Cable Industry

Can KEI keep its spark after another power-packed quarter? Analysts answer

The Cables & Wires (C&W) segment, which is KEI Industries' growth engine, saw revenues rise 23 per cent Y-o-Y, marking a six-year compound annual growth rate (CAGR) of 17 per cent.

Antique sees up to 34% upside in Precision Wires India; initiates with Buy

On the bourses, Precision Wires India share price rose as much as 2.77 per cent to an intraday high of ₹215 per share.

Polycab India stock gains 2% post Q1 results: Here's what brokerages say

Polycab India stock was trading 2 per cent higher at ₹7,024 after the company reported a strong set of earnings for the quarter ended June 2025

Over 500k cable TV jobs lost in India as OTT eats into market: Report

India's cable TV shrinks amid subscriber decline, digital disruption, and policy gaps. Still, industry leaders remain cautiously optimistic, eyeing the untapped growth opportunities

Strong domestic demand likely to help Polycab maintain growth trajectory

Sales in the fourth quarter (Q4) of FY25 were led by the domestic cable-and-wire (C&W) segment, which posted a 27 per cent volume growth year-on-year (Y-o-Y)

Trai likely to adjust cable TV rules for clearer business picture

Lahoti added that Trai, in its recent review of the regulations in 2024 for cable TV, critically examined whether certain regulations were truly needed in the industry

Adani, Aditya Birla Group to compete in wire, cable industry after cement

After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into the high double-digit growth sector. In less than a month, both groups -- who have been fiercely competing in the cement sector leaving smaller players way behind -- announced their entry into the wires and cables segment, which is dominated largely by unorganised players and some smaller companies. Entry of the two big players will intensify competition in the wires and cables industry, which posted 13 per cent compound annual growth rate (CAGR) in revenue between FY19 and FY24 and is migrating towards an organised branded market. This was evident as sensing disruption from these deep pockets, share prices of listed players in the wires and cable segments slumped a day after March 19, when Adani Enterprises informed bourses of entering the segment. Share price of Polycab India, a leader in

KEI, Polycab shares get electric shock, drop upto 15% as Adani enters mkt

KEI Industries, Polycab India shares: KEI Industries share price plunged 14.5 per cent intraday to a low of Rs 2,802 per share. Polycab India share price, meanwhile, fell 9.6 per cent intraday

India eyes potential to become a hub for submarine cables, global backbone

"Increase in the number of submarine cables is key to reducing latency, improving network speed and performance in India"

Wire and cable market has room for another player, says UltraTech

The company added that cement remains its core business, while entry into wires and cables is an adjacencies play

Paramount Cables Q2 results: PAT rises 4% to Rs 20 cr on higher income

Industrial wire maker Paramount Cables has reported a 4 per cent rise in its consolidated profit after tax to Rs 20.33 crore during the quarter ended September on account of higher income. It had posted Rs 19.48 crore profit after tax (PAT) in the July-September quarter of the preceding 2023-24 fiscal, the company said in an exchange filing. During the second quarter, the company's total income also rose to Rs 358.17 crore from Rs 254.32 crore a year ago, a 40 per cent rise. Paramount Cables manufactures multi-core cables, low and high-voltage cables, and extra-high-voltage cables for industrial applications.

Cable operators hike tariff 5-10% amid rising costs from broadcasters

Multi-Service Operators (MSOs) in the cable television industry have begun implementing tariff hikes ranging between 5-10 per cent from October 1, following a rise in broadcaster tariffs that started in August, according to industry officials. Leading operator Siti Cable has already rolled out the hike, effective from October 1, while other MSOs are either in the process of implementing the increase in a month and actively deliberating over how best to minimise the impact on subscribers. The goal is to absorb a significant portion of the broadcaster-led increase while passing on only a fraction to consumers. "We have not yet raised our tariffs, but it has become inevitable. We've been absorbing increased costs for the past two months, but we can no longer sustain it. On average, we will raise tariffs by 5-6 per cent, though other broadcasters have hiked rates by more than 10 per cent, and in some cases, by as much as 20 per cent," Meghbela Broadband Co-founder Tapabrata Mukherjee to

Paramount Cables Q3 results: Net profit climbs 54% to Rs 22 crore

Wires manufacturer Paramount Cables has reported a 54 per cent rise in its consolidated net profit at Rs 22.03 crore in the December quarter of the current fiscal, boosted by higher income. It had posted a net profit of Rs 14.32 crore during the October-December quarter in the preceding financial year, the company said in an exchange filing on Saturday. The company's total income rose to Rs 285.83 crore, up 29 per cent from Rs 221.99 crore in the year-ago period. It's expenses stood at Rs 263.77 crore as against Rs 207.68 crore year on year. Paramount Cables manufactures multi-core cables, low and high-voltage cables, besides extra-high-voltage cables for industrial applications.

Warner Bros Discovery in talks to merge with Paramount Global: Report

Both companies have struggled as consumers have canceled cable-TV subscriptions in favor of a new generation of streaming services

Govt notifies amendments to decriminalise Cable Television Networks Rules

In a bid to boost investor confidence, the government on Thursday notified amendments to the Cable Television Networks Rules that provide the operational mechanism for implementation of the decriminalised provisions of the Cable Television Networks (Regulation) Act. Section 16 of the Cable Television Networks (Regulation) Act, 1995 dealt with the punishment for contraventions under any of its provisions. This section had provision for imprisonment, which might extend up to two years in case of the first instance and five years for every subsequent offence. The imprisonment provisions have been now replaced with a monetary penalty and other non-monetary measures like advisory, warning and censure, an official statement said. These measures will be enforced through the designated officer defined in the rules notified on Thursday. Moreover, Section 16 now introduces an appeal mechanism against the order made by the designated officer. The punishments specified under Section 16 of the

Polycab India's Q1 profit soars 82% on higher demand of wires, cables

The company's shares rose as much as 3.6% to hit a record high of 4,055 rupees after the results

Trai unveils easier regulations for submarine cable landing stations

Two categories of CLS recommended for easing the setting up of facilities

Disney-Star, Sony, Zee agree to switch on cable signals after standoff

This had triggered the spat between cable operators and broadcasters, with the former saying that the channel price hike would be exorbitant, while the latter saying it was not more than 5-15%

Cable & wire industry urges govt to bring laws against substandard products

Domestic cable and wire industry has urged the government to introduce strict laws to discourage the use of counterfeit electrical products by real estate developers. In the last decade, deaths due to electrocution have increased in the country. During a fire outbreak, smoke inhalation kills more people than the fire itself, R R Kabel Managing Director Shreegopal Kabra told reporters here on Wednesday. Counterfeit products are a growing concern in India. There is a need to introduce legislation to take stringent action against the use of counterfeit wires and cables or substandard quality wires by real estate developers, Kabra said. Elmex Group Managing Director Vipul Ray said electrical fire safety plays a critical role in any structure, be it an educational institution, a hospital, or a public space. As per a report, 35 people were killed on average due to fire mishaps in the last five years in India. "This happens when product quality is compromised. It is high time, policymaker

Finolex Cables hits over 4-yr high; stock up 15% in a week post strong Q3

Finolex Cables said that the Union budget 2023 direct benefits to various segment of the company