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- BIRLACABLE
BIRLACABLE
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- 1M
- 6M
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Recent events
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News
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Corporate Actions
Birla Cable Sept-Quarter Consol Net Profit 18.2 Mln Rupees
Oct 24 (Reuters) - Birla Cable Ltd BRLE.NS:
SEPT-QUARTER CONSOL NET PROFIT 18.2 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.82 BILLION RUPEES
Source text for Eikon: ID:nBSE40T3bn
Further company coverage: BRLE.NS
(([email protected];;))
Oct 24 (Reuters) - Birla Cable Ltd BRLE.NS:
SEPT-QUARTER CONSOL NET PROFIT 18.2 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.82 BILLION RUPEES
Source text for Eikon: ID:nBSE40T3bn
Further company coverage: BRLE.NS
(([email protected];;))
India's Birla Cable slips after Q1 profit drop
** Shares of Birla Cable Ltd BRLE.NS fall as much as 6.4% to 255.40 rupees
** Telecommunication cables maker reported a ~99% fall in its Q1 consol net profit to 1.4 mln rupees ($16,674)
** Consol rev fell 4.7% y/y
** Stock on track to lose for third straight day
** More than 251,000 shares traded as of 12:05 p.m. IST, vs their 30-day moving avg of 577,149 shares
** BRLE last down 5%, adding to YTD losses of 9.5% so far
($1 = 83.9625 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Birla Cable Ltd BRLE.NS fall as much as 6.4% to 255.40 rupees
** Telecommunication cables maker reported a ~99% fall in its Q1 consol net profit to 1.4 mln rupees ($16,674)
** Consol rev fell 4.7% y/y
** Stock on track to lose for third straight day
** More than 251,000 shares traded as of 12:05 p.m. IST, vs their 30-day moving avg of 577,149 shares
** BRLE last down 5%, adding to YTD losses of 9.5% so far
($1 = 83.9625 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Birla Cable To Take Up Matter on European Commission's Proposed Provisional Anti-Dumping Duty with Relevant Forums
June 18 (Reuters) - Birla Cable Ltd BRLE.NS:
EUROPEAN COMMISSION HAS PROPOSED A PROVISIONAL ANTI-DUMPING DUTY OF 8.70 % OF CIF UNION BORDER PRICE
IF MADE EFFECTIVE, EXPORTS OF SINGLE MODE OPTICAL FIBRE CABLES TO EUROPEAN UNION WOULD ATTRACT PROVISIONAL ANTI-DUMPING DUTY
CO IS TAKING UP MATTER IN RELEVANT FORUMS OF EUROPEAN COMMISSION
Further company coverage: BRLE.NS
(([email protected];))
June 18 (Reuters) - Birla Cable Ltd BRLE.NS:
EUROPEAN COMMISSION HAS PROPOSED A PROVISIONAL ANTI-DUMPING DUTY OF 8.70 % OF CIF UNION BORDER PRICE
IF MADE EFFECTIVE, EXPORTS OF SINGLE MODE OPTICAL FIBRE CABLES TO EUROPEAN UNION WOULD ATTRACT PROVISIONAL ANTI-DUMPING DUTY
CO IS TAKING UP MATTER IN RELEVANT FORUMS OF EUROPEAN COMMISSION
Further company coverage: BRLE.NS
(([email protected];))
India's Birla Cable falls on quarterly profit drop
** Shares of Birla Cable BRLE.NS fall as much as 8% to 233.7 rupees, their lowest level since April 1
** Telecommunication cables maker reports 88% drop in March-qtr consol net profit, rev drops 29%
** Stock last down 6%, set for its worst day in two months
** BRLE trading below 50-, 100-, and 200-day simple moving averages
** Stock down 16.5% YTD after more than doubling in 2023
(Reporting by Nishit Navin)
(([email protected];))
** Shares of Birla Cable BRLE.NS fall as much as 8% to 233.7 rupees, their lowest level since April 1
** Telecommunication cables maker reports 88% drop in March-qtr consol net profit, rev drops 29%
** Stock last down 6%, set for its worst day in two months
** BRLE trading below 50-, 100-, and 200-day simple moving averages
** Stock down 16.5% YTD after more than doubling in 2023
(Reporting by Nishit Navin)
(([email protected];))
Birla Cable Approves Expansion Of Production Capacity Of Data Cables
March 29 (Reuters) - Birla Cable Ltd BRLE.NS:
BIRLA CABLE LTD - APPROVED EXPANSION OF PRODUCTION CAPACITY OF DATA CABLES
BIRLA CABLE - EXPANSION OF PRODUCTION CAPACITY OF DATA CABLES BY 10,000 BOXES/MONTH AT MANUFACTURING FACILITY AT REWA, MADHYA PRADESH
Source text for Eikon: ID:nBSE4vRv4w
Further company coverage: BRLE.NS
(([email protected];;))
March 29 (Reuters) - Birla Cable Ltd BRLE.NS:
BIRLA CABLE LTD - APPROVED EXPANSION OF PRODUCTION CAPACITY OF DATA CABLES
BIRLA CABLE - EXPANSION OF PRODUCTION CAPACITY OF DATA CABLES BY 10,000 BOXES/MONTH AT MANUFACTURING FACILITY AT REWA, MADHYA PRADESH
Source text for Eikon: ID:nBSE4vRv4w
Further company coverage: BRLE.NS
(([email protected];;))
Birla Cable Dec-Quarter Consol Net Profit Falls
Feb 2 (Reuters) - Birla Cable Ltd BRLE.NS:
BIRLA CABLE DEC-QUARTER CONSOL NET PROFIT 38 MILLION RUPEES VERSUS PROFIT 82 MILLION RUPEES
BIRLA CABLE DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.62 BILLION RUPEES VERSUS 2 BILLION RUPEES
Source text for Eikon: ID:nBSE9XWwsj
Further company coverage: BRLE.NS
(([email protected];))
Feb 2 (Reuters) - Birla Cable Ltd BRLE.NS:
BIRLA CABLE DEC-QUARTER CONSOL NET PROFIT 38 MILLION RUPEES VERSUS PROFIT 82 MILLION RUPEES
BIRLA CABLE DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.62 BILLION RUPEES VERSUS 2 BILLION RUPEES
Source text for Eikon: ID:nBSE9XWwsj
Further company coverage: BRLE.NS
(([email protected];))
India's Birla Cable hits near 4-month high on March-qtr profit rise
** Shares of Birla Cable Ltd BRLE.NS rise as much as 7.3% to 153.15 rupees, hitting their highest since Jan. 10
** Telecommunication cables maker reports 22.4% rise in March-qtr net profit to 129.6 mln rupees ($1.58 mln), compared with 105.8 mln rupees a year earlier
** Rev from ops rises 51.3% to 2.45 bln rupees
** Co appoints Somesh Laddha as CFO and re-appoints CEO R. Sridharan, recommends dividend of 2.5 rupees per share
** Stock trading above 50-, 100-, and 200-day moving averages
** Moving Average Convergence Divergence (MACD) line above signal line since March 31, suggesting bullish momentum
** More than 237,580 shares change hands by 9:30 a.m. IST, 2.8x the 30-day avg
** Stock up 3.8% so far this year, up to last close
($1 = 81.7670 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of Birla Cable Ltd BRLE.NS rise as much as 7.3% to 153.15 rupees, hitting their highest since Jan. 10
** Telecommunication cables maker reports 22.4% rise in March-qtr net profit to 129.6 mln rupees ($1.58 mln), compared with 105.8 mln rupees a year earlier
** Rev from ops rises 51.3% to 2.45 bln rupees
** Co appoints Somesh Laddha as CFO and re-appoints CEO R. Sridharan, recommends dividend of 2.5 rupees per share
** Stock trading above 50-, 100-, and 200-day moving averages
** Moving Average Convergence Divergence (MACD) line above signal line since March 31, suggesting bullish momentum
** More than 237,580 shares change hands by 9:30 a.m. IST, 2.8x the 30-day avg
** Stock up 3.8% so far this year, up to last close
($1 = 81.7670 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
Birla Cable Says Somesh Laddha Named CFO
May 2 (Reuters) - Birla Cable Ltd BRLE.NS:
SOMESH LADDHA NAMED CFO
R. SRIDHARAN REAPPOINTED CEO
Source text for Eikon: ID:nBSE1DqZpL
Further company coverage: BRLE.NS
(([email protected];))
May 2 (Reuters) - Birla Cable Ltd BRLE.NS:
SOMESH LADDHA NAMED CFO
R. SRIDHARAN REAPPOINTED CEO
Source text for Eikon: ID:nBSE1DqZpL
Further company coverage: BRLE.NS
(([email protected];))
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Popular questions
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What does Birla Cable do?
Birla Cable Limited, a division of M. P. Birla Group in India, is a top provider of Copper and Fibre Optic cables known for superior quality and performance. It is a key player in the global Telecom cables market.
Who are the competitors of Birla Cable?
Birla Cable major competitors are V-Marc India, Cords Cable Inds, RTS Power Corp, Ultracab, CMI, Bharat Wire Ropes, Dynamic Cables. Market Cap of Birla Cable is ₹472 Crs. While the median market cap of its peers are ₹236 Crs.
Is Birla Cable financially stable compared to its competitors?
Birla Cable seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Birla Cable pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Birla Cable latest dividend payout ratio is 23.71% and 3yr average dividend payout ratio is 22.39%
How has Birla Cable allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Birla Cable balance sheet?
Balance sheet of Birla Cable is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Birla Cable improving?
No, profit is decreasing. The profit of Birla Cable is ₹5 Crs for TTM, ₹22.14 Crs for Mar 2024 and ₹32.94 Crs for Mar 2023.
Is the debt of Birla Cable increasing or decreasing?
The debt of Birla Cable is decreasing. Latest debt of Birla Cable is ₹133 Crs as of Sep-24. This is less than Mar-24 when it was ₹158 Crs.
Is Birla Cable stock expensive?
Yes, Birla Cable is expensive. Latest PE of Birla Cable is 94.54, while 3 year average PE is 41.81. Also latest EV/EBITDA of Birla Cable is 18.94 while 3yr average is 14.23.
Has the share price of Birla Cable grown faster than its competition?
Birla Cable has given lower returns compared to its competitors. Birla Cable has grown at ~28.17% over the last 4yrs while peers have grown at a median rate of 46.7%
Is the promoter bullish about Birla Cable?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Birla Cable is 66.35% and last quarter promoter holding is 66.35%.
Are mutual funds buying/selling Birla Cable?
There is Insufficient data to gauge this.