{"id":332288,"date":"2026-10-29T14:27:57","date_gmt":"2026-10-29T08:57:57","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=332288"},"modified":"2026-10-29T14:27:57","modified_gmt":"2026-10-29T08:57:57","slug":"cable-stocks-to-buy","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/","title":{"rendered":"Cable Stocks to Buy in November 2026: 5 Names on the Watchlist"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Polycab India Rs 7,814. KEI Industries Rs 3,862. RR Kabel Rs 2,136. Apar Industries Rs 15,187. Finolex Cables Rs 1,176. NSE prices, 29 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Five cable stocks to buy on the November 2026 watchlist are Polycab India, KEI Industries, RR Kabel, Apar Industries and Finolex Cables. All five grew revenue in their latest full year, and all five also grew net profit. Finolex Cables has the lowest P\/E at 21.96, while Polycab India leads on return on equity at 24.10%. Check each valuation against your own risk appetite before acting.<\/p>\n<\/p><\/div>\n<p>The cable stocks to buy in November 2026 start with five listed names: Polycab India, KEI Industries, RR Kabel, Apar Industries and Finolex Cables. Cable and wire makers benefit from power, real estate, railways and renewable energy spending, since every project needs reliable electrical cabling.<\/p>\n<p>This article ranks none of them as a sure thing. It lays out the numbers each company has reported, how the shares are priced today and what an investor should check before adding any of these cable stocks to buy to a portfolio. All prices are NSE quotes from 29 October 2026, and financials come from company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=cable-stocks-to-buy\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/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\/cable-stocks-to-buy\/#Which_Are_the_Best_Cable_Stocks_to_Buy_in_November_2026\" title=\"Which Are the Best Cable Stocks to Buy in November 2026?\">Which Are the Best Cable Stocks to Buy in November 2026?<\/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\/cable-stocks-to-buy\/#Why_These_Cable_Stocks_to_Buy_Are_in_Focus\" title=\"Why These Cable Stocks to Buy Are in Focus\">Why These Cable Stocks to Buy Are in Focus<\/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\/cable-stocks-to-buy\/#Polycab_India_The_Wires_and_Cables_Leader_Among_Cable_Stocks_to_Buy\" title=\"Polycab India: The Wires and Cables Leader Among Cable Stocks to Buy\">Polycab India: The Wires and Cables Leader Among Cable Stocks to Buy<\/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\/cable-stocks-to-buy\/#KEI_Industries_The_Power_Cable_Specialist_Among_Cable_Stocks_to_Buy\" title=\"KEI Industries: The Power Cable Specialist Among Cable Stocks to Buy\">KEI Industries: The Power Cable Specialist Among Cable Stocks to Buy<\/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\/cable-stocks-to-buy\/#RR_Kabel_A_Cables_Name_With_Consumer_Reach_Among_Cable_Stocks_to_Buy\" title=\"RR Kabel: A Cables Name With Consumer Reach Among Cable Stocks to Buy\">RR Kabel: A Cables Name With Consumer Reach Among Cable Stocks to Buy<\/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\/cable-stocks-to-buy\/#Apar_Industries_The_Conductor_and_Specialty_Cable_Name_Among_Cable_Stocks_to_Buy\" title=\"Apar Industries: The Conductor and Specialty Cable Name Among Cable Stocks to Buy\">Apar Industries: The Conductor and Specialty Cable Name Among Cable Stocks to Buy<\/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\/cable-stocks-to-buy\/#Finolex_Cables_The_Household_Wiring_Brand_Among_Cable_Stocks_to_Buy\" title=\"Finolex Cables: The Household Wiring Brand Among Cable Stocks to Buy\">Finolex Cables: The Household Wiring Brand Among Cable Stocks to Buy<\/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\/cable-stocks-to-buy\/#Growth_Snapshot_Latest_Full_Year_and_Latest_Quarter\" title=\"Growth Snapshot: Latest Full Year and Latest Quarter\">Growth Snapshot: Latest Full Year and Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/#Factors_That_Move_Cable_Stocks_to_Buy\" title=\"Factors That Move Cable Stocks to Buy\">Factors That Move Cable Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/#Risks_to_Keep_in_Mind_Before_Buying_Cable_Stocks\" title=\"Risks to Keep in Mind Before Buying Cable Stocks\">Risks to Keep in Mind Before Buying Cable Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/#How_to_Choose_Cable_Stocks_to_Buy\" title=\"How to Choose Cable Stocks to Buy\">How to Choose Cable Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/#How_to_Invest_in_Cable_Stocks\" title=\"How to Invest in Cable Stocks\">How to Invest in Cable Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/#Frequently_Asked_Questions_on_Cable_Stocks_to_Buy\" title=\"Frequently Asked Questions on Cable Stocks to Buy\">Frequently Asked Questions on Cable Stocks to Buy<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/#Which_are_the_best_cable_stocks_to_buy_in_November_2026\" title=\"Which are the best cable stocks to buy in November 2026?\">Which are the best cable stocks to buy in November 2026?<\/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\/cable-stocks-to-buy\/#Is_Polycab_India_a_good_cable_stock_to_buy\" title=\"Is Polycab India a good cable stock to buy?\">Is Polycab India a good cable stock to buy?<\/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\/cable-stocks-to-buy\/#Are_cable_stocks_expensive_right_now\" title=\"Are cable stocks expensive right now?\">Are cable stocks expensive right now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/#Which_cable_stocks_pay_a_dividend\" title=\"Which cable stocks pay a dividend?\">Which cable stocks pay a dividend?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/#Which_cable_stock_has_the_highest_return_on_equity\" title=\"Which cable stock has the highest return on equity?\">Which cable stock has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/#What_are_the_risks_of_investing_in_cable_stocks\" title=\"What are the risks of investing in cable stocks?\">What are the risks of investing in cable stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/cable-stocks-to-buy\/#How_can_I_invest_in_cable_stocks_in_India\" title=\"How can I invest in cable stocks in India?\">How can I invest in cable stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Which_Are_the_Best_Cable_Stocks_to_Buy_in_November_2026\"><\/span><strong>Which Are the Best Cable Stocks to Buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The best cable stocks to buy in November 2026 for a watchlist are Polycab India, KEI Industries, RR Kabel, Apar Industries and Finolex Cables. They were picked because each has complete reported financials, profit in the latest quarter and an NSE listing. The table puts their market data side by side.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"6\">\n<thead>\n<tr>\n<th>Company<\/th>\n<th>CMP (Rs)<\/th>\n<th>Market Cap<\/th>\n<th>P\/E<\/th>\n<th>ROE<\/th>\n<th>Dividend Yield<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/polycab\/polycab-india-ltd-share-price-today\">Polycab India<\/a><\/td>\n<td>7,814<\/td>\n<td>Rs 1,15,758 crore<\/td>\n<td>36.15<\/td>\n<td>24.10%<\/td>\n<td>0.61%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/kei\/kei-industries-ltd-share-price-today\">KEI Industries<\/a><\/td>\n<td>3,862<\/td>\n<td>Rs 36,843 crore<\/td>\n<td>34.90<\/td>\n<td>14.66%<\/td>\n<td>0.12%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/rrkabel\/rr-kabel-ltd-share-price-today\">RR Kabel<\/a><\/td>\n<td>2,136<\/td>\n<td>Rs 24,951 crore<\/td>\n<td>41.06<\/td>\n<td>19.12%<\/td>\n<td>0.43%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/aparinds\/apar-industries-ltd-share-price-today\">Apar Industries<\/a><\/td>\n<td>15,187<\/td>\n<td>Rs 64,515 crore<\/td>\n<td>54.60<\/td>\n<td>18.11%<\/td>\n<td>0.37%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/fincables\/finolex-cables-ltd-share-price-today\">Finolex Cables<\/a><\/td>\n<td>1,176<\/td>\n<td>Rs 17,571 crore<\/td>\n<td>21.96<\/td>\n<td>11.73%<\/td>\n<td>0.78%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>On valuation, KEI Industries and Finolex Cables trade below the industry P\/E; Polycab India and RR Kabel sit close to it; Apar Industries carries a premium. Valuation is the first filter for any cable stocks to buy list, and it is covered again in the risk section.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_These_Cable_Stocks_to_Buy_Are_in_Focus\"><\/span><strong>Why These Cable Stocks to Buy Are in Focus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Grid expansion, housing demand, data centres and renewable energy projects are lifting demand for wires and cables. The list covers India&#8217;s largest wires and cables maker, power cable specialists, a conductor and speciality cable company and a household wiring brand. People searching for the best cable stocks in India often focus on order books, market share and how much of the business is in higher-margin products.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Polycab_India_The_Wires_and_Cables_Leader_Among_Cable_Stocks_to_Buy\"><\/span><strong>Polycab India: The Wires and Cables Leader Among Cable Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Polycab India is India&#8217;s largest wires and cables maker, which also sells fans, lighting and switchgear. The stock trades at Rs 7,814 with a market capitalisation of Rs 1,15,758 crore and a P\/E of 36.15, against an industry P\/E of 39.42.<\/p>\n<p>FY26 revenue rose 28.8% to Rs 29,120 crore and net profit rose 32.4% to Rs 2,708 crore. In the September 2026 quarter, revenue grew 53.1% year on year to Rs 9,987 crore, while net profit grew 42.9% to Rs 990 crore.<\/p>\n<p>Return on equity is 24.10%, debt-to-equity is 0.02, and the dividend yield is 0.61%. Promoters hold 61.44%, foreign institutions 18.06% and domestic institutions 7.73% as of September 2026. Foreign institutional holding has risen from 13.97% to 18.06% over the last year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"KEI_Industries_The_Power_Cable_Specialist_Among_Cable_Stocks_to_Buy\"><\/span><strong>KEI Industries: The Power Cable Specialist Among Cable Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>KEI Industries is a maker of power cables, including extra-high-voltage cables, along with stainless steel wire. At Rs 3,862, the stock has a market capitalisation of Rs 36,843 crore and trades at 34.90 times earnings, while the industry P\/E is 39.42.<\/p>\n<p>Reported numbers show FY26 revenue of Rs 11,906 crore, up 21.4% year on year, with net profit at Rs 918 crore, up 31.9%. The September 2026 quarter added revenue of Rs 3,801 crore (up 37.3%) and net profit of Rs 262 crore (up 29.0%).<\/p>\n<p>Return on equity is 14.66%, debt-to-equity is 0.05, and the dividend yield is 0.12%. Promoters hold 35.00%, foreign institutions 26.14% and domestic institutions 26.26% as of September 2026.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Cable Stocks Live on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"RR_Kabel_A_Cables_Name_With_Consumer_Reach_Among_Cable_Stocks_to_Buy\"><\/span><strong>RR Kabel: A Cables Name With Consumer Reach Among Cable Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>RR Kabel is a wires and cables maker that also sells fans, lighting and other consumer electricals. Its market capitalisation is Rs 24,951 crore, the share price is Rs 2,136 and the P\/E of 41.06 compares with an industry P\/E of 39.42.<\/p>\n<p>Over FY26, net profit rose 58.0% to Rs 492 crore on revenue of Rs 9,779 crore, which was up 27.5%. The latest quarter, the September 2026 quarter, brought revenue of Rs 3,303 crore, up 51.5% year on year, and net profit of Rs 181 crore, up 55.3%.<\/p>\n<p>Return on equity is 19.12%, debt-to-equity is 0.13, and the dividend yield is 0.43%. Promoters hold 59.32%, foreign institutions 12.51% and domestic institutions 10.25% as of September 2026. Foreign institutional holding has risen from 8.18% to 12.51% over the last year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Apar_Industries_The_Conductor_and_Specialty_Cable_Name_Among_Cable_Stocks_to_Buy\"><\/span><strong>Apar Industries: The Conductor and Specialty Cable Name Among Cable Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Apar Industries is a maker of conductors, power transmission cables and speciality oils. The stock trades at Rs 15,187 with a market capitalisation of Rs 64,515 crore and a P\/E of 54.60, against an industry P\/E of 41.42.<\/p>\n<p>FY26 revenue rose 22.9% to Rs 22,967 crore and net profit rose 18.9% to Rs 977 crore. In the June 2026 quarter, revenue grew 29.2% year on year to Rs 6,625 crore, while net profit grew 77.8% to Rs 467 crore.<\/p>\n<p>Return on equity is 18.11%, debt-to-equity is 0.18, and the dividend yield is 0.37%. Promoters hold 55.42%, foreign institutions 12.55% and domestic institutions 23.82% as of September 2026. Foreign institutional holding has risen from 9.35% to 12.55% over the last year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Finolex_Cables_The_Household_Wiring_Brand_Among_Cable_Stocks_to_Buy\"><\/span><strong>Finolex Cables: The Household Wiring Brand Among Cable Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Finolex Cables is a maker of electrical and communication cables, strong in household wiring. At Rs 1,176, the stock has a market capitalisation of Rs 17,571 crore and trades at 21.96 times earnings, while the industry P\/E is 39.42.<\/p>\n<p>Reported numbers show FY26 revenue of Rs 6,487 crore, up 17.6% year on year, with net profit at Rs 714 crore, up 1.8%. The June 2026 quarter added revenue of Rs 2,065 crore (up 42.4%) and net profit of Rs 249 crore (up 53.1%).<\/p>\n<p>Return on equity is 11.73%, debt-to-equity is 0.00, and the dividend yield is 0.78%. Promoters hold 35.86%, foreign institutions 9.63% and domestic institutions 16.93% as of September 2026. Domestic institutional holding has risen from 15.88% to 16.93% over the last year.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track these cable stocks live and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Growth_Snapshot_Latest_Full_Year_and_Latest_Quarter\"><\/span><strong>Growth Snapshot: Latest Full Year and Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares year-on-year growth in revenue and net profit for all five cable stocks, using filed results.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"6\">\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Full-Year Revenue Growth<\/th>\n<th>Full-Year Profit Growth<\/th>\n<th>Latest Quarter<\/th>\n<th>Quarter Revenue Growth<\/th>\n<th>Quarter Profit Growth<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Polycab India<\/td>\n<td>28.8%<\/td>\n<td>32.4%<\/td>\n<td>Sep 2026<\/td>\n<td>53.1%<\/td>\n<td>42.9%<\/td>\n<\/tr>\n<tr>\n<td>KEI Industries<\/td>\n<td>21.4%<\/td>\n<td>31.9%<\/td>\n<td>Sep 2026<\/td>\n<td>37.3%<\/td>\n<td>29.0%<\/td>\n<\/tr>\n<tr>\n<td>RR Kabel<\/td>\n<td>27.5%<\/td>\n<td>58.0%<\/td>\n<td>Sep 2026<\/td>\n<td>51.5%<\/td>\n<td>55.3%<\/td>\n<\/tr>\n<tr>\n<td>Apar Industries<\/td>\n<td>22.9%<\/td>\n<td>18.9%<\/td>\n<td>Jun 2026<\/td>\n<td>29.2%<\/td>\n<td>77.8%<\/td>\n<\/tr>\n<tr>\n<td>Finolex Cables<\/td>\n<td>17.6%<\/td>\n<td>1.8%<\/td>\n<td>Jun 2026<\/td>\n<td>42.4%<\/td>\n<td>53.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Factors_That_Move_Cable_Stocks_to_Buy\"><\/span><strong>Factors That Move Cable Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Four factors tend to drive cable stocks, and each one is worth checking before a purchase.<\/p>\n<ul>\n<li><strong>Power and infrastructure spending:<\/strong> Transmission, railways and renewable projects drive demand for cables.<\/li>\n<li><strong>Real estate and housing:<\/strong> Construction activity supports wires for homes and offices.<\/li>\n<li><strong>Copper and aluminium prices:<\/strong> Metal costs move selling prices and margins.<\/li>\n<li><strong>Exports:<\/strong> Overseas orders add growth for companies with export capacity.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Keep_in_Mind_Before_Buying_Cable_Stocks\"><\/span><strong>Risks to Keep in Mind Before Buying Cable Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The first risk is metal price volatility, because copper and aluminium swings can distort revenue and margins in a quarter. The second is competition, since a large unorganised market and new entrants can pressure pricing. Valuations are also elevated at several names, so any slowdown in orders can have a visible effect on the share price.<\/p>\n<p>On the numbers, Apar Industries trades at the highest P\/E on this list at 54.60, so its earnings need to keep growing to support the price. Cable stocks to buy can still fall when markets turn weak, and a staggered entry has historically suited investors better than a lump-sum purchase.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Cable_Stocks_to_Buy\"><\/span><strong>How to Choose Cable Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Check order book:<\/strong> A healthy order book gives revenue visibility.<\/li>\n<li><strong>Look at margins:<\/strong> Rising margins show a shift to higher-value products.<\/li>\n<li><strong>Study ROE:<\/strong> Returns above 15% show strong capital use.<\/li>\n<li><strong>Compare valuations:<\/strong> Measure P\/E against growth to avoid overpaying.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Cable_Stocks\"><\/span><strong>How to Invest in Cable Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Shortlist two or three companies from this list that match your risk appetite.<\/li>\n<li>Open the Univest Screener and compare P\/E, ROE and debt for each stock.<\/li>\n<li>Check the latest quarterly results and shareholding pattern on NSE or BSE.<\/li>\n<li>Decide an amount you can hold for three to five years and split it into two or three purchases.<\/li>\n<li>Review the holding after every quarterly result instead of reacting to daily price moves.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Finolex Cables offers the lowest P\/E on this list at 21.96, Polycab India has the highest return on equity at 24.10%, and RR Kabel posted the fastest net profit growth in its latest full year at 58.0%. Among the best cable stocks in India, these five give investors a spread of size, valuation and growth, so the right pick depends on risk appetite and holding period. Spread the entry, keep position sizes sensible and consult a SEBI-registered advisor before investing in any of these cable stocks to buy.<\/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 Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Cable_Stocks_to_Buy\"><\/span><strong>Frequently Asked Questions on Cable Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_cable_stocks_to_buy_in_November_2026\"><\/span><strong>Which are the best cable stocks to buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The five cable stocks on the November 2026 watchlist are Polycab India, KEI Industries, RR Kabel, Apar Industries and Finolex Cables. Finolex Cables has the lowest P\/E at 21.96, Polycab India has the highest ROE at 24.10%, and RR Kabel grew net profit 58.0% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Polycab_India_a_good_cable_stock_to_buy\"><\/span><strong>Is Polycab India a good cable stock to buy?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Polycab India is the largest company on this list with a market capitalisation of Rs 1,15,758 crore and a P\/E of 36.15 against an industry P\/E of 39.42. Its FY26 revenue rose 28.8% and net profit rose 32.4%, with return on equity at 24.10%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_cable_stocks_expensive_right_now\"><\/span><strong>Are cable stocks expensive right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Valuations vary across the group. Polycab India trades at a P\/E of 36.15, KEI Industries trades at a P\/E of 34.90, RR Kabel trades at a P\/E of 41.06, Apar Industries trades at a P\/E of 54.60, Finolex Cables trades at a P\/E of 21.96, against industry multiples ranging from 39.42 to 41.42. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_cable_stocks_pay_a_dividend\"><\/span><strong>Which cable stocks pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend yields on this list are Polycab India 0.61%, KEI Industries 0.12%, RR Kabel 0.43%, Apar Industries 0.37%, Finolex Cables 0.78%. Yields are modest across the group, so most investors look at these stocks for growth in earnings rather than for income, and payouts can change with company profits.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_cable_stock_has_the_highest_return_on_equity\"><\/span><strong>Which cable stock has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Polycab India has the highest ROE on this list at 24.10%, followed by RR Kabel at 19.12% and Apar Industries at 18.11%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_cable_stocks\"><\/span><strong>What are the risks of investing in cable stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are metal price swings, competition and premium valuations. On this list, Apar Industries trades at the highest P\/E of 54.60, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_cable_stocks_in_India\"><\/span><strong>How can I invest in cable stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy these stocks directly on NSE or BSE through a demat account, and compare them first on the Univest Screener using P\/E, ROE and debt. Many investors split the amount across two or three purchases and review the holding after each quarterly result. Sector-themed mutual funds and ETFs are another route for investors who prefer diversification.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best cable stocks to buy in November 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The five cable stocks on the November 2026 watchlist are Polycab India, KEI Industries, RR Kabel, Apar Industries and Finolex Cables. Finolex Cables has the lowest P\/E at 21.96, Polycab India has the highest ROE at 24.10%, and RR Kabel grew net profit 58.0% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.\"}},{\"@type\":\"Question\",\"name\":\"Is Polycab India a good cable stock to buy?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Polycab India is the largest company on this list with a market capitalisation of Rs 1,15,758 crore and a P\/E of 36.15 against an industry P\/E of 39.42. Its FY26 revenue rose 28.8% and net profit rose 32.4%, with return on equity at 24.10%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.\"}},{\"@type\":\"Question\",\"name\":\"Are cable stocks expensive right now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Valuations vary across the group. Polycab India trades at a P\/E of 36.15, KEI Industries trades at a P\/E of 34.90, RR Kabel trades at a P\/E of 41.06, Apar Industries trades at a P\/E of 54.60, Finolex Cables trades at a P\/E of 21.96, against industry multiples ranging from 39.42 to 41.42. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.\"}},{\"@type\":\"Question\",\"name\":\"Which cable stocks pay a dividend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Dividend yields on this list are Polycab India 0.61%, KEI Industries 0.12%, RR Kabel 0.43%, Apar Industries 0.37%, Finolex Cables 0.78%. 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Staggered buying and a long holding period can help manage these risks.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in cable stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy these stocks directly on NSE or BSE through a demat account, and compare them first on the Univest Screener using P\/E, ROE and debt. Many investors split the amount across two or three purchases and review the holding after each quarterly result. Sector-themed mutual funds and ETFs are another route for investors who prefer diversification.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Five cable stocks on the November 2026 watchlist with FY26 growth, valuation, ROE, shareholding and risks for Polycab India, KEI Industries, RR Kabel, Apar Industries and Finolex Cables.<\/p>\n","protected":false},"author":34,"featured_media":332287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[7036,4214,730,4869,8472],"class_list":["post-332288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-apar-industries","tag-cable-stocks","tag-kei-industries","tag-polycab","tag-wires-and-cables-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["332287"],"rank_math_title":["Cable Stocks to Buy in Nov 2026: Top 5 Picks"],"rank_math_description":["Cable stocks to buy in November 2026: Polycab India, KEI Industries, RR Kabel and Apar Industries, with FY26 growth, valuation, ROE and key risks for each."],"rank_math_focus_keyword":["cable stocks to buy"],"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\/cable-stocks-to-buy-in-november-2026-5-names-on-the-watchlist.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/332288","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\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=332288"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/332288\/revisions"}],"predecessor-version":[{"id":332289,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/332288\/revisions\/332289"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/332287"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=332288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=332288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=332288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}