Universal Cables (UNIVCABLES) Share Price Falls 5.15% as Mid Cap Stock Trades at Rs 1,499

Universal Cables Share Price moved lower in morning trade on 15 October 2026, with the stock at Rs 1,499, down 5.15% from the previous close of Rs 1,580.35. The company’s market capitalisation stood at Rs 5,236.57 crore, placing it in the Mid Cap category. Univest figures confirm the price action, but they do not point to a specific company trigger. That makes the move relevant as a verified price fall rather than a news-led reaction. For readers tracking Universal Cables Share Price Today, the first question is not only how much the stock declined, but how that decline fits with its valuation, profitability ratios and sector comparison. Univest data also places the stock in the Electricals sector and the Cable industry, which gives the day’s move a clear industry context.

For anyone following Universal Cables Stock News, the key point is simple: the share price is lower, but the fundamental profile still needs to be read alongside the market cap, P/E ratio, P/B ratio, ROE, ROCE, EPS, book value and dividend yield. That combination is what helps separate a routine price fall from a broader change in the stock’s market narrative. Universal Cables Share Price Today therefore deserves attention for both the intraday move and the company-specific ratios that sit behind it.

Universal Cables (UNIVCABLES) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,499
Previous Close	Rs 1,580.35
Today's Move	-Rs 81.35 (-5.15%)
Open	Rs 1,598.6
High	Rs 1,598.6
Low	Rs 1,496.6
Market Capitalisation	Rs 5,236.57 crore
Market Cap Category	Mid Cap

Universal Cables Share Price opened at Rs 1,598.60, touched the same level as the day’s high, and then slipped to a low of Rs 1,496.60. The stock last traded at Rs 1,499, which is Rs 81.35 below the previous close and equal to a 5.15% decline. The day’s range shows that the share price moved from the opening level without extending higher, and the current reading sits close to the day’s low. For a Mid Cap company with a market capitalisation of Rs 5,236.57 crore, that is a noticeable intraday move and the reason Universal Cables Share Price is appearing in market conversations today.

The latest Univest figures confirm that this is a single-session price fall, not a multi-session slide. As a result, Universal Cables Share Price Today should be read as a sharp intraday correction within the current session. The stock’s move between Rs 1,598.60 and Rs 1,496.60 gives a clear picture of the range already seen today. The next layer of analysis is the company’s fundamental setup, because price action alone does not tell the full story for Universal Cables Share Price.

Universal Cables (UNIVCABLES) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 5,236.57 crore
P/E Ratio	27.37x
P/B Ratio	2.85x
ROE	8.91%
ROCE	11.69%
EPS	Rs 57.74
Book Value Per Share	Rs 554.02
Dividend Yield	0.28%

Universal Cables (UNIVCABLES) fundamental metrics show P/E 27.37x, P/B 2.85x, ROE 8.91%, ROCE 11.69%. Taken on their own, these numbers offer context rather than a trading signal.

Universal Cables has a market capitalisation of Rs 5,236.57 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 27.37x, P/B at 2.85x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 8.91% and ROCE of 11.69%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 57.74, book value per share of Rs 554.02, dividend yield of 0.28%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 28.88x, median ROE of 13.11%, median ROCE of 18.1%. They set out the fundamental picture and are not a rating on the stock.

Sector and Industry Context

Metric	Value
Sector	Electricals
Industry	Cable
Benchmark Scope	same industry
Company P/E Ratio	27.37x
Benchmark Median P/E	28.88x
Benchmark Average P/E	37.97x
Benchmark P/E Range	1.17x to 196.06x
Company P/B Ratio	2.85x
Benchmark Median P/B	2.85x
Benchmark Average P/B	-7.1x
Company ROE	8.91%
Benchmark Median ROE	13.11%
Benchmark Average ROE	0.96%
Company ROCE	11.69%
Benchmark Median ROCE	18.1%
Benchmark Average ROCE	17.69%
Company Market Capitalisation	Rs 5,236.57 crore
Benchmark Median Market Cap	Rs 614.61 crore
Benchmark Average Market Cap	Rs 10,075.5 crore

Universal Cables (UNIVCABLES) operates in the Electricals sector, within the Cable industry.

Universal Cables (UNIVCABLES) has a P/E ratio of 27.37x, which is below the benchmark median of 28.88x, a difference of -5.23%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Universal Cables (UNIVCABLES) has a ROE of 8.91%, which is below the benchmark median of 13.11%, a difference of -32.04%. Universal Cables (UNIVCABLES) has a ROCE of 11.69%, which is below the benchmark median of 18.1%, a difference of -35.41%.

Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Polycab India	POLYCAB	1,24,483.67	43.78	9.87	25.03	34.93
Sterlite Technologies	STLTECH	49,524.29	196.06	12.45	2.73	8.38
KEI Industries	KEI	44,427.38	44.63	6.42	14.77	20.23
RR Kabel	RRKABEL	29,597.45	49.54	10.84	20.83	28.43
Finolex Cables	FINCABLES	22,553.97	27.67	3.52	12.33	16.06

Universal Cables (UNIVCABLES) has a P/E ratio of 27.37x compared with the displayed peer median of 44.63x. The comparison is relative and should not be read as a recommendation. Its ROE of 8.91% compares with a peer median of 14.77% across the companies shown in the table. ROCE stood at 11.69% versus the displayed peer median of 20.23%, providing a capital-efficiency comparison. Universal Cables (UNIVCABLES) has a market capitalisation of Rs 5,236.57 crore. All 5 peers shown have a larger market capitalisation.

Why Investors Are Watching Universal Cables

• Universal Cables Share Price is down 5.15% in the current session, with the stock last traded at Rs 1,499.
• The move comes with a market capitalisation of Rs 5,236.57 crore, which places the company in the Mid Cap category.
• P/E at 27.37 is close to the same-industry median of 28.88, while P/B at 2.85 matches the benchmark median.
• ROE of 8.91% and ROCE of 11.69% are below the cable industry median values in the benchmark set.
• Peer comparison shows Universal Cables Share Price sitting below several larger cable names on valuation and return ratios.

About Universal Cables

Universal Cables operates in the Electricals sector and Cable industry. The company is part of a listed cable peer set that includes large names such as Polycab India, KEI Industries, RR Kabel and Finolex Cables. Its market position can be understood through valuation and return ratios rather than through a broad business description alone. Universal Cables Share Price therefore reflects both its place in the Mid Cap bracket and its standing within the cable category. The company is tracked by investors who follow Universal Cables Latest News, Universal Cables Company News and Universal Cables Financial Results, especially when the stock moves sharply in a single session.

Track Universal Cables Share Price on Univest

Use Universal Cables (UNIVCABLES) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.

Investors can track Universal Cables Share Price on Univest for live price updates, fundamental ratios, 52-week levels and market insights in one place. The Univest stock page also helps readers follow Universal Cables Share Price Today alongside valuation metrics, sector comparison and company context. For those watching Universal Cables Stock News, Univest provides a simple way to review price action and fundamentals together.

Frequently Asked Questions

Why is Universal Cables Share Price falling today?

Ans. Universal Cables Share Price is lower by 5.15% today and last traded at Rs 1,499. Univest figures confirm the price action, but they do not point to a specific company trigger.

What is Universal Cables Share Price today?

Ans. Universal Cables Share Price is Rs 1,499 in the latest reading. It is down Rs 81.35 from the previous close of Rs 1,580.35 and is trading within a Mid Cap company framework.

What does Universal Cables Share Price tell investors right now?

Ans. Universal Cables Share Price shows a single-session decline with the stock moving between Rs 1,598.60 and Rs 1,496.60 today. That range suggests a clear intraday move, while valuation and return ratios provide longer-term context.

Is Universal Cables a Mid Cap stock?

Ans. Yes. Universal Cables is in the Mid Cap category, with market capitalisation at Rs 5,236.57 crore. That size context helps frame Universal Cables Share Price against peer names across the Electricals and Cable industry.

How does Universal Cables compare on valuation?

Ans. Universal Cables Share Price sits on a P/E of 27.37 and a P/B of 2.85. The P/E is below the same-industry average, while the P/B matches the benchmark median exactly across the cable peer set.

How strong are Universal Cables profitability ratios?

Ans. Universal Cables reports ROE of 8.91% and ROCE of 11.69%. Both are below the same-industry median values in the benchmark, which means Universal Cables Share Price needs to be read alongside return metrics carefully.

What is the EPS and book value for Universal Cables?

Ans. Universal Cables has EPS of Rs 57.74 and book value of Rs 554.02. EPS shows earnings attributable to each share, while book value shows the accounting net worth behind each share at the current Universal Cables Share Price.

How does Universal Cables compare with cable peers?

Ans. Universal Cables Share Price is supported by a lower P/B than Polycab India, KEI Industries, RR Kabel and Precision Wires India. However, its ROE and ROCE are also below those peer names in the comparison set.

Where can investors track Universal Cables Share Price updates?

Ans. Investors can track Universal Cables Share Price on Univest for live updates, valuation ratios, market cap and sector context. That makes it easier to follow Universal Cables Stock News, share price fall updates and peer comparison together.