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LTP
-0.13 (-1.11%)
Volume
3,96,592
Market Cap
₹189 Cr
52W Low
₹7.90
52W High
₹15.85
LTP
0.00 (0.00%)
Volume
30,493
Market Cap
₹705 Cr
52W Low
₹199.60
52W High
₹340.00
LTP
0.00 (0.00%)
Volume
1,617
Market Cap
₹8 Cr
52W Low
₹3.95
52W High
₹8.20
LTP
-2.88 (-1.20%)
Volume
1,61,051
Market Cap
₹305 Cr
52W Low
₹103.80
52W High
₹278.00
LTP
-1.35 (-3.42%)
Volume
3,953
Market Cap
₹41 Cr
52W Low
₹34.20
52W High
₹61.05
LTP
0.20 (0.18%)
Volume
1,200
Market Cap
₹207 Cr
52W Low
₹77.00
52W High
₹182.50
LTP
-62.85 (-5.00%)
Volume
32,427
Market Cap
₹1,032 Cr
52W Low
₹234.95
52W High
₹1,320.00
LTP
-0.80 (-0.50%)
Volume
87,711
Market Cap
₹8,426 Cr
52W Low
₹12.66
52W High
₹190.00
LTP
1.80 (0.19%)
Volume
27
Market Cap
₹2,237 Cr
52W Low
₹337.55
52W High
₹1,006.45
LTP
0.14 (5.00%)
Volume
300
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹2.94
LTP
0.25 (0.02%)
Volume
1,48,188
Market Cap
₹19,946 Cr
52W Low
₹831.25
52W High
₹1,700.00
LTP
1.18 (4.96%)
Volume
362
Market Cap
₹22 Cr
52W Low
₹13.96
52W High
₹24.96
LTP
0.05 (4.85%)
Volume
76,76,117
Market Cap
₹101 Cr
52W Low
₹0.50
52W High
₹1.19
LTP
-2.18 (-2.78%)
Volume
2,000
Market Cap
₹54 Cr
52W Low
₹44.50
52W High
₹99.85
LTP
0.00 (0.00%)
Volume
4,48,630
Market Cap
₹44,418 Cr
52W Low
₹2,822.45
52W High
₹5,039.70
LTP
0.00 (0.00%)
Volume
24,000
Market Cap
₹120 Cr
52W Low
₹38.10
52W High
₹83.95
LTP
-0.01 (-2.56%)
Volume
250
Market Cap
₹7 Cr
52W Low
₹0.00
52W High
₹0.38
LTP
0.00 (0.00%)
Volume
45,68,104
Market Cap
₹2,513 Cr
52W Low
₹62.75
52W High
₹116.85
LTP
0.00 (0.00%)
Volume
50
Market Cap
₹350 Cr
52W Low
₹70.65
52W High
₹121.35
LTP
0.00 (0.00%)
Volume
96,608
Market Cap
₹1,11,268 Cr
52W Low
₹3,801.00
52W High
₹7,605.00
LTP
0.00 (0.00%)
Volume
87,602
Market Cap
₹16,838 Cr
52W Low
₹1,310.30
52W High
₹1,901.95
LTP
-2.70 (-2.85%)
Volume
21,513
Market Cap
₹93 Cr
52W Low
₹86.05
52W High
₹156.00
LTP
-0.50 (-8.32%)
Volume
3,000
Market Cap
₹3 Cr
52W Low
₹0.00
52W High
₹5.51
LTP
-0.04 (-4.12%)
Volume
230
Market Cap
₹8 Cr
52W Low
₹0.51
52W High
₹1.35
LTP
0.55 (0.45%)
Volume
11,43,498
Market Cap
₹6,034 Cr
52W Low
₹109.50
52W High
₹155.05
LTP
0.00 (0.00%)
Volume
89,858
Market Cap
₹64 Cr
52W Low
₹8.60
52W High
₹17.10
LTP
0.00 (0.00%)
Volume
40,003
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹1.80
LTP
0.32 (1.92%)
Volume
1,175
Market Cap
₹159 Cr
52W Low
₹12.32
52W High
₹29.84
LTP
0.00 (0.00%)
Volume
4,65,546
Market Cap
₹2,408 Cr
52W Low
₹385.00
52W High
₹938.00
LTP
0.00 (0.00%)
Volume
8,500
Market Cap
₹916 Cr
52W Low
₹69.65
52W High
₹494.15
Join Our 2 Cr+ Happy Customers
Cables or wires are an extremely important component forin helping the distribution mechanism of a growing power infrastructure in India. Modern cables are of various types, from basic power cables to more complex ones like control cables, instrumentation cables, optical fibre cables, etc.
Digitisation, industrialisation and modernisation of traditional sectors like agriculture help drive the demand for cables. Specifically, smart city infrastructure, the Internet of Things, 5G adoption, electric vehicles, etc. will act as major demand sources.
The demand for wires and cables is surging worldwide, with a projected compound annual growth rate (CAGR) of 6.45%. This translates to a market size expected to reach a staggering USD 332.65 billion by 2026, a significant jump from USD 201.76 billion in 2018. This rapid growth reflects the country’s booming power and infrastructure sectors, particularly in the high-voltage (HV) and extra-high-voltage (EHV) cable segments.
Investing in cable sector stocks via Angel One is easy. Simply follow these steps:
If you don’t have a Demat account with Angel One, you can open one for free online within minutes.
Cable sector stocks represent companies involved in the manufacturing and distribution of wires and cables used across various industries. This includes power cables, fibre optic cables, automotive cables, and speciality cables for niche applications.
Polycab India, Finolex Cables, KEI Industries, RR Kabel, etc., are some of the biggest cable sector companies in India with publicly traded stocks.
You may assess stocks based on financial health through metrics like profitability, debt-to-equity ratio, and operational efficiency. You can also use industrial sector KPIs like throughput, first-pass yield, on-time project delivery, capacity utilisation, etc., to assess cable sector stocks.
The cable industry is set to increase at a CAGR of 6.45% globally. In India, the sector is set to grow at a CAGR of 15%. Hence, you may consider investing in stocks of a growing sector.
With a 5-year CAGR of nearly 60% as of January 30, 2024, Diamond Power is the best cable sector company. As such, the top cables sector stock can be selected based on various factors like cash richness, market size, growth rate, etc. Do your own research before deciding which stock is the best for your investment strategy.
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