Universal Cables Ltd. Surges Amid Broader Market Gains and Positive Trends

Sep 18 2025 02:50 PM IST
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Universal Cables Ltd. experienced notable activity on September 18, 2025, with a significant increase in its stock price, outperforming its sector. The stock has shown consistent gains over the past two days and is trading above multiple moving averages, indicating a strong upward trend. The broader market also opened higher, with the Sensex nearing its 52-week high.
Universal Cables Ltd., a small-cap player in the electrical cables industry, has shown significant activity today, gaining 7.33% on September 18, 2025. This performance marks a notable outperformance against its sector, exceeding sector gains by 7.64%. The stock has been on a positive trajectory, achieving consecutive gains over the last two days, with a total return of 11.32% during this period.

Today, Universal Cables reached an intraday high of Rs 795, reflecting a 7.58% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.

In the broader market context, the Sensex opened higher at 83,108.92, gaining 415.21 points (0.5%), and is currently trading at 82,821.02, up 0.15%. The index is nearing its 52-week high and has shown a bullish trend, trading above its 50-day moving average. Over the past three weeks, the Sensex has gained 3.77%, with mid-cap stocks leading the market today.
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