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LTP
-0.47 (-5.08%)
Volume
1,96,335
Market Cap
₹150 Cr
52W Low
₹7.90
52W High
₹15.00
LTP
-10.23 (-6.21%)
Volume
48,445
Market Cap
₹494 Cr
52W Low
₹153.10
52W High
₹327.35
LTP
0.00 (0.00%)
Volume
6,748
Market Cap
₹8 Cr
52W Low
₹3.95
52W High
₹8.20
LTP
-15.33 (-8.03%)
Volume
39,172
Market Cap
₹246 Cr
52W Low
₹140.45
52W High
₹278.00
LTP
-3.49 (-9.56%)
Volume
215
Market Cap
₹39 Cr
52W Low
₹31.51
52W High
₹61.05
LTP
-2.00 (-2.43%)
Volume
24,000
Market Cap
₹149 Cr
52W Low
₹70.50
52W High
₹182.50
LTP
-37.35 (-5.00%)
Volume
4,096
Market Cap
₹646 Cr
52W Low
₹324.80
52W High
₹1,375.00
LTP
-4.75 (-5.00%)
Volume
74,769
Market Cap
₹5,022 Cr
52W Low
₹30.06
52W High
₹190.00
LTP
-36.05 (-5.13%)
Volume
63,317
Market Cap
₹1,708 Cr
52W Low
₹337.55
52W High
₹1,095.00
LTP
0.14 (5.00%)
Volume
300
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹2.94
LTP
-64.55 (-6.46%)
Volume
24,13,971
Market Cap
₹15,367 Cr
52W Low
₹831.25
52W High
₹1,700.00
LTP
0.00 (0.00%)
Volume
3,675
Market Cap
₹35 Cr
52W Low
₹13.96
52W High
₹40.61
LTP
-0.02 (-2.33%)
Volume
6,32,716
Market Cap
₹81 Cr
52W Low
₹0.65
52W High
₹1.41
LTP
0.00 (0.00%)
Volume
2,000
Market Cap
₹48 Cr
52W Low
₹45.00
52W High
₹99.85
LTP
6.05 (0.18%)
Volume
3,21,210
Market Cap
₹32,542 Cr
52W Low
₹2,900.10
52W High
₹5,039.70
LTP
-3.80 (-7.76%)
Volume
42,000
Market Cap
₹92 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
-0.43 (-0.71%)
Volume
16,43,225
Market Cap
₹1,842 Cr
52W Low
₹59.30
52W High
₹100.63
LTP
-3.57 (-5.39%)
Volume
43,731
Market Cap
₹292 Cr
52W Low
₹61.80
52W High
₹103.28
LTP
-134.70 (-2.43%)
Volume
4,01,868
Market Cap
₹83,486 Cr
52W Low
₹4,278.00
52W High
₹7,605.00
LTP
-63.15 (-11.06%)
Volume
1,29,99,121
Market Cap
₹2,275 Cr
52W Low
₹362.10
52W High
₹744.00
LTP
-9.25 (-0.81%)
Volume
54,673
Market Cap
₹12,899 Cr
52W Low
₹1,104.05
52W High
₹1,901.95
LTP
0.07 (0.09%)
Volume
21,205
Market Cap
₹82 Cr
52W Low
₹75.00
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
0.01 (1.15%)
Volume
1,09,817
Market Cap
₹7 Cr
52W Low
₹0.51
52W High
₹1.35
LTP
-6.40 (-6.23%)
Volume
11,87,914
Market Cap
₹5,015 Cr
52W Low
₹95.15
52W High
₹155.05
LTP
-0.31 (-3.25%)
Volume
4,338
Market Cap
₹45 Cr
52W Low
₹8.90
52W High
₹16.10
LTP
0.00 (0.00%)
Volume
40,003
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹1.80
LTP
-0.47 (-3.26%)
Volume
1,73,367
Market Cap
₹187 Cr
52W Low
₹11.99
52W High
₹19.46
LTP
-17.45 (-3.18%)
Volume
21,799
Market Cap
₹1,904 Cr
52W Low
₹385.00
52W High
₹938.00
LTP
-3.45 (-1.08%)
Volume
6,250
Market Cap
₹782 Cr
52W Low
₹69.65
52W High
₹494.15
Join Our 2.5 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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