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LTP
0.13 (1.47%)
Volume
6,23,744
Market Cap
₹144 Cr
52W Low
₹7.90
52W High
₹15.85
LTP
0.04 (0.01%)
Volume
3,12,796
Market Cap
₹879 Cr
52W Low
₹182.50
52W High
₹429.70
LTP
0.00 (0.00%)
Volume
10,173
Market Cap
₹7 Cr
52W Low
₹4.27
52W High
₹8.20
LTP
8.26 (3.45%)
Volume
43,643
Market Cap
₹311 Cr
52W Low
₹87.60
52W High
₹278.00
LTP
-2.68 (-4.66%)
Volume
41,965
Market Cap
₹62 Cr
52W Low
₹20.00
52W High
₹61.05
LTP
6.45 (4.97%)
Volume
56,400
Market Cap
₹235 Cr
52W Low
₹77.00
52W High
₹182.50
LTP
-10.35 (-1.99%)
Volume
1,138
Market Cap
₹448 Cr
52W Low
₹98.25
52W High
₹548.00
LTP
0.00 (0.00%)
Volume
3,650
Market Cap
₹6,689 Cr
52W Low
₹22.20
52W High
₹1,346.85
LTP
14.30 (2.47%)
Volume
99,833
Market Cap
₹1,274 Cr
52W Low
₹337.55
52W High
₹680.00
LTP
0.14 (5.00%)
Volume
300
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹2.94
LTP
29.55 (1.93%)
Volume
83,800
Market Cap
₹23,400 Cr
52W Low
₹831.25
52W High
₹1,700.00
LTP
-0.01 (-3.13%)
Volume
1,000
Market Cap
₹1 Cr
52W Low
₹0.00
52W High
₹0.31
LTP
0.00 (0.00%)
Volume
45,70,806
Market Cap
₹67 Cr
52W Low
₹0.45
52W High
₹1.19
LTP
-4.45 (-5.00%)
Volume
10,000
Market Cap
₹63 Cr
52W Low
₹33.80
52W High
₹93.45
LTP
122.60 (2.90%)
Volume
1,88,846
Market Cap
₹38,259 Cr
52W Low
₹2,223.00
52W High
₹5,039.70
LTP
2.00 (3.62%)
Volume
48,000
Market Cap
₹103 Cr
52W Low
₹37.05
52W High
₹65.80
LTP
-0.01 (-2.56%)
Volume
250
Market Cap
₹7 Cr
52W Low
₹0.00
52W High
₹0.38
LTP
1.98 (2.71%)
Volume
19,31,062
Market Cap
₹2,219 Cr
52W Low
₹37.10
52W High
₹116.85
LTP
1.79 (2.11%)
Volume
1,82,718
Market Cap
₹370 Cr
52W Low
₹74.90
52W High
₹173.50
LTP
121.05 (1.88%)
Volume
4,77,685
Market Cap
₹96,551 Cr
52W Low
₹3,801.00
52W High
₹7,331.45
LTP
19.55 (1.13%)
Volume
24,424
Market Cap
₹19,586 Cr
52W Low
₹1,136.80
52W High
₹1,901.95
LTP
4.45 (3.72%)
Volume
71,575
Market Cap
₹121 Cr
52W Low
₹79.00
52W High
₹124.50
LTP
-0.50 (-8.32%)
Volume
3,000
Market Cap
₹3 Cr
52W Low
₹0.00
52W High
₹5.51
LTP
-0.01 (-1.03%)
Volume
52,603
Market Cap
₹8 Cr
52W Low
₹0.51
52W High
₹1.06
LTP
3.28 (2.27%)
Volume
37,72,130
Market Cap
₹7,032 Cr
52W Low
₹109.50
52W High
₹179.05
LTP
0.00 (0.00%)
Volume
10,092
Market Cap
₹47 Cr
52W Low
₹5.90
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
-0.24 (-1.54%)
Volume
3,01,452
Market Cap
₹149 Cr
52W Low
₹12.32
52W High
₹29.84
LTP
-10.00 (-1.13%)
Volume
25,719
Market Cap
₹3,061 Cr
52W Low
₹379.35
52W High
₹910.00
LTP
9.95 (5.00%)
Volume
1,37,000
Market Cap
₹454 Cr
52W Low
₹69.65
52W High
₹219.70
With Zero Brokerage on Equity Delivery
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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