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29 Tweets 1 reads Aug 30, 2024
👉 Sector : Electrical Wires & Cable Stocks
🌟 A List of 5 Companies From Electrical & wires🔌⚡Segment Which is Driving the Growth of the Sector ✨
⭐ Each Company Analysis
#StockMarket #stockmarketsindia #Stocks #investing #Investments #electricity #wire #cables
1 Precision wires india ltd
Precision Wires India is engaged in manufacturing Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor, and Paper / Mica / Nomex Insulated Copper Conductor.
#precisionwires
👉 Products
⚡Enamelled Round Winding Wires
⚡Enamelled Rectangular Winding Wires
⚡Continuously Transposed Conductors (CTC)
⚡Paper Insulated Copper Conductor (PICC)
⚡Submersible Winding Wire
👉 Growth strategies
⚡Product Diversification: The company has diversified its product portfolio to include a wider range of precision wires and cables
⚡Market Expansion: Precision Wires has been actively expanding its geographical reach both domestically and internationally
⚡Technological Advancements: The company has invested in research and development to adopt advanced technologies and improve its manufacturing processes.
👉 Future initiatives
⚡The company is focusing on expanding its product range to cater to emerging market segments and customer needs
⚡Precision Wires Ltd. is investing in state-of-the-art technology and machinery to improve its manufacturing capabilities and enhance product quality
⚡The company is prioritizing research and development activities to develop innovative products and solutions
👉Key ratios
⚡Market Cap : ₹ 3,397 Cr.
⚡Current Price : ₹ 185
⚡Stock P/E : 43.3
⚡ROCE : 25.4 %
⚡ROE : 15.2 %
⚡Debt to equity : 0.19
⚡Profit Var 3Yrs : 22.8 %
⚡Sales growth 3Years : 24.3 %
2 Universal cables
Universal Cables is predominantly engaged in the business of manufacturing a large range of power cables from 1.1kV to 400kV & capacitors, Turnkey Projects relating thereto and other types of wires and cables, conductors, etc
#universalcables
👉 Product portfolio
⚡Cables
⚡Capacitors
⚡Technical Services
⚡Handling and Installation
⚡EPC Division (Engineering, Procurement, and Construction)
⚡Automatic PF Correction Systems
⚡Harmonic Analysis and PF Studies
👉 Growth strategies
⚡Expanding Product Range: UCL has diversified its product portfolio to cater to a wider range of customer needs.
⚡Research and Development: UCL prioritizes research and development to stay ahead of technological advancements in the cable industry.
⚡Domestic Market Penetration: UCL has been actively expanding its reach within the Indian market by targeting new regions and customer segments.
👉 Future initiatives
⚡Developing cables with embedded sensors and IoT capabilities for real-time monitoring and predictive maintenance.
⚡Expanding into niche markets such as solar cables, wind turbine cables, and data center cables to capitalize on growing demand.
⚡Exploring opportunities in emerging markets with high growth potential, such as Southeast Asia and Africa.
👉Key ratios
⚡Market Cap : ₹ 2,426 Cr.
⚡Current Price : ₹ 697
⚡Stock P/E : 27.0
⚡ROCE : 10.0 %
⚡ROE : 6.59 %
⚡Debt to equity : 0.43
⚡Profit Var 3Yrs : 17.2 %
⚡Sales growth 3Years : 16.4 %
3 Paramount communications ltd
Paramount Communications is engaged in manufacturing of Wires and Cables comprising of power cables, telecom cables, railway cables and specialised cables.
#Paramount
👉 Product portfolio
⚡Power Cables
⚡Telecom Cables
⚡Railways Cables
⚡Specialized Cables
⚡EPC Services
👉 Growth strategies
⚡Expanding product range to include cables for various industries such as railway, telecom, and solar.
⚡Targeting international markets to increase revenue and profitability.
Developing relationships with other businesses to increase B2B revenue.
⚡Leveraging unused resources to increase productivity and output for higher margins
👉 Future initiatives
⚡The company is looking to expand its product portfolio beyond traditional wires and cables to include products such as optical fibers, data cables
⚡Paramount Communications Ltd. is aiming to increase its presence in both domestic and international markets.
⚡The company is investing in research and development to adopt new technologies and improve its product offerings.
👉Key ratios
⚡Market Cap : ₹ 2,749 Cr.
⚡Current Price : ₹ 88
⚡Stock P/E : 28.6
⚡ROCE : 15.4 %
⚡ROE : 19.6 %
⚡Debt to equity : 0.16
⚡Profit Var 3Yrs : 203 %
⚡Sales growth 3Years : 27.4 %
4 Dynamic cables Ltd
Dynamic Cables is a manufacturer of power infra cables that includes LT, HT, EHVC, Power control & instrumentation cables, flexible & industrial cables, solar cables and railway signaling cables
#dynamiccables
👉 Products
⚡Power Cables
⚡Control Cables
⚡Special Cables
⚡Wire
👉 Growth strategies
⚡The company has diversified its product portfolio to include a wider range of cables, such as overhead conductors, railway cables, and signaling cables.
⚡Dynamic Cables has invested in research and development to develop innovative new products that meet the evolving needs of the market.
👉Future initiatives
⚡The company plans to expand its product range to include specialty cables for emerging sectors like electric vehicles, renewable energy, and data centers.
⚡The company aims to increase its market share in India by focusing on regions with high growth potential.
⚡The company will invest in advanced manufacturing technologies to improve efficiency, reduce costs, and enhance product quality.
👉Key ratios
⚡Market Cap : ₹ 1,424 Cr.
⚡Current Price ; ₹ 584
⚡Stock P/E : 37.5
⚡ROCE : 24.1 %
⚡ROE : 19.3 %
⚡Debt to equity : 0.56
⚡Profit Var 3Yrs : 56.6 %
⚡Sales growth 3Years : 30.9 %
5 V Marc India Ltd
V -Marc India manufactures PVC Insulated Wires & Cables
#VMARC
👉 Products
a) LT Cables:
LT PVC Power & Control Cables, LT XLPE Aerial Bunched Cables, LT XLPE Power & Control Cables
b) HT Cables:
HT Cables (Upto 33 kV), Medium Voltage Covered Conductors
c) Communication Cables
CCTV Cables, CO-AXIAL CABLES, LAN Cables, Telephone & Switchboard Cables
👉 Growth strategies
⚡V-Marc India has been diversifying its product portfolio to cater to a wider range of customers and industries
⚡The company has been focusing on expanding its geographical reach both domestically and internationally.
⚡V-Marc India has been investing in research and development to adopt advanced technologies and improve their manufacturing processes.
👉Future initiatives
⚡New Manufacturing Facility: The company plans to set up a new manufacturing facility to increase its production capacity
⚡New Product Lines: The company is exploring opportunities to diversify its product offerings
⚡The company aims to expand its market reach both domestically and internationally
👉Key ratios
⚡Market Cap : ₹ 1,060 Cr.
⚡Current Price : ₹ 420
⚡Stock P/E : 39.5
⚡ROCE ; 28.9 %
⚡ROE : 28.8 %
⚡Debt to equity ; 1.32
⚡Profit Var 3Yrs : 66.8 %
⚡Sales growth 3Years : 48.3 %
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