695.80	612.15	13.66
T N Telecom.	10.58	9.32	13.52
Losers
Company Name	28/06/2024	28/05/2024	Var%
Paramount Comm.	73.41	81.37	-9.78
Ultracab India	14.14	14.97	-5.54
Aksh Optifibre	8.22	8.66	-5.08
R R Kabel	1740.40	1804.60	-3.56
Plaza Wires	87.47	88.83	-1.53

 

During the month of June 2024, Cables sector’s Marketcap increased 126.13% to Rs 207111.86 crore, compared to 55.32% rise in total listed marketcap to Rs 44240598.14 crore.

Sector’s share of total listed marketcap moved to 0.47% in June 2024 from 0.32% in May 2023 and 0.26% in May 2022.

In terms of price appreciation in the sector, there were 14 gainers and 5 losers in the month of Jun 2024. The gainers accounted for 56.00% of sector companies, losers accounted for 20.00% of sector companies, while 6% remained unchanged.

The top 3 gainers were Diamond Power (39.28% gain), Delton Cables (17.67% gain) and Cords Cable (14.76% gain).

The 3 losers at the bottom were Paramount Comm. (-9.78% fall), Ultracab India (-5.54% fall) and Aksh Optifibre (-5.08% fall).

During the month CMI Ltd announced their results.

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, DCG Cables & Wires Ltd and Quadrant Future Tek 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, Colt Cables Pvt 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, DCG Cables & Wires Ltd and Quadrant Future Tek Ltd were updated in Capitaline.