Universal Cables (UNIVCABLES) Share Price Falls 5.48% Today to Rs 1,491
- September 7, 2026
- Posted by: Harsh Piplani
- Category: News
Universal Cables Share Price fell to Rs 1,491 on 07 September 2026 at 1:23:09 PM IST, down 5.48% for the day, taking the company’s market capitalisation to Rs 5,473.02 crore. The Mid Cap cable stock drew attention after sliding Rs 86.45 from the previous close of Rs 1,577.45, making Universal Cables Share Price Today one of the more closely watched moves in the electricals space.
The supplied data confirms the share price decline, but it does not establish a company-specific catalyst behind today’s move. Even so, the stock is trending in market conversations because the fall comes with a notable reset from the day’s high of Rs 1,583.50 to an intraday low of Rs 1,489, while valuation and profitability metrics still place the company in a meaningful position within the Cable industry. For investors tracking Universal Cables Stock News on Univest, the key things to monitor next are whether price stabilises after this drop, how the stock stands against industry benchmarks, and how its returns profile compares with larger listed peers.
Universal Cables (UNIVCABLES) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,491 |
| Previous Close | Rs 1,577.45 |
| Today's Move | -Rs 86.45 (-5.48%) |
| Open | Rs 1,579.35 |
| High | Rs 1,583.5 |
| Low | Rs 1,489 |
| Turnover | Rs 4.53 crore |
| Market Capitalisation | Rs 5,473.02 crore |
| Market Cap Category | Mid Cap |
Universal Cables Share Price Today reflects a clear intraday deterioration. The stock opened at Rs 1,579.35, slightly above the previous close of Rs 1,577.45, and touched a day high of Rs 1,583.50 before reversing sharply. It later fell to a day low of Rs 1,489 and was trading at Rs 1,491, a decline of Rs 86.45 or 5.48%. Turnover stood at Rs 4.53 crore, indicating that the move was meaningful enough to put the counter firmly on investors’ radar in the broader Share Market Today.
From a positioning perspective, the stock now sits close to the day’s low, which usually tells investors that sellers retained control through the session rather than the price recovering meaningfully into the afternoon. As a Mid Cap name in the Electricals sector, Universal Cables Share Price also matters because such moves can quickly shift sentiment around sectoral stock updates. On the broader chart, the price is below its 50-day moving average of Rs 1,601.79 but remains above its 200-day moving average of Rs 1,087.78, while the RSI reading is 51.77, a broadly neutral momentum zone. That makes it important to move from price action to valuation and financial quality rather than relying on the day’s move alone.
Universal Cables (UNIVCABLES) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 5,473.02 crore |
| P/E Ratio | 27.32x |
| P/B Ratio | 2.85x |
| ROE | 8.91% |
| ROCE | 11.69% |
| EPS | Rs 57.74 |
| Book Value Per Share | Rs 554.02 |
| Dividend Yield | 0.29% |
Universal Cables Fundamental Analysisshows a business that is not cheaply valued on an absolute basis, but also not far away from its industry median on earnings. At the current price, the company trades at a P/E ratio of 27.32 and a P/B ratio of 2.85. Market capitalisation stands at Rs 5,473.02 crore, which gives the stock a clear Mid Cap identity but does not by itself speak to business quality.
Profitability metrics offer mixed context. Return on equity is 8.91%, while return on capital employed is 11.69%. Those numbers are positive, but they are not especially strong when tested against several larger cable peers. EPS stands at Rs 57.74, which shows the earnings attributable to each share, while book value per share is Rs 554.02, indicating the accounting net worth backing each share. Dividend yield is 0.29%, a modest historical payout relative to the current market price.
Taken together, Universal Cables Share Price is drawing attention today because the stock combines a visible price fall with still-material profitability, moderate book-value support and a valuation that is close enough to industry norms to invite closer financial analysis on Univest rather than a simple headline reaction.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Electricals |
| Industry | Cable |
| Benchmark Scope | same industry |
| Company P/E Ratio | 27.32x |
| Benchmark Median P/E | 26.63x |
| Benchmark Average P/E | 34.69x |
| Benchmark P/E Range | 1.13x to 158.65x |
| Company P/B Ratio | 2.85x |
| Benchmark Median P/B | 2.79x |
| Benchmark Average P/B | -7.93x |
| Company ROE | 8.91% |
| Benchmark Median ROE | 13.21% |
| Benchmark Average ROE | 4.83% |
| Company ROCE | 11.69% |
| Benchmark Median ROCE | 17.65% |
| Benchmark Average ROCE | 17.28% |
| Company Market Capitalisation | Rs 5,473.02 crore |
| Benchmark Median Market Cap | Rs 488.74 crore |
| Benchmark Average Market Cap | Rs 9,192.99 crore |
Universal Cables operates in the Electricals sector and the Cable industry, and the supplied sector snapshot gives useful context for today’s decline. Within the same-industry benchmark set of 34 companies, the company’s P/E of 27.32 is slightly above the median of 26.63 but below the average of 34.69. That places the stock near the middle of the industry valuation range rather than at an extreme. The full P/E range in the benchmark runs from 1.13 to 158.65 across 28 companies with available earnings multiples.
On price-to-book, Universal Cables stands at 2.85, marginally above the industry median of 2.79. The benchmark average is -7.93 because the broader set includes outliers, with the P/B range stretching from -407.14 to 21.03 across 34 companies. Profitability is a more demanding comparison point. Universal Cables reports ROE of 8.91 against an industry median of 13.21, although that is still above the average of 4.83. ROCE of 11.69 is below both the median of 17.65 and the average of 17.28.
Size-wise, the company’s Rs 5,473.02 crore market cap is well above the benchmark median of Rs 488.74 crore, though below the industry average of Rs 9,192.99 crore and far from the maximum of Rs 1,25,074.02 crore. For readers following Universal Cables Stock News on Univest, that suggests a company with meaningful scale in its niche, but not one matching the sector’s strongest profitability leaders.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Polycab India | POLYCAB | 1,25,074.02 | 43.67 | 9.84 | 25.03 | 34.93 |
| KEI Industries | KEI | 46,366.29 | 46.51 | 6.68 | 15.63 | 21.47 |
| Sterlite Technologies | STLTECH | 38,551.05 | 158.65 | 10.07 | 2.73 | 8.38 |
| RR Kabel | RRKABEL | 27,723.29 | 45.62 | 9.98 | 20.83 | 28.43 |
| Diamond Power Infrastructure | DIACABS | 20,014.45 | 101.85 | 21.03 | 0 | 0 |
Universal Cables sits in an interesting position when compared with listed cable peers. Its market cap of Rs 5,473.02 crore is far smaller than Polycab India at Rs 1,25,074.02 crore, KEI Industries at Rs 46,366.29 crore, Sterlite Technologies at Rs 38,551.05 crore and RR Kabel at Rs 27,723.29 crore, but remains above V-Marc India at Rs 4,690.24 crore and Laser Power & Infra at Rs 4,147.88 crore in the broader benchmark list.
On valuation, Universal Cables at 27.32 times earnings is much lower than Polycab at 43.67, KEI at 46.51, RR Kabel at 45.62 and Sterlite Technologies at 158.65. It is, however, slightly above Finolex Cables at 23.31 and close to Laser Power & Infra at 27.36. Its P/B of 2.85 is also far below most larger peers, including Polycab at 9.84, RR Kabel at 9.98 and Diamond Power Infrastructure at 21.03.
The trade-off is in returns. Universal Cables posts ROE of 8.91 and ROCE of 11.69, which trail Polycab’s 25.03 and 34.93, KEI’s 15.63 and 21.47, and RR Kabel’s 20.83 and 28.43. Even Finolex Cables shows stronger returns at 13.42 ROE and 17.70 ROCE. So while Universal Cables Share Price looks less demanding than many peers on valuation, the market may also be assigning a discount for comparatively lower profitability.
Why Investors Are Watching Universal Cables
- The stock fell 5.48% in a single session from Rs 1,577.45 to Rs 1,491.
- Intraday action weakened from a high of Rs 1,583.50 to a low of Rs 1,489.
- P/E at 27.32 sits close to the Cable industry median of 26.63.
- ROE of 8.91 and ROCE of 11.69 trail several major listed peers.
- The price is below the 50-day moving average of Rs 1,601.79 but above the 200-day moving average of Rs 1,087.78.
About Universal Cables
Universal Cables is part of the Electricals sector and operates in the Cable industry. Based on the supplied classification, the company is positioned in a listed peer set that includes large and mid-sized cable businesses such as Polycab India, KEI Industries, RR Kabel, Finolex Cables and Sterlite Technologies. With a market capitalisation of Rs 5,473.02 crore, it sits above the industry median company size in its benchmark universe, making it a meaningful participant in the listed cable segment tracked by Univest.
Track Universal Cables Share Price on Univest
UseUniversal Cables (UNIVCABLES) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
Investors tracking Universal Cables Share Price on Univest can follow live share price moves, valuation ratios, sector comparisons, peer metrics, shareholding pattern updates when available, and broader market insights in one place. Univest also helps users monitor 52-week levels, price action and chart context. In the latest market setup, the stock is below its 50-day moving average of Rs 1,601.79, above its 200-day moving average of Rs 1,087.78, and carries an RSI reading of 51.77.
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 Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Universal Cables falling today?
Ans. The supplied data confirms that Universal Cables fell 5.48% today to Rs 1,491 from the previous close of Rs 1,577.45. However, the available dataset does not establish a company-specific catalyst behind today’s share price decline.
What is Universal Cables Share Price today?
Ans. Universal Cables Share Price today is Rs 1,491 as of 1:23:09 PM IST on 07 September 2026. The stock was down Rs 86.45 for the session, after moving between Rs 1,583.50 and Rs 1,489 intraday.
How much market capitalisation does Universal Cables have?
Ans. Universal Cables has a market capitalisation of Rs 5,473.02 crore, placing it in the Mid Cap category. That size is above the Cable industry benchmark median of Rs 488.74 crore but below the benchmark average of Rs 9,192.99 crore.
Is Universal Cables expensive on P/E compared with its industry?
Ans. Universal Cables trades at a P/E of 27.32. That is slightly above the same-industry median of 26.63, but below the benchmark average of 34.69, suggesting valuation is near the middle of the listed Cable pack.
How does Universal Cables compare on price-to-book?
Ans. The stock trades at a P/B ratio of 2.85, compared with an industry median of 2.79. That places Universal Cables close to the sector middle on book-value valuation rather than at either the cheapest or richest end.
What do Universal Cables profitability ratios show?
Ans. Universal Cables reports ROE of 8.91% and ROCE of 11.69%. Both are positive, but they are below the industry medians of 13.21% for ROE and 17.65% for ROCE, pointing to relatively weaker profitability within peers.
What are the key per-share fundamentals of Universal Cables?
Ans. The company’s EPS stands at Rs 57.74, book value per share is Rs 554.02, and dividend yield is 0.29%. Together, these figures show earnings support, accounting net worth and a modest historical payout level.
How does Universal Cables compare with major cable peers?
Ans. Universal Cables trades at a lower P/E than Polycab, KEI, RR Kabel and Sterlite Technologies, but its ROE and ROCE are also lower than most of those larger peers. That points to a valuation discount alongside weaker returns.
Why is Universal Cables attracting attention on Univest today?
Ans. Univest is tracking the stock because today’s 5.48% decline is significant on its own, and it comes with useful context from valuation, peer comparison and industry benchmarks. That combination makes the move relevant beyond headline price action.
