Universal Cables Shows Strong Short-Term Gains Amid Bullish Market Trends

Universal Cables Ltd., a small-cap player in the electrical cables industry, has shown significant activity today, gaining 8.38% on June 20, 2025. The stock reached an intraday high of Rs 700, outperforming its sector by 7.99%. This performance is notable against the backdrop of a bullish market, as the Sensex rose sharply by 1.03% after a flat opening, climbing to 82,199.65 points.
In terms of moving averages, Universal Cables is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term trend. Over the past week, the stock has increased by 6.70%, and over the past month, it has surged by 21.23%, significantly outpacing the Sensex's respective gains of 1.33% and 1.25%.

Despite a challenging year-to-date performance of -14.30%, Universal Cables has demonstrated remarkable long-term growth, with a staggering 442.82% increase over the past three years and an impressive 1691.53% rise over the last decade. This performance highlights the company's resilience and market position within the electrical cables sector.