Prime Cable Ind.

Why is Prime Cable Industries Limited falling/rising?

As of 18-Jul, Prime Cable Industries Limited's stock price is currently at 179.55, reflecting a decrease of 9.45, or 5.0%. Despite this decline, the stock has shown strong historical performance and positive investor engagement, indicating that the recent drop may be temporary.

As of 18-Jul, Prime Cable Industries Limited's stock price is currently at 179.55, reflecting a decrease of 9.45, or 5.0%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 14.40% and 56.27%, respectively. Year-to-date, the stock has increased by an impressive 111.73%, significantly outperforming the Sensex, which has declined by 6.87% during the same period.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 3.71%. However, it is noteworthy that Prime Cable Industries is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a generally positive trend prior to the current drop. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 185.71% against the 5-day average, indicating heightened interest in the stock.<BR><BR>In summary, while the stock is currently experiencing a decline, its strong historical performance, positive investor engagement, and favorable moving averages suggest that the recent drop may be a temporary fluctuation rather than a reflection of underlying weakness.

Which are the latest news on Prime Cable Ind.?

What does Prime Cable Ind. do?

Prime Cable Industries Limited operates in the electrical cables industry as a micro-cap company with a market cap of INR 204 Cr. Key financial metrics include a P/E ratio of 15.00, a debt-equity ratio of 2.51, and a return on equity of 93.98%.

Overview:<BR>Prime Cable Industries Limited operates in the electrical cables industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The incorporation year and any status changes are not provided. There are no sales and profit reports available for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 204 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 15.00<BR>Industry P/E: 48<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 2.51<BR>Return on Equity: 93.98%<BR>Price-to-Book: 13.93<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Prime Cable Ind.?

Prime Cable Ind.'s peers include Quadrant Future, Cords Cable, Plaza Wires, Jainik Power, Rex Pipes&Cables, DCG Cables, Bhadora Indust., and Ultracab India, with varying management and growth risks. Rex Pipes&Cables has the highest 1-year return at 33.88%, while Quadrant Future has the lowest at -31.93%.

Peers: The peers of Prime Cable Ind. are Quadrant Future, Cords Cable, Plaza Wires, Jainik Power, Rex Pipes&Cables, DCG Cables, Bhadora Indust., and Ultracab India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jainik Power and Bhadora Indust., while Good management risk is found at Cords Cable. Average management risk is present at Rex Pipes&Cables and DCG Cables, and Below Average management risk is noted at Quadrant Future, Plaza Wires, and Ultracab India. In terms of Growth, Excellent growth is seen at Jainik Power and DCG Cables, while Good growth is only at Jainik Power. Average growth is observed at Cords Cable and the rest, while Below Average growth is noted at Quadrant Future, Plaza Wires, Rex Pipes&Cables, Ultracab India, and Bhadora Indust. Capital Structure ratings show Excellent at Jainik Power, Good at Bhadora Indust., Average at Cords Cable and DCG Cables, and Below Average at Quadrant Future, Plaza Wires, Rex Pipes&Cables, and Ultracab India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rex Pipes&Cables at 33.88%, while the lowest is Quadrant Future at -31.93%. Prime Cable Ind. does not have a 1-year return available for comparison. Additionally, the six-month returns are negative for Bhadora Indust. and DCG Cables.