Cable Stocks

Cable stocks represent companies involved in the manufacturing and distribution of cables and wires for power transmission, telecommunications, infrastructure and other purposes. Wires and cables are key to maintaining connectivity and essential services like electricity and the internet. Companies operating in the sector manufacture different types of cables, such as coaxial, optical fibre, twisted pair and submarine. Strong growth in India’s power generation, construction and automobile industries has boosted the electrical cable manufacturers' business. Those looking to invest in these sectoral stocks must check out these key details before taking a call.