Investors seeking affordable yet promising opportunities can explore cable stocks priced under ₹100 with a low price-to-earnings (PE) ratio. These stocks may offer strong fundamentals, steady demand, and growth potential, making them attractive for value investors and long-term holdings.
A low PE ratio often indicates undervaluation, suggesting these stocks could provide significant upside as the sector expands. With increasing infrastructure projects and rising connectivity needs, well-positioned cable companies may witness sustained demand, making them potential candidates for portfolio diversification and steady returns.
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DCG Cables
On March 7, 2025, DCG Cables & Wires Limited opened at ₹64.90, up 3.02% from its previous close of ₹63.00. The stock reached a high of ₹66.15 (5.00%) and a low of ₹62.70. By 3:39 PM, it traded at ₹66.15, a 5.00% increase, with a market cap of ₹120.06 crore.
DCG Cables & Wires Ltd. has a low PE ratio of 12.9, compared to the industry average of 24.66. This indicates potential undervaluation, presenting an opportunity for investors looking for value in the cables and wires sector.
DCG Cables & Wires Ltd. (NSE: DCG) specializes in manufacturing copper cables and wires for transformer manufacturers. Founded in 2017, its product range includes copper strips, paper-covered conductors, connection cables, bare copper wires, and fiberglass-coated copper solutions.
Marco Cables
On March 7, 2025, Marco Cables & Conductors Limited opened at ₹43.50, unchanged from its previous close of ₹43.50. The stock reached a high of ₹44.90 (3.22%) and a low of ₹43.10. By 3:41 PM, it traded at ₹43.45, down 0.11%, with a market cap of ₹81.25 crore.
Marco Cables & Conductors Ltd. has a low PE ratio of 15.6, significantly below the industry average of 24.66. This suggests potential undervaluation, making it an interesting prospect for investors seeking opportunities in the cables and conductors sector.
Marco Cables & Conductors Ltd. (NSE: MARCO), incorporated in 1989, manufactures and sells wires, cable wires, and conductors in India. Its product range includes LT Aerial Bunched Cables, designed for safe and reliable power distribution in challenging terrains.
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Ultracab (India)
On March 7, 2025, Ultracab (India) Ltd opened at ₹13.59, up 1.27% from its previous close of ₹13.42. The stock reached a high of ₹13.59 (1.27%) and a low of ₹13.00. By 3:43 PM, it traded at ₹13.05, down 2.76%, with a market cap of ₹160.46 crore.
Ultracab (India) Ltd. has a low PE ratio of 13.59, compared to the industry average of 24.66. This indicates potential undervaluation, presenting an opportunity for investors looking at the cables and wires sector for growth and value investments.
Ultracab (India) Ltd. (BSE: 538706), incorporated in 2007, specializes in manufacturing and exporting electric wires and cables. Its diverse product portfolio includes domestic, international, special, UL & cUL approved cables, and submersible winding wires, catering to various industrial and commercial needs.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
