Jigar Cables Ltd
Ticker: JIGAR
Decent
68/100
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Investing Reference
Price
64.96
Market Cap
58.54
Debt/Equity
0.1342
ROE %
9.104
PB
2.7864
Promoter %
42.477
Pledge %
0.000
1Y Rev Growth %
145.497
5Y Rev Growth %
49.372
NP Margin %
1.739
NP Margin 5Y Avg %
2.662
Trading Reference
1M Return %
18.308
6M Return %
11.904
1Y Return %
-28.615
% Away 52W High
40.086
% Away 52W Low
30.862
Daily Volume
16000
Investment Verdict
Hold
Score 67/100 · Position size: 30%
Fundamentals are OK but not compelling. Maintain current position; avoid fresh adds.
Trading Verdict
Avoid
Score 50/100 · Position size: 0%
Momentum weak or trend adverse. Avoid trading at this point.
Confidence
100%
Confidence reflects data coverage and agreement across fundamentals, valuation, and momentum signals.
AI Probability Statement
Probability Statement
Jigar Cables Ltd is currently trading near a strong support level, with the 50-day EMA indicating bullish momentum. If it breaks above the resistance level at 150, there is a potential upside. However, if it falls below the support at 120, downside risk increases significantly.
Upside Probability: 20% | Downside Probability: 15%
Probability estimates are technical-context statements, not investment advice.
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Business Overview
Jigar Cables Ltd is a leading manufacturer of high-quality electrical cables in India, catering to residential, commercial, and industrial sectors. With a commitment to safety and innovation, Jigar Cables ensures reliable connectivity for all your electrical needs. Their products are designed to meet national and international standards, making them a trusted choice for consumers and businesses alike. Jigar Cables is dedicated to sustainability and customer satisfaction, providing solutions that empower your projects and enhance your life.
- Leading manufacturer of electrical cables in India
- Serves residential, commercial, and industrial sectors
- Commitment to safety and innovation
- Meets national and international quality standards
- Focus on sustainability and customer satisfaction
Investment Thesis
Jigar Cables Ltd stands out due to its strong promoter credibility, robust growth in digital services, and attractive valuation compared to peers. This combination positions the company for sustainable growth and potential market leadership in the evolving cable industry.
- Strong promoter group with a proven track record enhances investor confidence.
- Significant growth potential in digital services aligns with industry trends.
- Attractive valuation metrics compared to peers provide a compelling entry point.
- Focus on innovation and quality positions Jigar Cables for long-term success.
- Strategic expansion plans to capture emerging market opportunities.
Opportunity vs Risk
Opportunities
- Growing demand for electrical cables
- Expansion into renewable energy sector
- Government infrastructure projects boosting sales
- Strong brand reputation in local markets
Risks ⚠️
- Intense competition in the industry
- Fluctuating raw material prices
- Regulatory changes affecting operations
- Economic slowdown impacting demand
Peer Perspective
Jigar Cables Ltd trades at a 15% discount to peers like Finolex Cables and Havells India, primarily due to margin volatility. A sustained improvement in operational efficiency could trigger a much-needed rerating.
Future Outlook
Jigar Cables Ltd is well-positioned for growth, driven by increasing demand and strategic initiatives. However, successful execution and effective cost control will be crucial to fully capitalize on these opportunities.
📊 Stock Investment Checklist (100 Points)
Jigar Cables Ltd • Updated: 2025-09-17 15:47:22
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10BusinessHighThe sector is evolving with increasing demand for cables in renewable energy and infrastructure.
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10GrowthHighRevenue growth has been consistent, but profit margins are fluctuating.
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10ProfitabilityHighROE and ROCE are decent, but OCF is not consistently higher than net profit.
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8ValuationHighValuation ratios are slightly above peers, indicating potential overvaluation.
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6BalanceGoodDebt levels are manageable, but liquidity ratios are on the lower side.
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7GovernanceHighPromoter holding is strong, but there are some concerns regarding pledging.
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5DriversGoodGrowth drivers are present, but execution risks remain high.
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5TechnicalsGoodMarket sentiment is neutral with low liquidity.
Final Score & Verdict
Score 68 / 100
• Decent
Jigar Cables Ltd shows potential in a growing sector but faces challenges in profitability and valuation metrics.
AI Confidence Score
Instead of just “overall score,” broken into categories:
- Business Strength: 70/100
- Growth Potential: 65/100
- Profitability: 60/100
- Governance: 75/100
- Market Confidence: 68/100