Is Birla Cable the Best Stock in Its Sector? A Look at the Numbers
- September 24, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Birla Cable CMP Rs 351 (24 Sep 2026). Market cap Rs 1,087 Cr. ROE 6.02%. P/E 23.50x versus Industry P/E 48.33x.
Quick Answer
Birla Cable is one of the names investors compare when screening the Capital Goods sector, built on a 6.02% return on equity and a P/E of 23.50x against an Industry P/E of 48.33x. Whether Birla Cable is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Capital Goods sector peers, so you can judge that for yourself.
Is Birla Cable the best stock in its sector? The stock trades on the NSE at Rs 351 as of 24 September 2026, within its 52-week range of Rs 104.00 to Rs 418.80. Birla Cable Ltd manufactures telecom and power cables, part of the Birla Group.
Birla Cable sits in the Capital Goods sector, and its 6.02% ROE and 23.50x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Birla Cable
Birla Cable Ltd manufactures telecom and power cables, part of the Birla Group. It manufactures telecom and power cables, part of the Birla Group, and the stock fell over 3 percent in today’s session on above-average volume. At a market capitalisation of Rs 1,087 Cr, it is tracked as part of the Capital Goods sector on Univest.
Is Birla Cable the Best Stock in Its Sector?
Birla Cable makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 6.02% ROE with a 23.50x P/E against the sector’s 48.33x Industry P/E. Birla Cable’s 23.50x P/E is well below the 48.33x Industry P/E, though its 6.02% ROE trails Bharat Bijlee and Atlanta Electricals in this series, and the stock fell over 3 percent on above-average volume in today’s session.
| Metric | Birla Cable |
|---|---|
| CMP (NSE) | Rs 350.70 |
| 52-Week High / Low | Rs 418.80 / Rs 104.00 |
| Market Cap | Rs 1,087 Cr |
| P/E (TTM) vs Industry P/E | 23.50x vs 48.33x |
| P/B | 3.87 |
| ROE | 6.02% |
| EPS (TTM) | Rs 15.41 |
| Dividend Yield | 0.35% |
| Debt to Equity | 0.47 |
Compare Birla Cable Against Other Capital Goods Sector Stocks
How Birla Cable Compares Against Its Capital Goods Sector Peers
The table below sets Birla Cable against 2 other Capital Goods sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Birla Cable | 1,087 | 23.50 | 6.02% | 0.47 |
| Bharat Bijlee | 2,530 | 22.62 | 5.92% | 0.15 |
| Atlanta Electricals | 12,852 | 59.10 | 21.71% | 0.05 |
| Peer average (2 companies) | – | 40.86 | 13.82% | 0.10 |
Against this peer set, Birla Cable’s 6.02% ROE is below the 13.82% peer average, and its P/E of 23.50x runs below the peer average of 40.86x. Birla Cable’s 23.50x P/E is well below the 48.33x Industry P/E, though its 6.02% ROE trails Bharat Bijlee and Atlanta Electricals in this series, and the stock fell over 3 percent on above-average volume in today’s session.
What Makes Birla Cable Worth Watching in Capital Goods
- Well below Industry P/E: A 23.50x P/E against a 48.33x Industry P/E is a significant discount relative to the Capital Goods sector.
- Telecom and power cable manufacturing: Manufacturing both telecom and power cables gives Birla Cable exposure to India’s telecom and electrification infrastructure spending.
- Moderate leverage: A debt to equity ratio of 0.47 is manageable for a cable manufacturing business.
Birla Cable Valuation: Is It Justified?
Birla Cable’s 23.50x P/E is well below the 48.33x Industry P/E, though its 6.02% ROE trails Bharat Bijlee and Atlanta Electricals in this series, and the stock fell over 3 percent on above-average volume in today’s session. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Bharat Bijlee the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Birla Cable and other Capital Goods sector stocks.
How to Track Birla Cable Before You Invest
Before deciding whether Birla Cable deserves its label as the best stock in its sector for your own portfolio, compare it directly against Capital Goods sector peers using the steps below.
- Open the Univest Screener and search for Birla Cable to view live price, valuation ratios, and peer comparisons within the Capital Goods sector.
- Compare its P/E, P/B, and ROE against other Capital Goods sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Birla Cable earns a place in the best stock in its sector conversation on the strength of a 6.02% ROE and a P/E of 23.50x against a 48.33x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
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).
Is Birla Cable the best stock in its sector?
Ans. Birla Cable has a 6.02% ROE and trades at 23.50x P/E against a 48.33x Industry P/E, and compares below the peer average ROE of 13.82% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Birla Cable?
Ans. Birla Cable was trading at Rs 350.70 on the NSE as of 24 September 2026, within its 52-week range of Rs 104.00 to Rs 418.80.
What sector does Birla Cable belong to?
Ans. Birla Cable is classified under the Capital Goods sector on Univest.
How does Birla Cable compare to its sector peers on P/E?
Ans. Birla Cable’s P/E of 23.50x is below the 40.86x average of the 2 named peers compared in this article.
What is Birla Cable’s return on equity?
Ans. Birla Cable reported a return on equity of 6.02%, which is below the 13.82% average of its named peers in this comparison.
Should I invest in Birla Cable based on its sector position?
Ans. Birla Cable’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
