Universal Cables (UNIVCABLES) Share News & Alerts
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Universal Cables soars after Q4 profit rises 103% QoQ
▲ Bullish +5.28%
The company reported a massive 103.46% sequential (QoQ) recovery in consolidated net profit to ₹55.32 crore for Q4, alongside a healthy 24.66% YoY revenue expansion. This strong earnings performance, paired with a massive pending order book of ₹3,025 crore and capital allocation plans for modernizing its EHV facility, acts as a strong positive catalyst. Expect clear multi-day bullish momentum for the stock over a swing and positional trading timeframe.
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