Cable Stocks with High ROCE

The table below shows the cable stocks with high ROCE based on the Highest Market Capitalization.

What Are The Cable Stocks with High ROCE?

Cable stocks refer to shares of companies that manufacture, distribute, and sell cables and related products. These cables include electrical, telecommunications, and fiber optics, essential for various industries. High ROCE (Return on Capital Employed) in cable stocks signifies efficient use of capital, strong operational performance, and potential for high profitability, making them attractive to investors.

Features Of Cable Stocks with High ROCE

The feature of cable stocks with high ROCE indicates a company’s ability to generate significant profits from its capital. This efficiency suggests strong management and operational excellence, leading to better financial health and investor confidence.

1. Operational Efficiency: Companies with high ROCE demonstrate superior operational efficiency, maximizing output with minimal capital investment.
2. Strong Market Position: These companies often hold a dominant market position, allowing for better pricing power and competitive advantage.
3. Effective Cost Management: High ROCE reflects effective cost management strategies, ensuring profitability even in fluctuating market conditions.
4. Robust Cash Flow: These companies typically generate robust cash flow, supporting further investments and shareholder returns.
5. Sustainable Growth: High ROCE in cable stocks often correlates with sustainable growth prospects, driven by innovation and market demand.

Best Cable Stocks with High ROCE

The table below shows the best cable stocks with high ROCE based on the highest day Volume.

Top Cable Stocks with High ROCE in India

The table below shows the top cable stocks with high ROCE in India based on 1-Year Return. 

Factors To Consider When Investing In Cable Stocks with High ROCE

The factors to consider when investing in cable stocks with high ROCE include understanding the industry’s growth potential and the company’s market position and competitive advantage.

1. Financial Health: Analyze the company’s debt levels and profitability to ensure long-term sustainability.
2. Market Trends: Monitor industry trends and technological advancements that might impact future growth.
3. Management Quality: Evaluate the experience and track record of the company’s management team.
4. Dividend Yield: Consider the dividend payout and its consistency over time.
5. Valuation: Assess if the stock is priced fairly based on its ROCE and future earnings potential.

How To Invest In Cable Stocks with High ROCE?

To invest in cable stocks with high ROCE, start by researching companies with robust financial health and strong industry positions. Open a brokerage account through Alice Blue, analyze market trends, and diversify your portfolio. Consult financial advisors for personalized guidance and stay updated on industry developments to manage risks effectively.

Advantages Of Investing In Cable Stocks with High ROCE

The primary advantage of investing in cable stocks with high ROCE is the potential for superior returns due to efficient capital utilization and strong financial performance.

1. Profitability: High ROCE indicates effective use of capital, leading to higher profitability.
2. Growth Potential: Companies with high ROCE often reinvest profits into growth opportunities.
3. Market Leadership: High ROCE firms are usually industry leaders with competitive advantages.
4. Shareholder Value: Consistent high ROCE often translates into increased shareholder value.
5. Stability: These companies typically have stable and predictable cash flows.

Risks Of Investing In Cable Stocks with High ROCE

The main risk of investing in cable stocks with high ROCE is that market conditions and technological disruptions can significantly impact their performance and long-term profitability.

1. Market Volatility: Economic downturns can affect the cable industry’s performance.
2. Technological Changes: Rapid advancements can render existing technologies obsolete.
3. Regulatory Risks: Changes in government regulations can impact operations and profitability.
4. Competition: Increased competition can erode market share and profitability.
5. Capital Intensive: High capital expenditure requirements can strain financial resources.

Introduction to Cable Stocks with High ROCE

KEI Industries Ltd

The Market Cap of KEI Industries Ltd is Rs. 38,209.58 crores. The stock’s monthly return is -5.38%. Its one-year return is 70.90%. The stock is 15.68% away from its 52-week high.

KEI Industries Limited, located in India, is a manufacturer of wires and cables. The company is divided into segments including Cables and Wires, Stainless Steel Wire, and Engineering, Procurement, and Construction (EPC) Projects. 

The Cables and Wires segment focuses on producing and selling a wide range of power cables such as low tension, high tension, and extra high voltage, as well as control and instrumentation cables, specialty cables, elastomeric/rubber cables, flexible and house wires, and winding wires. The Stainless Steel Wire segment involves the manufacturing, sale, and job work associated with stainless steel wires.  

Motherson Sumi Wiring India Ltd

The Market Cap of Motherson Sumi Wiring India Ltd is Rs. 32,800.20 crores. The stock’s monthly return is -1.93%. Its one-year return is 19.37%. The stock is 6.37% away from its 52-week high.

Motherson Sumi Wiring India Limited, an India-based company, serves as a solutions provider to original equipment manufacturers (OEMs) in the wiring harness sector in India. 

The company offers comprehensive system solutions to its clients, addressing their needs at every stage of the supply chain. This includes product design, validation, tool design and manufacturing, finishing, processing, assembly, and production of advanced Electrical & Electronic Distribution Systems for power supply and data transfer in vehicles, as well as inline sequencing supplies.  

Finolex Cables Ltd

The Market Cap of Finolex Cables Ltd is Rs. 23,421.90 crores. The stock’s monthly return is -7.28%. Its one-year return is 51.31%. The stock is 8.90% away from its 52-week high.

Finolex Cables Limited, an India-based company, offers comprehensive cable solutions. The company focuses on manufacturing various types of cables including electrical and communication cables. 

Its business segments comprise Electrical cables, Communication cables, Copper rods, and other products. The company’s product range consists of a variety of cables such as industrial cables, flexible cables, high voltage power cables, telephone cables, LAN cables, and fiber optic cables.  

R R Kabel Ltd

The Market Cap of R R Kabel Ltd is Rs. 19,593.80 crore. The stock’s monthly return is -1.06%. Its one-year return is 44.96%. The stock is 8.29% away from its 52-week high.

R R Kabel Limited is an Indian company specializing in consumer electrical products. The company manufactures and sells a range of wires and cables for various purposes such as house wiring, industrial use, power transmission, and special applications. 

Additionally, they also offer fast-moving electrical goods (FMEG) like fans, lighting fixtures, switches, and appliances. R R Kabel Limited is divided into two main segments: Wire and Cable, and FMEG. The Wire and Cable segment focuses on producing and marketing wires and cables, while the FMEG segment is responsible for the manufacturing and sale of fans, LED lighting, switches, switchgears, water heaters, and household appliances. 

DCX Systems Ltd

The Market Cap of DCX Systems Ltd is Rs. 4264.99 crores. The stock’s monthly return is 1.52%. Its one-year return is 35.44%. The stock is 15.24% away from its 52-week high.

DCX Systems Limited is an Indian company specializing in system integration and the manufacturing of cables and wire harness assemblies. The company also engages in kitting and the production of electronic sub-systems. 

DCX Systems undertakes system integration in areas such as radar systems, sensors, electronic warfare, missiles, and communication systems. Its services encompass electronics, electro-mechanical, and enclosure assembly, along with product repair support for the parts it manufactures.

Universal Cables Ltd

The Market Cap of Universal Cables Ltd is Rs. 3065.34 crores. The stock’s monthly return is 20.31%. Its one-year return is 109.53%. The stock is 3.95% away from its 52-week high.

Universal Cables Limited, an India-based company, specializes in the manufacturing and distribution of electrical cables, capacitors, wires, and turnkey projects primarily for electrical applications. 

The company offers a wide range of products under categories such as cables, capacitors, and handling/installation services. Their cable offerings include XLPE cables for high, medium, and low-voltage applications, as well as aerial bunched cables.

Paramount Communications Ltd

The Market Cap of Paramount Communications Ltd is Rs. 2220.54 crores. The stock’s monthly return is 0.52%. Its one-year return is 79.36%. The stock is 55.47% away from its 52-week high.

Paramount Communications Limited, an Indian company, specializes in the production of wires and cables, including power cables, telecommunication cables, railway cables, and specialized cables. 

Their diverse range of products includes high-tension (HT) and low-tension (LT) power cables, aerial bunch cables, control cables, optical fiber cables (OFC), jelly-filled cables, and more. With manufacturing facilities in Khushkhera, Rajasthan and Dharuhera, Haryana, the company exports its products to various countries such as Australia, Bangladesh, Chile, the United States, and many others.

Dynamic Cables Ltd

The market cap of Dynamic Cables Ltd is Rs. 1403.73 crore. The stock’s monthly return is -3.52%. Its one-year return is 32.59%. The stock is 14.55% away from its 52-week high.

Dynamic Cables Limited, an India-based company, specializes in manufacturing and supplying a wide range of cables and conductors. Their product lineup includes bare and insulated conductors, 66 KV power cables, LV control cables, LV concentric cables, railway signaling cables, and galvanized stay wire/earth wire. 

These products are utilized in various applications such as power generation, electricity transmission and distribution, airports, railways, and residential projects. The company operates three manufacturing plants located in Jaipur and Reengus.

Top Cable Stocks with High ROCE – FAQs

We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.

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.