Universal Cables (UNIVCABLES) Share Price Falls 6.39% as Mid Cap Stays in Focus
- September 7, 2026
- Posted by: Kunal Singla
- Category: News
Universal Cables Share Price was at Rs 1,365.30 on 21 October 2026 at 1:22:48 PM IST, after a 6.39% decline from the previous close. The stock’s market capitalisation stood at Rs 5,060.15 crore, keeping Universal Cables in the Mid Cap category. For investors tracking Universal Cables Share Price Today, the move is notable because the day’s range was broad and the share price fell back to the low after opening above the previous close. The price move is confirmed in Univest data; a company-specific reason has not been established. That makes the Universal Cables Share Price story primarily a price action and valuation discussion, with the cable industry benchmark offering the next layer of context. Univest data also shows the move is part of the latest session, so the focus stays on what the numbers reveal rather than on any unsupported trigger.
Universal Cables (UNIVCABLES) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,365.3 |
| Previous Close | Rs 1,458.45 |
| Today's Move | -Rs 93.15 (-6.39%) |
| Open | Rs 1,476.15 |
| High | Rs 1,476.7 |
| Low | Rs 1,365.3 |
| Market Capitalisation | Rs 5,060.15 crore |
| Market Cap Category | Mid Cap |
Universal Cables Share Price opened at Rs 1,476.15, touched a high of Rs 1,476.70 and a low of Rs 1,365.30, before standing at Rs 1,365.30 as of 21 October 2026 at 1:22:48 PM IST. The previous close was Rs 1,458.45, so the stock is down Rs 93.15 or 6.39% in the latest session. That places the Universal Cables Share Price at the day’s low, which is the same as the last traded level provided for this update. The market capitalisation of Rs 5,060.15 crore keeps it in the Mid Cap bucket, a useful size reference for this Universal Cables Share Price Today move. From a news-flow perspective, the market is seeing a share price fall without a verified event driver, so the price action itself is the main fact pattern. The next section of Universal Cables Share Price analysis turns to fundamentals.
Universal Cables (UNIVCABLES) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 5,060.15 crore |
| P/E Ratio | 25.26x |
| P/B Ratio | 2.63x |
| ROE | 8.91% |
| ROCE | 11.69% |
| EPS | Rs 57.74 |
| Book Value Per Share | Rs 554.02 |
| Dividend Yield | 0.31% |
Universal Cables (UNIVCABLES) fundamental metrics show P/E 25.26x, P/B 2.63x, ROE 8.91%, ROCE 11.69%. These ratios show where the company stands today and are not a call to buy or sell.
Universal Cables has a market capitalisation of Rs 5,060.15 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 25.26x, P/B at 2.63x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 8.91% and ROCE of 11.69%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 57.74, book value per share of Rs 554.02, dividend yield of 0.31%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 26.57x, median ROE of 12.33%, median ROCE of 17.71%. Together they describe the fundamental backdrop without implying a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Electricals |
| Industry | Cable |
| Benchmark Scope | same industry |
| Company P/E Ratio | 25.26x |
| Benchmark Median P/E | 26.57x |
| Benchmark Average P/E | 35.88x |
| Benchmark P/E Range | 1.27x to 187.84x |
| Company P/B Ratio | 2.63x |
| Benchmark Median P/B | 2.72x |
| Benchmark Average P/B | -8.06x |
| Company ROE | 8.91% |
| Benchmark Median ROE | 12.33% |
| Benchmark Average ROE | 0.8% |
| Company ROCE | 11.69% |
| Benchmark Median ROCE | 17.71% |
| Benchmark Average ROCE | 17.54% |
| Company Market Capitalisation | Rs 5,060.15 crore |
| Benchmark Median Market Cap | Rs 620.22 crore |
| Benchmark Average Market Cap | Rs 9,495.11 crore |
Universal Cables (UNIVCABLES) operates in the Electricals sector, within the Cable industry.
Universal Cables (UNIVCABLES) has a P/E ratio of 25.26x, which is below the benchmark median of 26.57x, a difference of -4.93%. A P/E difference of this kind is a reference point rather than a recommendation.
Universal Cables (UNIVCABLES) has a ROE of 8.91%, which is below the benchmark median of 12.33%, a difference of -27.74%. Universal Cables (UNIVCABLES) has a ROCE of 11.69%, which is below the benchmark median of 17.71%, a difference of -33.99%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Polycab India | POLYCAB | 1,20,866.71 | 38.3 | 9.23 | 25.03 | 34.93 |
| Sterlite Technologies | STLTECH | 45,645.73 | 187.84 | 11.93 | 2.73 | 8.38 |
| KEI Industries | KEI | 42,514.47 | 42.65 | 6.13 | 14.77 | 20.23 |
| RR Kabel | RRKABEL | 26,996.59 | 44.43 | 9.72 | 20.83 | 28.43 |
| Diamond Power Infrastructure | DIACABS | 20,705.22 | 105.36 | 19.38 | NA | 11.8 |
Universal Cables (UNIVCABLES) has a P/E ratio of 25.26x compared with the displayed peer median of 44.43x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 8.91% compares with a peer median of 17.8% across the companies shown in the table. ROCE stood at 11.69% versus the displayed peer median of 20.23%, providing a capital-efficiency comparison. Universal Cables (UNIVCABLES) has a market capitalisation of Rs 5,060.15 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Universal Cables
- Universal Cables Share Price fell 6.39% in the latest session, with the stock at Rs 1,365.30 during the update.
- Universal Cables Share Price Today was recorded at the day’s low after opening above the previous close.
- Universal Cables Share Price sits in the Mid Cap category with market capitalisation of Rs 5,060.15 crore.
- Universal Cables Fundamental Analysis shows P/E of 25.26, P/B of 2.63, ROE of 8.91% and ROCE of 11.69%.
- Universal Cables Share Price News is also being read against the Electricals sector and Cable industry benchmark.
About Universal Cables
Universal Cables is part of the Electricals sector and the Cable industry. The company’s business profile is read through its market cap, valuation ratios and position within a broad set of listed cable names. In this Universal Cables Share Price update, the focus remains on the stock’s listed-market identity, its Mid Cap status and its place inside a competitive industry that includes large and smaller peers. For investors looking at Universal Cables Share News, the key point is that the company is judged alongside other cable businesses on valuation, return ratios and market capitalisation, not on any unverified narrative.
Track Universal Cables Share Price on Univest
Use Universal Cables (UNIVCABLES) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Readers can track Universal Cables Share Price on Univest for live share price updates, fundamental ratios, 52-week levels and market insights in one place. The platform also helps users follow Universal Cables Stock News, Universal Cables Share Price Today and related company data without switching between multiple sources. For stock market tracking, Univest keeps the Universal Cables Share Price story connected to valuation, sector context and peer comparison.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why did Universal Cables Share Price fall today?
Ans. Universal Cables Share Price fell 6.39% to Rs 1,365.30 in the latest session. The price move is confirmed in Univest data; a company-specific reason has not been established. The previous close was Rs 1,458.45.
What is the current Universal Cables Share Price?
Ans. Universal Cables Share Price stood at Rs 1,365.30 as of 21 October 2026 at 1:22:48 PM IST. It was down Rs 93.15 from the previous close of Rs 1,458.45. The stock moved 6.39% lower during the session.
What is Universal Cables market capitalisation?
Ans. Universal Cables had a market capitalisation of Rs 5,060.15 crore in this update. That places the company in the Mid Cap category and gives context to the latest Universal Cables Share Price move.
How did Universal Cables Share Price move during the day?
Ans. Universal Cables Share Price opened at Rs 1,476.15, touched a high of Rs 1,476.70 and a low of Rs 1,365.30. The latest traded level matched the day’s low in this update.
What does Universal Cables P/E ratio show?
Ans. Universal Cables has a P/E ratio of 25.26. In sector context, that sits below the cable industry median of 26.57 and below the benchmark average of 35.88 across 33 companies.
How does Universal Cables compare on ROE and ROCE?
Ans. Universal Cables reported ROE of 8.91% and ROCE of 11.69%. Both are below the cable industry medians of 12.33% and 17.71%, which matters in Universal Cables Share Price analysis. Comparable listed companies include Polycab India, Sterlite Technologies, KEI Industries.
What are the key valuation metrics for Universal Cables Share Price?
Ans. Universal Cables trades at a P/B of 2.63, EPS of Rs 57.74 and book value of Rs 554.02 per share. Dividend yield is 0.31%, which adds another layer to Universal Cables Share Price analysis.
How does Universal Cables compare with peers?
Ans. Universal Cables Share Price is below Polycab India, KEI Industries and RR Kabel on valuation multiples and profitability ratios. It also sits far below Sterlite Technologies on P/E and market capitalisation.
Where can investors track Universal Cables Share Price today?
Ans. Investors can track Universal Cables Share Price on Univest for live price updates, financial ratios, sector context and market insights. The same page also helps follow Universal Cables Stock News and related analysis.
