{"id":233469,"date":"2026-09-07T13:31:18","date_gmt":"2026-09-07T08:01:18","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=233469"},"modified":"2026-10-21T13:29:16","modified_gmt":"2026-10-21T07:59:16","slug":"why-universal-cables-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/","title":{"rendered":"Universal Cables (UNIVCABLES) Share Price Falls 6.39% as Mid Cap Stays in Focus"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/univcables\/universal-cables-ltd-share-price-today\">Universal Cables (UNIVCABLES)<\/a> share price fell to Rs 1,365.3 today, down 6.39% from the previous close. Market cap was Rs 5,060.15 crore.<\/em><\/div>\n<div>\n<p style=\"margin-top:0!important;\">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\u2019s 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\u2019s 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.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#Universal_Cables_UNIVCABLES_Share_Price_Today_Price_Action_Analysis\" title=\"Universal Cables (UNIVCABLES) Share Price Today: Price Action Analysis\">Universal Cables (UNIVCABLES) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#Universal_Cables_UNIVCABLES_Fundamental_Analysis\" title=\"Universal Cables (UNIVCABLES) Fundamental Analysis\">Universal Cables (UNIVCABLES) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#Why_Investors_Are_Watching_Universal_Cables\" title=\"Why Investors Are Watching Universal Cables\">Why Investors Are Watching Universal Cables<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#About_Universal_Cables\" title=\"About Universal Cables\">About Universal Cables<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#Track_Universal_Cables_Share_Price_on_Univest\" title=\"Track Universal Cables Share Price on Univest\">Track Universal Cables Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#Why_did_Universal_Cables_Share_Price_fall_today\" title=\"Why did Universal Cables Share Price fall today?\">Why did Universal Cables Share Price fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#What_is_the_current_Universal_Cables_Share_Price\" title=\"What is the current Universal Cables Share Price?\">What is the current Universal Cables Share Price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#What_is_Universal_Cables_market_capitalisation\" title=\"What is Universal Cables market capitalisation?\">What is Universal Cables market capitalisation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#How_did_Universal_Cables_Share_Price_move_during_the_day\" title=\"How did Universal Cables Share Price move during the day?\">How did Universal Cables Share Price move during the day?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#What_does_Universal_Cables_PE_ratio_show\" title=\"What does Universal Cables P\/E ratio show?\">What does Universal Cables P\/E ratio show?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#How_does_Universal_Cables_compare_on_ROE_and_ROCE\" title=\"How does Universal Cables compare on ROE and ROCE?\">How does Universal Cables compare on ROE and ROCE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#What_are_the_key_valuation_metrics_for_Universal_Cables_Share_Price\" title=\"What are the key valuation metrics for Universal Cables Share Price?\">What are the key valuation metrics for Universal Cables Share Price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#How_does_Universal_Cables_compare_with_peers\" title=\"How does Universal Cables compare with peers?\">How does Universal Cables compare with peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/why-universal-cables-share-price-fall-today-2026\/#Where_can_investors_track_Universal_Cables_Share_Price_today\" title=\"Where can investors track Universal Cables Share Price today?\">Where can investors track Universal Cables Share Price today?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Universal_Cables_UNIVCABLES_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Universal Cables (UNIVCABLES) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,365.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,458.45<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 93.15 (-6.39%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,476.15<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,476.7<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,365.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 5,060.15 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Mid Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>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\u2019s 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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Universal_Cables_UNIVCABLES_Fundamental_Analysis\"><\/span><strong>Universal Cables (UNIVCABLES) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 5,060.15 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">25.26x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.63x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.91%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.69%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 57.74<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 554.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.31%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>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.<\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Electricals<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Cable<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">25.26x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">26.57x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">35.88x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.27x to 187.84x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.63x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.72x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-8.06x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.91%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.33%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.69%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">17.71%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">17.54%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 5,060.15 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 620.22 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 9,495.11 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Universal Cables (UNIVCABLES) operates in the Electricals sector, within the Cable industry.<\/p>\n<p>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.<\/p>\n<p>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%.<\/p>\n<p>Track stocks among today&#39;s decliners through the <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/polycab\/polycab-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Polycab India<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">POLYCAB<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,20,866.71<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">38.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.23<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">25.03<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">34.93<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/stltech\/sterlite-technologies-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Sterlite Technologies<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">STLTECH<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">45,645.73<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">187.84<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.93<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.73<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.38<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/kei\/kei-industries-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>KEI Industries<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">KEI<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">42,514.47<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">42.65<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.13<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.77<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.23<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/rrkabel\/rr-kabel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>RR Kabel<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">RRKABEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">26,996.59<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">44.43<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.72<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.83<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">28.43<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/diacabs\/diamond-power-infrastructure-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Diamond Power Infrastructure<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">DIACABS<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20,705.22<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">105.36<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.38<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">NA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.8<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Universal_Cables\"><\/span><strong>Why Investors Are Watching Universal Cables<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Universal Cables Share Price fell 6.39% in the latest session, with the stock at Rs 1,365.30 during the update.<\/li>\n<li>Universal Cables Share Price Today was recorded at the day\u2019s low after opening above the previous close.<\/li>\n<li>Universal Cables Share Price sits in the Mid Cap category with market capitalisation of Rs 5,060.15 crore.<\/li>\n<li>Universal Cables Fundamental Analysis shows P\/E of 25.26, P\/B of 2.63, ROE of 8.91% and ROCE of 11.69%.<\/li>\n<li>Universal Cables Share Price News is also being read against the Electricals sector and Cable industry benchmark.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Universal_Cables\"><\/span><strong>About Universal Cables<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Universal Cables is part of the Electricals sector and the Cable industry. The company\u2019s 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\u2019s 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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Universal_Cables_Share_Price_on_Univest\"><\/span><strong>Track Universal Cables Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/univcables\/universal-cables-ltd-share-price-today\">Universal Cables (UNIVCABLES) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top decliners and related market analysis.<\/p>\n<p>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.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Universal_Cables_Share_Price_fall_today\"><\/span><strong>Why did Universal Cables Share Price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_Universal_Cables_Share_Price\"><\/span><strong>What is the current Universal Cables Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Universal_Cables_market_capitalisation\"><\/span><strong>What is Universal Cables market capitalisation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Universal_Cables_Share_Price_move_during_the_day\"><\/span><strong>How did Universal Cables Share Price move during the day?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;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\u2019s low in this update.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Universal_Cables_PE_ratio_show\"><\/span><strong>What does Universal Cables P\/E ratio show?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Universal_Cables_compare_on_ROE_and_ROCE\"><\/span><strong>How does Universal Cables compare on ROE and ROCE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_valuation_metrics_for_Universal_Cables_Share_Price\"><\/span><strong>What are the key valuation metrics for Universal Cables Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Universal_Cables_compare_with_peers\"><\/span><strong>How does Universal Cables compare with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_investors_track_Universal_Cables_Share_Price_today\"><\/span><strong>Where can investors track Universal Cables Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;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.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why did Universal Cables Share Price fall today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"What is the current Universal Cables Share Price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"What is Universal Cables market capitalisation?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Universal Cables had a market capitalisation of Rs 5,060.15 crore in this update. 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It also sits far below Sterlite Technologies on P\/E and market capitalisation.\"}},{\"@type\":\"Question\",\"name\":\"Where can investors track Universal Cables Share Price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Universal Cables Share Price fell 6.39% to Rs 1,365.30 today. Market cap stands at Rs 5,060.15 crore.<\/p>\n","protected":false},"author":35,"featured_media":320322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-233469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["320322"],"rank_math_title":["Universal Cables Share Price Today: 6.39% Fall and Valuation"],"rank_math_description":["Universal Cables Share Price fell 6.39% to Rs 1,365.30. Read price action, valuation, sector context and peer comparison in one note."],"rank_math_focus_keyword":["Universal Cables Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/Universal_Cables_UNIVCABLES_Share_Price_Falls_639_as_Mid_Cap_Stays_in_Focus_bearish.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/233469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=233469"}],"version-history":[{"count":5,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/233469\/revisions"}],"predecessor-version":[{"id":320325,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/233469\/revisions\/320325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/320322"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=233469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=233469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=233469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}