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LTP
-26.40 (-1.38%)
Volume
25,980
Market Cap
₹2,071 Cr
52W Low
₹1,020.00
52W High
₹2,419.00
LTP
-0.08 (-1.01%)
Volume
2,73,461
Market Cap
₹126 Cr
52W Low
₹7.28
52W High
₹15.00
LTP
-0.65 (-0.59%)
Volume
55,200
Market Cap
₹206 Cr
52W Low
₹95.00
52W High
₹114.20
LTP
-0.34 (-0.21%)
Volume
15,397
Market Cap
₹483 Cr
52W Low
₹125.35
52W High
₹289.85
LTP
0.00 (0.00%)
Volume
1,084
Market Cap
₹43 Cr
52W Low
₹13.96
52W High
₹49.35
LTP
0.00 (0.00%)
Volume
9,038
Market Cap
₹5 Cr
52W Low
₹2.85
52W High
₹5.90
LTP
-3.27 (-1.77%)
Volume
10,631
Market Cap
₹239 Cr
52W Low
₹146.65
52W High
₹246.45
LTP
-1.48 (-4.99%)
Volume
8,517
Market Cap
₹32 Cr
52W Low
₹18.25
52W High
₹51.00
LTP
2.00 (2.83%)
Volume
7,200
Market Cap
₹128 Cr
52W Low
₹57.15
52W High
₹152.50
LTP
-9.55 (-1.42%)
Volume
3,294
Market Cap
₹581 Cr
52W Low
₹564.50
52W High
₹1,375.00
LTP
-0.56 (-0.38%)
Volume
10,96,445
Market Cap
₹7,760 Cr
52W Low
₹81.50
52W High
₹190.00
LTP
-9.65 (-2.08%)
Volume
3,41,168
Market Cap
₹2,245 Cr
52W Low
₹227.50
52W High
₹547.50
LTP
0.14 (5.00%)
Volume
300
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹2.94
LTP
1.00 (0.12%)
Volume
28,22,079
Market Cap
₹13,020 Cr
52W Low
₹780.00
52W High
₹1,559.00
LTP
-0.01 (-1.67%)
Volume
22,39,624
Market Cap
₹89 Cr
52W Low
₹0.45
52W High
₹1.41
LTP
0.00 (0.00%)
Volume
4,000
Market Cap
₹49 Cr
52W Low
₹49.64
52W High
₹99.85
LTP
1.50 (0.04%)
Volume
1,95,257
Market Cap
₹37,762 Cr
52W Low
₹2,424.00
52W High
₹4,730.00
LTP
-0.85 (-2.10%)
Volume
10,500
Market Cap
₹76 Cr
52W Low
₹33.10
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 (-0.88%)
Volume
8,24,917
Market Cap
₹1,495 Cr
52W Low
₹44.10
52W High
₹100.63
LTP
-0.80 (-1.42%)
Volume
37,068
Market Cap
₹247 Cr
52W Low
₹47.70
52W High
₹92.90
LTP
16.00 (0.23%)
Volume
1,72,152
Market Cap
₹1,06,656 Cr
52W Low
₹4,555.00
52W High
₹7,605.00
LTP
3.25 (0.80%)
Volume
7,81,380
Market Cap
₹1,630 Cr
52W Low
₹362.10
52W High
₹744.00
LTP
10.00 (0.83%)
Volume
1,12,243
Market Cap
₹13,678 Cr
52W Low
₹853.55
52W High
₹1,814.80
LTP
-0.78 (-1.09%)
Volume
1,603
Market Cap
₹72 Cr
52W Low
₹44.60
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
0.03 (4.69%)
Volume
6,668
Market Cap
₹5 Cr
52W Low
₹0.58
52W High
₹1.35
LTP
-1.72 (-1.30%)
Volume
11,90,669
Market Cap
₹6,458 Cr
52W Low
₹41.36
52W High
₹140.40
LTP
0.28 (1.94%)
Volume
1,41,814
Market Cap
₹68 Cr
52W Low
₹7.94
52W High
₹26.00
LTP
0.00 (0.00%)
Volume
40,003
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹1.80
LTP
-0.38 (-3.74%)
Volume
3,66,439
Market Cap
₹125 Cr
52W Low
₹8.24
52W High
₹19.07
LTP
-12.00 (-1.65%)
Volume
17,323
Market Cap
₹2,524 Cr
52W Low
₹407.25
52W High
₹866.25
LTP
-3.35 (-0.70%)
Volume
12,500
Market Cap
₹1,170 Cr
52W Low
₹200.30
52W High
₹513.00
Join Our 3 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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