{"id":247966,"date":"2026-09-16T10:21:18","date_gmt":"2026-09-16T04:51:18","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=247966"},"modified":"2026-09-16T10:21:18","modified_gmt":"2026-09-16T04:51:18","slug":"why-cords-cable-industries-share-price-price-fall-2026-09-16","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-cords-cable-industries-share-price-price-fall-2026-09-16\/","title":{"rendered":"Cords Cable Industries (CORDSCABLE) Share Price Falls 9.68%: What the latest move shows"},"content":{"rendered":"<p class=\"univest-article-timestamp\" style=\"font-size:14px;color:#5F6673;margin:8px 0 18px 0;;margin-top:0!important;margin-bottom:0!important;\"><strong>Published:<\/strong>&nbsp;&nbsp;&nbsp;16 September 2026 at 9:54:44 AM IST<\/p>\n<p style=\"margin-top:0!important;\">Cords Cable Industries Share Price fell to Rs 321.05 today, down 9.68% from the previous close of Rs 355.45. The company\u2019s market capitalisation stood at Rs 459.52 crore, placing it in the Micro Cap category. The supplied data confirms a sharp same-day decline, but it does not establish a company-specific catalyst. For readers following Cords Cable Industries Share Price Today and Cords Cable Industries Stock News, the useful task is to read the verified numbers carefully and compare them with valuation, sector position and peer context.<\/p>\n<p>The session opened at Rs 351, touched a high of Rs 360.15 and a low of Rs 305 before closing at Rs 321.05. Turnover was Rs 0.36 crore. Those figures show that Cords Cable Industries Share Price moved through a wide intraday range and ended well below the previous close. The pattern is important because the closing price sat much closer to the day\u2019s low than to the high, which makes the day relevant for any near-term Cords Cable Industries Stock Analysis.<\/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-cords-cable-industries-share-price-price-fall-2026-09-16\/#Cords_Cable_Industries_CORDSCABLE_Share_Price_Today_Price_Action_Analysis\" title=\"Cords Cable Industries (CORDSCABLE) Share Price Today: Price Action Analysis\">Cords Cable Industries (CORDSCABLE) 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-cords-cable-industries-share-price-price-fall-2026-09-16\/#Cords_Cable_Industries_CORDSCABLE_Fundamental_Analysis\" title=\"Cords Cable Industries (CORDSCABLE) Fundamental Analysis\">Cords Cable Industries (CORDSCABLE) 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-cords-cable-industries-share-price-price-fall-2026-09-16\/#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-cords-cable-industries-share-price-price-fall-2026-09-16\/#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-cords-cable-industries-share-price-price-fall-2026-09-16\/#Why_Investors_Are_Watching_Cords_Cable_Industries\" title=\"Why Investors Are Watching Cords Cable Industries\">Why Investors Are Watching Cords Cable Industries<\/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-cords-cable-industries-share-price-price-fall-2026-09-16\/#About_Cords_Cable_Industries\" title=\"About Cords Cable Industries\">About Cords Cable Industries<\/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-cords-cable-industries-share-price-price-fall-2026-09-16\/#Track_Cords_Cable_Industries_Share_Price_on_Univest\" title=\"Track Cords Cable Industries Share Price on Univest\">Track Cords Cable Industries 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-cords-cable-industries-share-price-price-fall-2026-09-16\/#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-cords-cable-industries-share-price-price-fall-2026-09-16\/#Why_did_Cords_Cable_Industries_Share_Price_fall_today\" title=\"Why did Cords Cable Industries Share Price fall today?\">Why did Cords Cable Industries 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-cords-cable-industries-share-price-price-fall-2026-09-16\/#What_was_the_previous_close_for_Cords_Cable_Industries_Share_Price\" title=\"What was the previous close for Cords Cable Industries Share Price?\">What was the previous close for Cords Cable Industries 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-cords-cable-industries-share-price-price-fall-2026-09-16\/#What_is_the_market_capitalisation_of_Cords_Cable_Industries\" title=\"What is the market capitalisation of Cords Cable Industries?\">What is the market capitalisation of Cords Cable Industries?<\/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-cords-cable-industries-share-price-price-fall-2026-09-16\/#How_is_Cords_Cable_Industries_valued_compared_with_its_sector\" title=\"How is Cords Cable Industries valued compared with its sector?\">How is Cords Cable Industries valued compared with its sector?<\/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-cords-cable-industries-share-price-price-fall-2026-09-16\/#Which_financial_ratios_matter_most_in_Cords_Cable_Industries_Share_Price_analysis\" title=\"Which financial ratios matter most in Cords Cable Industries Share Price analysis?\">Which financial ratios matter most in Cords Cable Industries Share Price analysis?<\/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-cords-cable-industries-share-price-price-fall-2026-09-16\/#How_does_Cords_Cable_Industries_compare_with_cable_peers\" title=\"How does Cords Cable Industries compare with cable peers?\">How does Cords Cable Industries compare with cable peers?<\/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-cords-cable-industries-share-price-price-fall-2026-09-16\/#What_does_the_days_price_range_show_for_Cords_Cable_Industries_Share_Price\" title=\"What does the day\u2019s price range show for Cords Cable Industries Share Price?\">What does the day\u2019s price range show for Cords Cable Industries Share Price?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Cords_Cable_Industries_CORDSCABLE_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Cords Cable Industries (CORDSCABLE) 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 321.05<\/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 355.45<\/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 34.40 (-9.68%)<\/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 351<\/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 360.15<\/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 305<\/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 0.36 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 459.52 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>Cords Cable Industries Share Price Today was shaped by a clear gap between the opening level and the closing level. The stock started at Rs 351, moved to Rs 360.15 at the day\u2019s high, slipped to Rs 305 at the day\u2019s low and finished at Rs 321.05. Compared with the previous close, that means a day change of Rs -34.4 and a decline of 9.68%. The move is therefore best understood as a large one-session drop with a broad intraday band.<\/p>\n<p>Turnover of Rs 0.36 crore is the exact traded-value figure supplied for the day. Because the workflow has already identified this as a price-fall event, the factual focus here is the extent of the move rather than any unsupported reason for it. The company\u2019s market-cap category is Micro Cap, and its market capitalisation is Rs 459.52 crore. That gives Cords Cable Industries Share Price a smaller-company setting, but the data alone does not justify any assumption about the trigger for the decline.<\/p>\n<p>For investors scanning Cords Cable Industries Share Price Live and Cords Cable Industries News Today, the key takeaway is simple: the price event is verified, the day\u2019s range is wide and the close finished near the lower end of the session. Those are the facts to carry into the next sessions on Univest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cords_Cable_Industries_CORDSCABLE_Fundamental_Analysis\"><\/span><strong>Cords Cable Industries (CORDSCABLE) 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 459.52 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;\">18.7x<\/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;\">2.19x<\/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;\">8.34%<\/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;\">16.35%<\/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 19.01<\/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 162.07<\/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;\">0.34%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Cords Cable Industries Share Price should also be viewed against the company\u2019s valuation and financial ratios. The stock trades at a P\/E ratio of 18.7 and a P\/B ratio of 2.19. Its ROE is 8.34%, ROCE is 16.35%, EPS is Rs 19.01, book value is Rs 162.07 and dividend yield is 0.34%. These figures show a business with measurable profitability and capital returns, while still leaving room for comparison against cable-sector benchmarks.<\/p>\n<p>On the earnings side, EPS of Rs 19.01 indicates the profit attributable to each share, while book value of Rs 162.07 gives the accounting net worth per share. The dividend yield of 0.34% is a historical\/current payout measure and not a future commitment. In a day when Cords Cable Industries Share Price declined, these fundamentals matter because they frame the stock\u2019s current valuation. The exact data also supports Cords Cable Industries Fundamental Analysis and Cords Cable Industries Financial Results searches.<\/p>\n<p>Univest tracks these ratios because a same-day fall does not automatically change the underlying numbers. The company still sits on a P\/E below the sector median and a P\/B below the sector median, which adds context to Cords Cable Industries Share Price News without turning it into a rating or forecast.<\/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;\">18.7x<\/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;\">35.47x<\/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;\">1.24x to 180.86x<\/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;\">2.19x<\/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;\">2.95x<\/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;\">-7.4x<\/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;\">8.34%<\/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;\">4.95%<\/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;\">16.35%<\/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;\">19.01%<\/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 459.52 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 640.63 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 10,042.65 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Cords Cable Industries operates in the Electricals sector and the Cable industry, where the supplied benchmark covers 32 companies in the same industry. Within that scope, the company\u2019s P\/E of 18.7 is below the benchmark median of 25.13 and below the benchmark average of 35.47. Its P\/B of 2.19 is also below the benchmark median of 2.95. The company\u2019s ROE of 8.34% is below the benchmark median of 13.21%, while ROCE of 16.35% is below the benchmark median of 18.86%.<\/p>\n<p>On market capitalisation, the benchmark median is Rs 640.63 crore and the average is Rs 10,042.65 crore, versus Cords Cable Industries at Rs 459.52 crore. That places the company below the benchmark median on size. The sector comparison also shows the wider range in the cable space, from Rs 4.61 crore to Rs 1,24,320.56 crore. For readers following Cords Cable Industries Stock News and Cable sector updates, the important point is that the company\u2019s valuation metrics are not stretched relative to the sector median, even though today\u2019s share price fall is sharp on a percentage basis.<\/p>\n<p>The sector context is useful for Cords Cable Industries Share Price Today because it distinguishes price movement from valuation. A lower P\/E or P\/B than the benchmark median does not explain the decline, but it does give the market event a factual frame. On Univest, that kind of sector and industry comparison is central to a balanced Cords Cable Industries Stock Analysis.<\/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;\">1,24,320.56<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">42.81<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.65<\/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;\">46,260.03<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">180.86<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.49<\/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;\">43,689.47<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">43.16<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.2<\/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;\">27,423<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">44.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.69<\/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;\">22,104.71<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">118.1<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">24.38<\/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>Compared with listed cable peers, Cords Cable Industries Share Price sits in a different size and valuation bracket from the largest names in the space, but the gap is not uniform across every metric. Polycab India carries a P\/E of 42.81, P\/B of 9.65, ROE of 25.03% and ROCE of 34.93%, with market capitalisation of Rs 1,24,320.56 crore. KEI Industries shows a P\/E of 43.16, P\/B of 6.2, ROE of 14.77% and ROCE of 20.23%, while RR Kabel stands at a P\/E of 44.29 and ROCE of 28.43%.<\/p>\n<p>Against that group, Cords Cable Industries\u2019 P\/E of 18.7 and P\/B of 2.19 are lower than those three names, and its ROE of 8.34% and ROCE of 16.35% are also below the peer figures cited above. Finolex Cables has a P\/E of 25.61, P\/B of 3.26, ROE of 12.33% and ROCE of 16.06%, which places it closer on some measures. In this peer set, Cords Cable Industries Share Price is best read as a valuation-and-size comparison story rather than a peer-leading profitability story.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Cords_Cable_Industries\"><\/span><strong>Why Investors Are Watching Cords Cable Industries<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Cords Cable Industries Share Price fell 9.68% to Rs 321.05, versus the previous close of Rs 355.45.<\/li>\n<li>The session opened at Rs 351, hit Rs 360.15, touched Rs 305 and ended at Rs 321.05.<\/li>\n<li>Turnover for the day was Rs 0.36 crore, and the market capitalisation stood at Rs 459.52 crore.<\/li>\n<li>The stock\u2019s P\/E is 18.7, P\/B is 2.19, ROE is 8.34% and ROCE is 16.35%.<\/li>\n<li>In the same-industry benchmark of 32 companies, the company\u2019s P\/E, P\/B, ROE and ROCE are all below the stated medians.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Cords_Cable_Industries\"><\/span><strong>About Cords Cable Industries<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cords Cable Industries belongs to the Electricals sector and the Cable industry. The supplied data identifies it by company name, stock symbol CORDSCABLE and market-cap category Micro Cap. For Cords Cable Industries Share Price readers, this classification is useful because it places the stock within a clearly defined industry benchmark set. The company\u2019s valuation and return ratios can then be compared with cable-sector peers in a structured way on Univest.<\/p>\n<p>The verified profile here is intentionally concise: sector, industry, market-cap category, market capitalisation and the key financial ratios already provide the relevant context for today\u2019s Cords Cable Industries Stock News and Cords Cable Industries Share News coverage.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Cords_Cable_Industries_Share_Price_on_Univest\"><\/span><strong>Track Cords Cable Industries Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use&nbsp;<a href=\"https:\/\/univest.in\/stocks\/cordscable\/cords-cable-industries-ltd-share-price-today\">Cords Cable Industries (CORDSCABLE) 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>You can track Cords Cable Industries Share Price on Univest for live price updates, valuation ratios, shareholding pattern, 52-week levels and market insights. Univest also helps readers review Cords Cable Industries Share Price Today alongside sector context, peer comparisons and the latest Cords Cable Industries Stock News in one place.<\/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;&nbsp;&nbsp;&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_Cords_Cable_Industries_Share_Price_fall_today\"><\/span><strong>Why did Cords Cable Industries Share Price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The verified data confirms a 9.68% fall to Rs 321.05, but it does not establish a company-specific catalyst. The session also showed an open of Rs 351, a high of Rs 360.15 and a low of Rs 305.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_previous_close_for_Cords_Cable_Industries_Share_Price\"><\/span><strong>What was the previous close for Cords Cable Industries Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The previous close was Rs 355.45. Today\u2019s closing price was Rs 321.05, which means the stock ended Rs 34.4 lower for the session. The previous close was Rs 355.45. The stock moved 9.68% lower during the session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_Cords_Cable_Industries\"><\/span><strong>What is the market capitalisation of Cords Cable Industries?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Cords Cable Industries has a market capitalisation of Rs 459.52 crore. The stock is classified as Micro Cap in the supplied data. The company operates in the Electricals sector. Its P\/E ratio is 18.7x.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_Cords_Cable_Industries_valued_compared_with_its_sector\"><\/span><strong>How is Cords Cable Industries valued compared with its sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The stock\u2019s P\/E of 18.7 is below the industry median of 25.13, and its P\/B of 2.19 is below the industry median of 2.95. Its ROE and ROCE are also below the benchmark medians.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_financial_ratios_matter_most_in_Cords_Cable_Industries_Share_Price_analysis\"><\/span><strong>Which financial ratios matter most in Cords Cable Industries Share Price analysis?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The key ratios supplied are P\/E of 18.7, P\/B of 2.19, ROE of 8.34%, ROCE of 16.35%, EPS of Rs 19.01, book value of Rs 162.07 and dividend yield of 0.34%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Cords_Cable_Industries_compare_with_cable_peers\"><\/span><strong>How does Cords Cable Industries compare with cable peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Against peers such as Polycab, KEI and RR Kabel, Cords Cable Industries has lower valuation multiples and lower ROE and ROCE. Finolex Cables is closer on some measures, especially P\/E and ROCE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_the_days_price_range_show_for_Cords_Cable_Industries_Share_Price\"><\/span><strong>What does the day\u2019s price range show for Cords Cable Industries Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The stock opened at Rs 351, moved to Rs 360.15, fell to Rs 305 and closed at Rs 321.05. That range shows a wide session, with the close much closer to the low than the high.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cords Cable Industries Share Price falls to Rs 321.05. marking a 9.68% fall today. Market cap stands at Rs 459.52 crore.<\/p>\n","protected":false},"author":29,"featured_media":247965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-247966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["247965"],"rank_math_title":["Cords Cable Industries Share Price Update After 9.68% Drop"],"rank_math_description":["Cords Cable Industries Share Price fell 9.68% to Rs 321.05 today. Read the price action, valuation, sector and peer context."],"rank_math_focus_keyword":["Cords Cable Industries 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\/Cords_Cable_Industries_CORDSCABLE_Share_Price_Falls_968_What_the_latest_move_shows_bearish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247966","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=247966"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247966\/revisions"}],"predecessor-version":[{"id":247967,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247966\/revisions\/247967"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/247965"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=247966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=247966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=247966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}