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Cords Cable Industries Limited is currently in a long term uptrend where the price is trading 46.8% above its 200 day moving average.
From a valuation standpoint, the stock is 97.6% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.2.
Cords Cable Industries Limited's total revenue sank by 20.4% to $901M since the same quarter in the previous year.
Its net income has dropped by 37.5% to $13M since the same quarter in the previous year.
Finally, its free cash flow fell by 55.4% to $93M since the same quarter in the previous year.
Based on the above factors, Cords Cable Industries Limited gets an overall score of 2/5.
| Industry | Electrical Equipment & Parts |
|---|---|
| Sector | Industrials |
| CurrencyCode | INR |
| ISIN | INE792I01017 |
| Exchange | NSE |
| Beta | 0.99 |
|---|---|
| Market Cap | 869M |
| Dividend Yield | 0.0% |
| Target Price | 139 |
| PE Ratio | 12.25 |
Cords Cable Industries Limited designs, develops, manufactures, and sells power, control, instrumentation, thermocouple extension/compensating, and communication cables in India. It offers cables, such as fieldbus, fire survival, EPR, low temperature, fire retardant low smoke, low smoke zero halogen, oil and gas, water desalination and special custom designed hybrid, and PV solar cables. The company's control cables are used in interconnection of process control, communication, and panel control systems; electrical cables are used for electric power, lighting, and internal wiring; and LV power cables are used in connecting power supply to residential, commercial, and industrial units. Its instrumentation, signal, and data cables are applied in data acquisition systems, computer networking, PA systems, digital control/measuring, and communication systems; and thermocouple cables are used to extend thermocouple circuits from the sensor to reference units. The company also exports its products. It serves power generation, electricity transmission and distribution, oil refining and distribution, petrochemicals, iron and steel, chemicals and fertilizers, cement, and engineering industries. The company was founded in 1987 and is headquartered in New Delhi, India.
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