{"id":235372,"date":"2026-09-08T14:59:13","date_gmt":"2026-09-08T09:29:13","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=235372"},"modified":"2026-09-08T14:59:13","modified_gmt":"2026-09-08T09:29:13","slug":"why-ultracab-india-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-ultracab-india-share-price-fall-today-2026\/","title":{"rendered":"Ultracab (India) (ULTRACAB) Share Price Falls 8.84% Today to Rs 8.97"},"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\/ultracab\/ultracab-(india)-ltd-share-price-today\">Ultracab (India) (ULTRACAB)<\/a>share price fell to Rs 8.97 today, down 8.84% from the previous close. Market cap was Rs 120.99 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">Ultracab (India) Share Price fell to Rs 8.97 on 08 September 2026, down 8.84% for the day from the previous close of Rs 9.84. The move took the company\u2019s market capitalisation to Rs 120.99 crore and placed the Micro Cap cable stock among notable decliners in the market snapshot.<\/p>\n<p>The supplied data shows a session that weakened after the open. The stock opened at Rs 10.29, which also stood as the day\u2019s high, and later fell to a low of Rs 8.86. With turnover at Rs 2.89 crore, the price action was meaningful relative to the company\u2019s size, even though the dataset does not identify a company-specific trigger for the fall.<\/p>\n<p>That leaves investors with a straightforward question: what does today\u2019s decline look like when seen alongside valuation, profitability and industry positioning? The answer is mixed. On earnings valuation, the company is near the industry median. On profitability and scale, it trails larger cable peers by a clear margin.<\/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-ultracab-india-share-price-fall-today-2026\/#Ultracab_India_ULTRACAB_Share_Price_Today_Price_Action_Analysis\" title=\"Ultracab (India) (ULTRACAB) Share Price Today: Price Action Analysis\">Ultracab (India) (ULTRACAB) 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-ultracab-india-share-price-fall-today-2026\/#Ultracab_India_ULTRACAB_Fundamental_Analysis\" title=\"Ultracab (India) (ULTRACAB) Fundamental Analysis\">Ultracab (India) (ULTRACAB) 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-ultracab-india-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-ultracab-india-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-ultracab-india-share-price-fall-today-2026\/#Why_Investors_Are_Watching_Ultracab_India\" title=\"Why Investors Are Watching Ultracab (India)\">Why Investors Are Watching Ultracab (India)<\/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-ultracab-india-share-price-fall-today-2026\/#About_Ultracab_India\" title=\"About Ultracab (India)\">About Ultracab (India)<\/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-ultracab-india-share-price-fall-today-2026\/#Track_Ultracab_India_Share_Price_on_Univest\" title=\"Track Ultracab (India) Share Price on Univest\">Track Ultracab (India) 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-ultracab-india-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-ultracab-india-share-price-fall-today-2026\/#Why_did_Ultracab_India_Share_Price_fall_today\" title=\"Why did Ultracab (India) Share Price fall today?\">Why did Ultracab (India) 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-ultracab-india-share-price-fall-today-2026\/#What_is_the_latest_Ultracab_India_Share_Price_today\" title=\"What is the latest Ultracab (India) Share Price today?\">What is the latest Ultracab (India) Share Price today?<\/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-ultracab-india-share-price-fall-today-2026\/#What_does_todays_intraday_movement_show\" title=\"What does today\u2019s intraday movement show?\">What does today\u2019s intraday movement show?<\/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-ultracab-india-share-price-fall-today-2026\/#What_is_Ultracab_Indias_market_capitalisation\" title=\"What is Ultracab (India)\u2019s market capitalisation?\">What is Ultracab (India)\u2019s market capitalisation?<\/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-ultracab-india-share-price-fall-today-2026\/#Is_the_stock_expensive_on_valuation\" title=\"Is the stock expensive on valuation?\">Is the stock expensive on valuation?<\/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-ultracab-india-share-price-fall-today-2026\/#How_profitable_is_Ultracab_India_versus_its_industry\" title=\"How profitable is Ultracab (India) versus its industry?\">How profitable is Ultracab (India) versus its industry?<\/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-ultracab-india-share-price-fall-today-2026\/#What_do_EPS_book_value_and_dividend_yield_show\" title=\"What do EPS, book value and dividend yield show?\">What do EPS, book value and dividend yield show?<\/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-ultracab-india-share-price-fall-today-2026\/#How_does_Ultracab_compare_with_larger_cable_peers\" title=\"How does Ultracab compare with larger cable peers?\">How does Ultracab compare with larger cable peers?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Ultracab_India_ULTRACAB_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Ultracab (India) (ULTRACAB) 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 8.97<\/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 9.84<\/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 0.87 (-8.84%)<\/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 10.29<\/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 10.29<\/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 8.86<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2.89 crore<\/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 120.99 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;\">Micro Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Intraday data points to a weak session structure. The stock started at Rs 10.29, never traded above that level, and then moved down to Rs 8.86 before being recorded at Rs 8.97. In other words, the opening print was also the high, while the last quoted level sat close to the day\u2019s low.<\/p>\n<p>That pattern often attracts attention because it suggests sellers remained in control through much of the session. The stock did not just close below the previous close; it also gave up the early premium implied by the open. For a Micro Cap counter, that combination can make the day\u2019s movement stand out on price screens.<\/p>\n<p>Turnover of Rs 2.89 crore adds context. While not enough by itself to explain the move, it indicates that the decline happened alongside active trading relative to the company\u2019s Rs 120.99 crore market value. The data confirms the move, but it does not confirm a reason behind it.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ultracab_India_ULTRACAB_Fundamental_Analysis\"><\/span><strong>Ultracab (India) (ULTRACAB) 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 120.99 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;\">24.4x<\/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;\">1.29x<\/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;\">6.21%<\/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;\">8.39%<\/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 0.4<\/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 7.63<\/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%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fundamental picture is modest rather than extreme. The stock trades at a P\/E ratio of 24.4 and a P\/B ratio of 1.29. Return on equity stands at 6.21%, while return on capital employed is 8.39%.<\/p>\n<p>EPS is Rs 0.4 and book value per share is Rs 7.63, placing the latest price only moderately above book value. Dividend yield is 0 based on the supplied figures. Taken together, these numbers do not show a richly rated business on book value, but they also do not show strong return ratios.<\/p>\n<p>This matters because valuation multiples alone can be misleading in the cable segment. A company can look inexpensive on P\/B or near-median on P\/E, yet still trail peers on capital efficiency and profitability. That is the main balancing factor in the current data for Ultracab (India) Share Price.<\/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;\">24.4x<\/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;\">25.13x<\/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;\">34.45x<\/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;\">1.08x to 166.58x<\/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;\">1.29x<\/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;\">3.12x<\/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;\">-7.7x<\/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;\">6.21%<\/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;\">13.21%<\/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;\">5.07%<\/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;\">8.39%<\/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;\">18.86%<\/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;\">19.26%<\/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 120.99 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 592.74 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 9,751.89 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Ultracab operates in the Electricals sector within the Cable industry, and the benchmark set covers 32 same-industry companies. Against that sample, the company\u2019s P\/E of 24.4 is close to the median of 25.13 and below the average of 34.45.<\/p>\n<p>The valuation picture on book value is lower than the sector midpoint. The company\u2019s P\/B of 1.29 is below the median P\/B of 3.12. The reported average P\/B for the group is -7.7, with a minimum of -407.14 and a maximum of 20.96, showing that outliers distort the average and make the median more useful for comparison.<\/p>\n<p>Profitability is where the gap is more visible. ROE of 6.21% is below the industry median of 13.21%, though above the average of 5.07%. ROCE of 8.39% is below both the median of 18.86% and the average of 19.26%.<\/p>\n<p>Scale is also well below the benchmark midpoint. A market cap of Rs 120.99 crore compares with a same-industry median of Rs 592.74 crore and an average of Rs 9,751.89 crore. So the stock\u2019s current profile is that of a much smaller player trading around median earnings valuation but below-median profitability.<\/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;\">1,25,074.02<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">43.43<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.79<\/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\/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;\">46,366.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">45.03<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.47<\/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\/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;\">38,551.05<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">166.58<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.58<\/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\/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;\">27,723.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">44.45<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.73<\/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;\">20,014.45<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">101.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.96<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Peer data reinforces the same point. Ultracab is far smaller than leading listed cable companies and generally lower on return ratios than established peers such as Polycab India, KEI Industries and RR Kabel.<\/p>\n<p>Polycab India shows P\/E of 43.43, P\/B of 9.79, ROE of 25.03% and ROCE of 34.93%, with market cap at Rs 1,25,074.02 crore. KEI Industries stands at P\/E 45.03, P\/B 6.47, ROE 14.77% and ROCE 20.23%, with market cap of Rs 46,366.29 crore. RR Kabel reports P\/E 44.45, P\/B 9.73, ROE 20.83% and ROCE 28.43%, with market cap at Rs 27,723.29 crore.<\/p>\n<p>Sterlite Technologies has a very different valuation mix, with P\/E of 166.58 and P\/B of 10.58, while ROE is 2.73% and ROCE is 8.38%, almost identical to Ultracab\u2019s 8.39% ROCE. Diamond Power Infrastructure trades at P\/E 101.55 and P\/B 20.96, with both ROE and ROCE at 0. Compared with this group, Ultracab (India) Share Price appears tied more to smaller scale and lower returns than to premium sector positioning.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Ultracab_India\"><\/span><strong>Why Investors Are Watching Ultracab (India)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The stock fell 8.84% in a single day to Rs 8.97.<\/li>\n<li>It opened at Rs 10.29, which was also the day\u2019s high, and later moved down to Rs 8.86.<\/li>\n<li>Turnover reached Rs 2.89 crore despite the company\u2019s Micro Cap size.<\/li>\n<li>P\/E of 24.4 is close to the same-industry median of 25.13.<\/li>\n<li>ROE of 6.21% and ROCE of 8.39% remain below industry medians.<\/li>\n<li>Market cap of Rs 120.99 crore is well below larger listed cable peers.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Ultracab_India\"><\/span><strong>About Ultracab (India)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The company is part of the Electricals sector and is classified under the Cable industry. Based on the supplied market data, it sits in the Micro Cap category with a market capitalisation of Rs 120.99 crore. That scale matters when its valuation and operating ratios are compared with much larger organised players in the same space.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Ultracab_India_Share_Price_on_Univest\"><\/span><strong>Track Ultracab (India) Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use<a href=\"https:\/\/univest.in\/stocks\/ultracab\/ultracab-(india)-ltd-share-price-today\">Ultracab (India) (ULTRACAB) 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>On Univest, readers can track Ultracab (India) Share Price through live quotes, market-cap changes and key ratios including P\/E, P\/B, ROE, ROCE, EPS, book value and dividend yield, along with sector and peer context.<\/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>&nbsp;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).<\/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_Ultracab_India_Share_Price_fall_today\"><\/span><strong>Why did Ultracab (India) Share Price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The supplied data confirms that the stock fell 8.84% to Rs 8.97 today, but it does not provide a confirmed company-specific catalyst. The session moved from a Rs 10.29 open to a Rs 8.86 low.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_latest_Ultracab_India_Share_Price_today\"><\/span><strong>What is the latest Ultracab (India) Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The latest supplied price is Rs 8.97. That is down Rs 0.87 from the previous close of Rs 9.84, equal to an 8.84% decline. The intraday range extended from Rs 8.86 to Rs 10.29.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_todays_intraday_movement_show\"><\/span><strong>What does today\u2019s intraday movement show?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The stock opened at Rs 10.29, which was also the day\u2019s high, and later fell to Rs 8.86 before being recorded at Rs 8.97. That points to a session that weakened after the open.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Ultracab_Indias_market_capitalisation\"><\/span><strong>What is Ultracab (India)\u2019s market capitalisation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The company\u2019s market capitalisation is Rs 120.99 crore based on the supplied data, placing it in the Micro Cap category. The company operates in the Electricals sector. Its P\/E ratio is 24.4x.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_stock_expensive_on_valuation\"><\/span><strong>Is the stock expensive on valuation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Its P\/E ratio is 24.4 versus the same-industry median of 25.13, while its P\/B ratio is 1.29 versus a median of 3.12. That suggests valuation is closer to moderate than premium on the available data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_profitable_is_Ultracab_India_versus_its_industry\"><\/span><strong>How profitable is Ultracab (India) versus its industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;ROE is 6.21% and ROCE is 8.39%. ROE is below the industry median of 13.21%, and ROCE is below the industry median of 18.86%. The stock belongs to the Electricals sector.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_EPS_book_value_and_dividend_yield_show\"><\/span><strong>What do EPS, book value and dividend yield show?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;EPS stands at Rs 0.4, book value per share is Rs 7.63 and dividend yield is 0. These figures indicate modest earnings per share, price slightly above book value and no indicated yield in the dataset.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Ultracab_compare_with_larger_cable_peers\"><\/span><strong>How does Ultracab compare with larger cable peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;It is much smaller than peers such as Polycab India, KEI Industries and RR Kabel by market cap, and it trails those companies on ROE and ROCE. Its P\/E of 24.4 is lower than the mid-40 multiples seen for several.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ultracab (India) Share Price falls to Rs 8.97. marking a 8.84% fall today. Market cap stands at Rs 120.99 crore.<\/p>\n","protected":false},"author":29,"featured_media":235371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-235372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["235371"],"rank_math_title":["Ultracab (India) Share Price: Today\u2019s Sharp Decline"],"rank_math_description":["Ultracab (India) Share Price fell 8.84% to Rs 8.97 today. Read price action, valuation, fundamentals, sector context and peer analysis."],"rank_math_focus_keyword":["Ultracab (India) 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\/09\/Ultracab_India_ULTRACAB_Share_Price_Falls_884_Today_to_Rs_897_bearish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/235372","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\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=235372"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/235372\/revisions"}],"predecessor-version":[{"id":235373,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/235372\/revisions\/235373"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/235371"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=235372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=235372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=235372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}