Cords Cable Industries Ltd. (CORDSCABLE): Cords Cable Industries Share Price Rises 8.79% Today as Market Cap Stands at Rs 321.97 Cr
- August 31, 2026
- Posted by: Harsh Piplani
- Category: News
Cords Cable Industries Share Price rose today, with the stock closing at Rs 270.95 after a gain of 8.79% from the previous close of Rs 249.05. The move lifted the company’s market capitalisation to Rs 321.97 Cr, placing Cords Cable Industries Ltd. back in focus in Cords Cable Industries Stock News and Share Market Today coverage. The day opened at Rs 251.05, touched an intraday high of Rs 272 and low of Rs 251.05, and ended close to the session high.
The supplied data confirms a clear same-day price rise, but it does not establish a company-specific catalyst. For readers tracking Cords Cable Industries Share Price Today, the more useful context is the combination of the day’s price action, turnover of Rs 0.09 Cr, valuation, profitability and sector comparison. Univest is framing this as an event-led update, not a recommendation. Investors can monitor how the stock behaves against its cable peers, how the valuation compares with the same-industry benchmark and whether the latest move is followed by further stock updates in the Indian stock market.
Cords Cable Industries Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 270.95 |
| Previous Close | Rs 249.05 |
| Today's Move | Rs 21.9 (+8.79%) |
| Open | Rs 251.05 |
| High | Rs 272 |
| Low | Rs 251.05 |
| Turnover | Rs 0.09 crore |
| Market Capitalisation | Rs 321.97 crore |
| Market Cap Category | Micro Cap |
Cords Cable Industries Ltd. (CORDSCABLE) rose to Rs 270.95 from the previous close of Rs 249.05, a move of Rs 21.9 or 8.79%. The stock opened at Rs 251.05, reached a high of Rs 272, recorded a low of Rs 251.05.
Cords Cable Industries Share Price Today reflects an 8.79% rise on the session, with the stock moving from the previous close of Rs 249.05 to Rs 270.95. The intraday range stayed between Rs 251.05 and Rs 272, while turnover stood at Rs 0.09 Cr. These figures show the exact shape of today’s move without assigning an unverified reason. Univest is highlighting the factual price action so readers can see how the share price update unfolded during the day.
The stock’s day gain of Rs 21.90 is the most visible event in today’s stock news. Because the close finished near the high of the day, the market could note a firm finish in the price series, but the supplied data alone does not establish why the stock is rising today. That distinction matters for anyone following Cords Cable Industries Share Price, Cords Cable Industries Share Price Today and broader Stocks in News coverage.
Cords Cable Industries Ltd. (CORDSCABLE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 321.97 crore |
| P/E Ratio | 13.1x |
| P/B Ratio | 1.54x |
| ROE | 8.34% |
| ROCE | 16.35% |
| EPS | Rs 19.01 |
| Book Value Per Share | Rs 162.07 |
| Dividend Yield | 0.48% |
Cords Cable Industries Ltd. (CORDSCABLE) fundamental metrics show P/E 13.1x, P/B 1.54x, ROE 8.34%, ROCE 16.35%. These figures provide context only and are not a buy or sell signal.
Cords Cable Industries Ltd. has a market capitalisation of Rs 321.97 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 13.1x, P/B at 1.54x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 8.34% and ROCE of 16.35%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 19.01, book value per share of Rs 162.07, dividend yield of 0.48%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 28.02x, median ROE of 13.21%, median ROCE of 17.65%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Electricals |
| Industry | Cable |
| Benchmark Scope | same industry |
| Company P/E Ratio | 13.1x |
| Benchmark Median P/E | 28.02x |
| Benchmark Average P/E | 35.25x |
| Benchmark P/E Range | 1.23x to 152.95x |
| Company P/B Ratio | 1.54x |
| Benchmark Median P/B | 2.85x |
| Company ROE | 8.34% |
| Benchmark Median ROE | 13.21% |
| Company ROCE | 16.35% |
| Benchmark Median ROCE | 17.65% |
| Company Market Capitalisation | Rs 321.97 crore |
| Benchmark Median Market Cap | Rs 497 crore |
Cords Cable Industries Ltd. (CORDSCABLE) is classified under sector: Electricals and industry: Cable.
Cords Cable Industries Ltd. (CORDSCABLE) has a P/E ratio of 13.1x, which is below the benchmark median of 28.02x, a difference of -53.25%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Cords Cable Industries Ltd. (CORDSCABLE) has a ROE of 8.34%, which is below the benchmark median of 13.21%, a difference of -36.87%. Cords Cable Industries Ltd. (CORDSCABLE) has a ROCE of 16.35%, which is below the benchmark median of 17.65%, a difference of -7.37%.
Track stocks leading today through the Univest top gainers 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 Ltd. | POLYCAB | 1,37,040.38 | 47.85 | 10.78 | 25.03 | 34.93 |
| KEI Industries Ltd. | KEI | 53,224.2 | 53.39 | 7.67 | 15.63 | 21.47 |
| Sterlite Technologies Ltd. | STLTECH | 37,166.06 | 152.95 | 9.71 | 2.73 | 8.38 |
| RR Kabel Ltd. | RRKABEL | 32,856.58 | 54.07 | 11.83 | 20.83 | 28.43 |
| Diamond Power Infrastructure Ltd. | DIACABS | 20,956.41 | 106.64 | 22.01 | 0 | 0 |
Cords Cable Industries Ltd. (CORDSCABLE) has a P/E ratio of 13.1x compared with the displayed peer median of 54.07x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 8.34% compares with a peer median of 15.63% across the companies shown in the table. ROCE stood at 16.35% versus the displayed peer median of 21.47%, providing a capital-efficiency comparison. Cords Cable Industries Ltd. (CORDSCABLE) has a market capitalisation of Rs 321.97 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Cords Cable Industries
- Cords Cable Industries Share Price rose 8.79% today to Rs 270.95 after closing above the previous close of Rs 249.05.
- The stock’s market capitalisation stands at Rs 321.97 Cr, which places it below the industry median market cap of Rs 497 Cr.
- Cords Cable Industries Share Price Today shows a P/E of 13.1 and P/B of 1.54, both below the same-industry median.
- ROE is 8.34% and ROCE is 16.35%, giving a clear profitability comparison against the cable sector benchmark.
- The share price moved within a day range of Rs 251.05 to Rs 272, with turnover of Rs 0.09 Cr.
About Cords Cable Industries
Cords Cable Industries Ltd. operates in the Electricals sector and the Cable industry. Its business is tied to cable manufacturing and related electrical products, which positions the company within a competitive listed peer group that includes larger cable names and smaller industry participants. For readers searching Cords Cable Industries Company News, the important point is that the business sits inside a clearly benchmarked industrial category rather than an unrelated sector.
Track Cords Cable Industries Share Price on Univest
Use Cords Cable Industries Ltd. (CORDSCABLE) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Readers can track Cords Cable Industries Share Price on Univest for live share price updates, fundamental ratios, shareholding pattern, 52-week levels and market insights. The platform also helps users compare Cords Cable Industries Stock Analysis with sector peers, financial ratios and company-specific stock updates in one place. Univest keeps the information structured for quick reading on mobile and desktop.
For anyone searching Cords Cable Industries Latest News, Cords Cable Industries Share Price Live or Cords Cable Industries Share Price Update, Univest brings the key metrics together without adding unsupported interpretation. That makes it easier to follow the stock news, sector context and company overview in a single place.
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 did Cords Cable Industries share price rise today?
Ans. The stock rose 8.79% today to Rs 270.95 from Rs 249.05. The supplied data confirms the price rise, but it does not establish a company-specific catalyst behind the move. The previous close was Rs 249.05.
What is Cords Cable Industries share price today?
Ans. Cords Cable Industries Share Price Today is Rs 270.95. The stock added Rs 21.90 in the session and closed near the day’s high of Rs 272 after opening at Rs 251.05.
What is the market cap of Cords Cable Industries?
Ans. Cords Cable Industries has a market capitalisation of Rs 321.97 Cr. That places the company below the same-industry median market cap of Rs 497 Cr across 34 cable peers. The company operates in the Electricals sector.
How does Cords Cable Industries compare on valuation?
Ans. The company’s P/E is 13.1 and P/B is 1.54. Both are below the same-industry median figures of 28.02 and 2.85, which gives the stock a lower valuation profile than many peers.
What do ROE and ROCE show for Cords Cable Industries?
Ans. ROE stands at 8.34% and ROCE at 16.35%. ROE is below the industry median of 13.21%, while ROCE is slightly below the median of 17.65% and close to the industry average.
How do the earnings and book value look?
Ans. EPS is Rs 19.01 and book value is Rs 162.07 per share. EPS reflects earnings attributable to each share, while book value shows the accounting net worth behind each share.
Is Cords Cable Industries compared with cable peers?
Ans. Yes. The article compares it with Polycab India, KEI Industries, Sterlite Technologies, RR Kabel, Diamond Power Infrastructure, Finolex Cables, Universal Cables, Precision Wires India, V-Marc India and Laser Power & Infra.
What should readers watch next in Cords Cable Industries Stock News?
Ans. Readers can watch whether the share price remains near today’s high, how the company’s valuation compares with peers, and whether future stock news adds any verified company-specific context to the move.
