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Cords Cable Industries

Posted on: May 3rd, 2014 at 12:02 am

Cords is in the business of providing cost-effective and quality solutions for various electrical connectivity requirements.

Presently, they accomplish this through customized design and development, quality manufacturing and reliable delivery of all types of LT range cables and household wires.

Currently trading at 18.45, having a book value of 90.24 and P/E of 7.06

Cords was established in 1987 by a group of industry professionals with an objective of catering to a growing requirement for high quality customized cables. Over the years Cords has developed a wide range of specialized cables to address the specific requirements of industries involving modern process technologies, instrumentation and communication demanding the highest standards of precision and reliability, and household users seeking products with assured quality and safety.

Vision: To be recognized as a leading global player providing products and services offering comprehensive solutions for the data transmission & electrical connectivity requirements of the industry.

CERTIFICATIONS

They manufacture cables conforming to International standards such as: EN, BS, IEC, VDE as well as various customers’ standards. They also hold BIS certification for all types of cables conforming to IS:1554(1)/1988 and IS:694-90. Cords Quality Management System is ISO 9001:2008 Certified, Environment Management System is ISO 14001:2004 and Health and Safety System is BS OHSAS 18001:2007 Certified.

AWARDS & RECOGNITIONS

Forbes Best Under a $ Billion – 2008
Cords was recognised by Forbes magazine in 2008 by listing us in their annual list “Best under a $ Billion” – a listing of best companies in Asia-Pacific region with an annual turnover less than $ 1 Billion. Also, Cords was the only cable company and among 22 Indian companies to be featured on the list

International Quality Crown Award – 2011
Based on feedback from various leading Industry players and experts Cords was awarded The International Quality Crown Award (Gold Category) by Business Initiative Directions (BID) in November 2011

International Business Times 1000 Fastest Growing Companies – 2012
Cords was recognised as the 513th fastest growing company in the World.

Ratna Shiromani Award -
The award was given for “excellence in manufacturing and marketing of special screened communication cables” and was presented to Mr. Naveen Sawhney by Mr. Balram Singh Yadav (then Minister of State for Mines)

Products Range
Cords offers extensive expertise in design, development and manufacture of high quality power, control, instrumentation, thermocouple extension/compensating and communication cables conforming to Indian/international standards and customer specifications. The products include:
Fieldbus Cables

FireSave – Fire Survival Cables
EPR Cables
XtremeTemp – Low Temprature Cables
LowTox – Fire Retardant Low Smoke Cables
ToxFree – Low Smoke Zero Halogen Cables
Oil and Gas Cables
Water Desalination & Special Custom Designed Hybrid Cables
Cordsol – PV Solar Cables


Considering its Market presence and valuations, it looks a strong bet for a long term investment

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26 Responses

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Comment pages: 12Show all

  1. abs Says:
    June 5th, 2014
    Posted at: 8:07 pm

    hello Sir, current price is 19.45, is their any specific rangebound to buy it for long term or one can buy now for an year?


  2. CB Says:
    June 5th, 2014
    Posted at: 8:13 pm

    Hi abs, can add 50% at cmp.

    Hi Arjun, it indicates buying interest in a stock. stocks pe is 10.93 and industry pe is 8.94. It alone does not really matter much

    Hi Prathmesh, can add 50% at cmp


  3. ozzy shares Says:
    June 9th, 2014
    Posted at: 1:00 pm

    this stock has hit Upper circuit. 21.3 should I buy at cmp when it starts trading or wait for it to come down.

    with that out of the way I would like to firstly thank you for such a good site. I am new and have started to read the begginers guide. it is very informative. the 4 books you recommended I am looking for it online and hope to find it.

    thanks again for such a good and informative site.


  4. CB Says:
    June 9th, 2014
    Posted at: 1:46 pm

    Hi ozzy shares, thanks for your kind comments. yes, its a hold. can head upto 24


  5. Bipin Says:
    June 30th, 2014
    Posted at: 7:17 pm

    Hi CB,

    Can one invest into it now as it reached almost 32?


  6. Prince Mayank Says:
    June 30th, 2014
    Posted at: 9:35 pm

    Hi CB, superb call sir, handsome return .. congratulations !!


  7. CB Says:
    June 30th, 2014
    Posted at: 9:36 pm

    Hi Prince Mayank, thanks for your kind comments

    Hi Bipin, no, dont enter it now.


  8. meera Says:
    July 2nd, 2014
    Posted at: 8:40 pm

    hi cb sir i have bought at 24 now it is at31 what can i doo now book/hold?


  9. CB Says:
    July 2nd, 2014
    Posted at: 9:07 pm

    Hi meera, yes, book 50% profit for now.


  10. anil Says:
    October 13th, 2014
    Posted at: 2:55 pm

    sir what abt MARKSANS i hv Bought @65


  11. Varun Says:
    November 5th, 2014
    Posted at: 11:06 pm

    Dear sir,
    Cords cable is trading at 26/-. Is it good price to enter?
    Thanks


  12. VJ Says:
    January 7th, 2015
    Posted at: 4:20 pm

    Hi CB,

    Can i enter Cords Cable Industries @ CMP 25.4 ?

    Thanks,
    VJ


  13. THAMBIDURAI Says:
    March 3rd, 2015
    Posted at: 8:30 pm

    Hi sir, now it is trading at 12. Shall I enter with 1000 shares?


  14. THAMBIDURAI Says:
    March 3rd, 2015
    Posted at: 8:33 pm

    Sorry sir it's trading at 23. Shall I buy 1000 shares?


  15. Kartik Says:
    March 3rd, 2015
    Posted at: 8:52 pm

    Hi THAMBIDURAI, not yet. wait for some more dip


  16. Sathiya Says:
    September 29th, 2015
    Posted at: 3:41 pm

    hello sir, can I buy at cmp???

Comment pages:12Show all

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