THREE CABLE STOCKS THAT HAVE GIVEN STRONG RETURN IN LAST 6 MONTHS

The infrastructure boom in India is proving to be a significant growth driver for cable stocks, delivering impressive returns over the past six months. As residential, commercial, and industrial construction activity picks up, companies in the electrical goods and cabling sector are witnessing strong demand, translating into notable gains for investors. Some of the stocks that have significant gains are:

- the company manufactures and sells a comprehensive range of power cables including Low Tension, High Tension, Extra High Voltage, control and instrumentation cables, specialty cables, elastomeric and rubber cables, submersible cables, flexible and house wires, and winding wires. With a market capitalization of Rs 39,479 crore, the stock has given a 6-month return of 60%. - the company is a leading Fast-Moving Electrical Goods (FMEG) company and the largest manufacturer of wires and cables in India offerring a wide range of products including fans, switches, water heaters, switchgears, luminaires for residential, commercial, and industrial use, solar panels, conduits, accessories, and home automation solutions. With a market capitalization of Rs 1,14,636 crore, the stock has given a 6-month return of 55%. - the company operates primarily in the manufacturing of PVC insulated wires and cables, power cables, switches, fans, lighting, switchgears, appliances, and special cables. It is recognized as a prominent conglomerate in the electrical sector, spanning multiple business verticals. With a market capitalization of Rs 14,305 crore, the stock has given a 6-month return of 40%.