Birla cable ltd. is a premier company in the field of telecommunication cables, which offers one of the widest portfolio of copper and fiber optic cables. The co. has become a truly global

Indian Company which has a reach of more than 60 countries, fully capable to cater to all the needs of communication cables across the segments. The current market price is 114/-

Pro’s:

Co. with high EPS growth

Co. with low debt

Strong cash generating ability from core business, since there’s increase in cash flow from operating activity

Stock gained more than 20% in past one month

Increase in every quarter from past 3 quarters

Highest recovery from 52 week low

Birla Cable up by 47.03% v/s NIFTY 50 up by 3.48% in last 1 month

Promoters holding remains unchanged at 66.35% in Mar2021 qtr

Number of MF schemes remains unchanged at 1 in Mar2021 qtr

Institutional Investors holding remains unchanged at 0.01% in Mar2021 qtr Co. has given 37% dividend pay out in Mar2021

Con’s

Company has a low return on equity of 11.90% for last 3 years.