Cords Cable Industries Ltd. (CORDSCABLE): Cords Cable Industries Share Price Rises 10.3% to Rs 312.05
- September 1, 2026
- Posted by: Harsh Piplani
- Category: News
Cords Cable Industries Share Price rose to Rs 312.05, up 10.3% today, with market capitalisation at Rs 365.73 crore.
Cords Cable Industries Share Price is in focus after a sharp one-session move from Rs 282.90 to Rs 312.05, a gain of Rs 29.15. The stock opened at Rs 287.50, touched a high of Rs 314.90, a low of Rs 283.55, and recorded turnover of Rs 1.3 crore. The supplied data confirms the move but does not identify any company-specific catalyst, so this remains a factual market update rather than an explanation of why the stock moved.
That said, the move stands out because the company is in the Electricals sector and Cable industry, where same-industry valuation and profitability benchmarks give useful context. Cords Cable Industries Ltd. currently trades at a P/E of 14.88 and P/B of 1.75, with ROE of 8.34%, ROCE of 16.35%, EPS of Rs 19.01, book value of Rs 162.07 and dividend yield of 0.42%.
Cords Cable Industries Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 312.05 |
| Previous Close | Rs 282.9 |
| Today's Move | Rs 29.15 (+10.3%) |
| Open | Rs 287.5 |
| High | Rs 314.9 |
| Low | Rs 283.55 |
| Turnover | Rs 1.3 crore |
| Market Capitalisation | Rs 365.73 crore |
| Market Cap Category | Micro Cap |
Cords Cable Industries Ltd. (CORDSCABLE) rose to Rs 312.05 from the previous close of Rs 282.9, a move of Rs 29.15 or 10.3%. The stock opened at Rs 287.5, reached a high of Rs 314.9, recorded a low of Rs 283.55.
The day’s trading range was Rs 31.35, calculated from Rs 283.55 to Rs 314.90. That range, along with the 10.3% gain, shows a strong session for the stock. The price also traded near the upper end of the range at Rs 312.05 at the time of the update.
Key verified session numbers are straightforward: previous close Rs 282.90, open Rs 287.50, high Rs 314.90, low Rs 283.55 and turnover Rs 1.3 crore. In absolute terms, the stock added Rs 29.15 in one day. For readers tracking Cords Cable Industries Share Price Today, the important point is that the stock remained well above the previous close throughout most of the observable range.
No event, filing, result or company announcement has been supplied here as the cause. Investors should therefore separate the price move from any unsupported narrative and focus on what the numbers clearly show: a strong daily gain and active trading interest.
Cords Cable Industries Ltd. (CORDSCABLE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 365.73 crore |
| P/E Ratio | 14.88x |
| P/B Ratio | 1.75x |
| ROE | 8.34% |
| ROCE | 16.35% |
| EPS | Rs 19.01 |
| Book Value Per Share | Rs 162.07 |
| Dividend Yield | 0.42% |
Cords Cable Industries Ltd. (CORDSCABLE) fundamental metrics show P/E 14.88x, P/B 1.75x, 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 365.73 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 14.88x, P/B at 1.75x 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 0.42%, 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 28.11x, median ROE of 13.43%, median ROCE of 18.91%. 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 | 14.88x |
| Benchmark Median P/E | 28.11x |
| Benchmark Average P/E | 35.25x |
| Benchmark P/E Range | 1.23x to 154.05x |
| Company P/B Ratio | 1.75x |
| Benchmark Median P/B | 3x |
| Company ROE | 8.34% |
| Benchmark Median ROE | 13.43% |
| Company ROCE | 16.35% |
| Benchmark Median ROCE | 18.91% |
| Company Market Capitalisation | Rs 365.73 crore |
| Benchmark Median Market Cap | Rs 595.72 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 14.88x, which is below the benchmark median of 28.11x, a difference of -47.07%. 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 13.43%, a difference of -37.9%. Cords Cable Industries Ltd. (CORDSCABLE) has a ROCE of 16.35%, which is below the benchmark median of 18.91%, a difference of -13.54%.
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 | 48.39 | 10.91 | 25.03 | 34.93 |
| KEI Industries Ltd. | KEI | 53,224.2 | 53.71 | 7.72 | 15.63 | 21.47 |
| Sterlite Technologies Ltd. | STLTECH | 37,166.06 | 154.05 | 9.78 | 2.73 | 8.38 |
| RR Kabel Ltd. | RRKABEL | 32,856.58 | 54.55 | 11.94 | 20.83 | 28.43 |
| Diamond Power Infrastructure Ltd. | DIACABS | 20,956.41 | 105.3 | 21.74 | 0 | 0 |
Cords Cable Industries Ltd. (CORDSCABLE) has a P/E ratio of 14.88x compared with the displayed peer median of 54.55x. 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 365.73 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Cords Cable Industries
- Strong one-day move: up Rs 29.15 or 10.3% to Rs 312.05.
- Wide active session: traded between Rs 283.55 and Rs 314.90 with Rs 1.3 crore turnover.
- Lower valuation than industry medians: P/E 14.88 versus 28.11 and P/B 1.75 versus 3.
- Positive but moderate profitability: ROE 8.34% and ROCE 16.35% are below industry medians.
- Clear peer contrast: much smaller than major cable names, with lower valuation multiples.
About Cords Cable Industries Ltd.
Cords Cable Industries Ltd. is a listed company in the Electricals sector and Cable industry. In the supplied benchmark set of 32 same-industry companies, it appears as a smaller listed player by market value at Rs 365.73 crore. The stock is therefore often best understood in relation to industry multiples and larger peers rather than in isolation.
From the supplied figures, the company’s profile is defined by lower-than-median valuation, positive returns on equity and capital employed, and a smaller market capitalisation than the named peer set. Those are the core facts available here.
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 the Cords Cable Industries Ltd. (CORDSCABLE) live share-price page and monitor broader momentum through the Univest top gainers screener. Additional market updates are available on Univest market blogs.
These pages help users follow price action, market cap, valuation ratios, benchmark comparisons and peer context in one place after a sharp move like today’s.
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 Cords Cable Industries Share Price rising today?
Ans. The supplied data shows that Cords Cable Industries Share Price rose 10.3% to Rs 312.05, up Rs 29.15 from Rs 282.90. However, no company-specific catalyst has been provided in the data.
What is Cords Cable Industries Share Price Today?
Ans. Cords Cable Industries Share Price Today is Rs 312.05. The stock opened at Rs 287.50, hit a high of Rs 314.90 and a low of Rs 283.55. The previous close was Rs 282.9.
Is the stock cheap or expensive versus its industry?
Ans. On the supplied benchmark, the stock trades at P/E 14.88 versus the same-industry median of 28.11, and P/B 1.75 versus the median of 3. That indicates lower valuation than the benchmark, though profitability is also below median with ROE 8.34%.
How does it compare with major cable peers?
Ans. It is far smaller by market capitalisation at Rs 365.73 crore than Polycab India Ltd. at Rs 1,37,040.38 crore, KEI Industries Ltd. at Rs 53,224.2 crore, Sterlite Technologies Ltd. at Rs 37,166.06 crore, RR Kabel Ltd. at Rs 32,856.58 crore.
