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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comUniversal Cables Limited, a key player in the Indian electrical cable and wire industry, has established itself as a strong and reliable company with a legacy of over six decades. It caters to power utilities, railways, industrial sectors, and infrastructure development projects across India. Known for its technical excellence and wide product portfolio, Universal Cables has the potential for long-term value creation in the stock market.
In this article, we’ll analyze Universal Cables' current share performance, business fundamentals, and provide a forecast of its share price targets from 2025 to 2030.
| Detail | Value |
|---|---|
| Open | ₹728.00 |
| Previous Close | ₹722.00 |
| Day’s High | ₹728.00 |
| Day’s Low | ₹704.65 |
| VWAP | ₹713.44 |
| 52-Week High | ₹866.25 |
| 52-Week Low | ₹407.25 |
| All-Time High | ₹938.00 |
| All-Time Low | ₹4.20 |
| Market Capitalization | ₹2,480 Cr |
| Beta (Volatility) | 1.08 |
| Book Value Per Share | ₹524.88 |
| Face Value | ₹10 |
| Dividend Yield | 0.56% |
Universal Cables Ltd, part of the MP Birla Group, manufactures a diverse range of power and control cables, instrumentation cables, elastomeric cables, and specialized cables for various sectors including railways, telecom, and defense.
With state-of-the-art manufacturing facilities and a focus on R&D, the company continues to grow steadily. It also produces capacitors and has a joint venture with Japanese company Furukawa Electric for EHV cables.
Key Highlights:
Strong presence in infrastructure and utilities sector
Technical collaboration with Furukawa Electric
Healthy balance sheet and stable earnings
Focused on expanding cable capacity and product diversification
Trusted supplier for Indian Railways and power transmission utilities
| Investor Type | Holding (%) |
|---|---|
| Promoters | 61.89% |
| Retail & Others | 31.27% |
| Mutual Funds | 5.78% |
| Other Domestic Institutions | 0.88% |
| Foreign Institutions | 0.18% |
This strong promoter holding indicates trust in the company’s future and ensures stability in decision-making.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 730 | 765 |
| 2026 | 780 | 820 |
| 2027 | 830 | 890 |
| 2028 | 900 | 960 |
| 2029 | 970 | 1,040 |
| 2030 | 1,050 | 1,150 |
These targets are based on current fundamentals, growth prospects in the cable and power sector, historical performance, and technical indicators.
In 2025, Universal Cables is likely to maintain a steady upward trajectory, supported by strong Q1 and Q2 earnings and infrastructure demand.
Why?
High demand for power and control cables
Stability in raw material prices
Strong promoter confidence
Investment Advice: Buy on dips; ideal for SIP-based accumulation.
The company is expected to benefit from increased government capex in the power and railways sector.
Why?
Higher cable orders from state utilities
Expanding customer base in domestic and export markets
Enhanced operational efficiency
Investment Advice: Continue holding; review quarterly earnings and dividend payout trend.
With increasing adoption of smart grids and metro rail expansion projects, Universal Cables is poised to gain.
Why?
New contracts in railway electrification
JV with Furukawa enhancing technical capabilities
Better margins due to in-house raw material sourcing
Investment Advice: Strong buy for medium- to long-term goals; reinvest dividends.
Universal Cables is likely to benefit from automation and digitization in infrastructure development.
Why?
Growing demand from renewable energy sector
High delivery percentage (above 60%) indicates investor confidence
Upgraded production facilities
Investment Advice: Great time to build core positions; potential multi-bagger for long-term investors.
By 2029, the company could benefit from its niche product offerings and expand globally.
Why?
Increasing export orders to Africa and Southeast Asia
Strong brand presence in public sector undertakings
Rising EPS and consistent profitability
Investment Advice: Hold with confidence; scope for compounding returns over time.
If current growth continues, Universal Cables may touch four-digit figures consistently by 2030.
Why?
Leadership in specialty cables and capacitors
Strong order book and balance sheet
Expansion in allied verticals like solar cables
Investment Advice: A sound pick for retirement portfolios or long-term wealth creation.
Yes. Universal Cables Ltd is a fundamentally strong company with low debt, consistent dividends, and growth in earnings. Its focus on power transmission, metro projects, and government-led electrification gives it a strategic advantage in the coming decade.
Solid promoter holding (61.89%)
Low volatility with Beta of 1.08
Steady dividend yield and consistent profitability
Technical collaboration with Furukawa Electric
Dependence on public sector orders
Raw material price volatility (copper, aluminum)
Policy changes in power and infrastructure sectors
Always consult a SEBI-registered advisor before investing.
Universal Cables Ltd presents a stable and promising opportunity for long-term investors who are seeking exposure in the growing Indian infrastructure and power transmission sector. With a current price around ₹722.00, the stock is trading below its 52-week high, providing a favorable entry point.
Analysts believe that with a strong order pipeline, robust financials, and market leadership in specialty cables, the stock may achieve a target of ₹1,150 by 2030.
Keep an eye on results, market trends, and sectoral performance for better decision-making.
1. What is Universal Cables Ltd’s current share price?
Around ₹722.00 as of August 5, 2025.
2. What is the Universal Cables share price target for 2025?
Between ₹730 and ₹765, depending on market conditions and earnings.
3. Is Universal Cables a good long-term investment?
Yes, given its stable fundamentals, consistent performance, and industry growth potential.
4. Who are the major shareholders of Universal Cables?
Promoters hold around 61.89%, followed by retail investors at 31.27%.
5. What is the dividend yield of Universal Cables?
Currently around 0.56%.
6. Has Universal Cables ever touched ₹1,000+?
Its all-time high is ₹938.00, making ₹1,000+ a potential future milestone.
7. How does Universal Cables compare to peers?
It has a niche position in high-end cables, with superior margins and partnerships.
8. Should I invest now or wait?
If you're a long-term investor, consider staggered entries or SIPs, especially during market corrections.
Disclaimer: This blog is for educational and informational purposes only. Stock investments are subject to market risks. Always do your own research or consult a financial advisor before investing.
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