{"id":113673,"date":"2023-11-14T13:03:24","date_gmt":"2023-11-14T07:33:24","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113673"},"modified":"2023-11-14T13:30:28","modified_gmt":"2023-11-14T08:00:28","slug":"cable-stocks-with-high-net-profit-margins-of-up-to-20-91-keep-in-your-bucket","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/cable-stocks-with-high-net-profit-margins-of-up-to-20-91-keep-in-your-bucket\/","title":{"rendered":"Cable stocks with high net profit margins of up to 20.91 % keep in your bucket\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3820420881\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>A financial ratio called profit margin calculates a company&#8217;s percentage profit compared to its revenue. It shows the amount of profit the business makes for each Rupee of revenue, expressed as a percentage.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2867691810\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong>Here are the 3 Cable stocks with high net profit margins.&nbsp;<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-den-network-ltd\"><strong>Den Network Ltd&nbsp;<\/strong><\/h4><p>Den Network Ltd. is a mass media and entertainment company that provides broadband services, over-the-top (OTT) entertainment, and cable TV for its customers&#8217; visual entertainment needs. Out of all the cable companies in India, it has the biggest subscriber base.&nbsp;<\/p><p>Den Network Ltd. is a small-cap stock with a market capitalization of Rs 2,568.42 crore, On, Monday, the company\u2019s shares closed at 53.82 per share, a decrease of 1.81 percent.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2980703299\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong>Net profit Margin has increased by 6.95 percent points,i.e., from 13.96 percent in FY 21-22 to 20.91 percent in FY 22-23.\u00a0<\/strong><\/p><p>The company\u2019s revenue decreased by 7.7 percent from Rs 1,225.6 Cr in FY 2021-22 to 1,130.47 Cr in FY 2022-23 and during the same period, profits decreased by 38 percent from Rs 171.08 Cr to Rs 236.36 Cr.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong>Finolex Cables Ltd.&nbsp;<\/strong><\/h4><p>Finolex Industries Ltd (FIL) is the biggest producer of PVC pipes and fittings in India as well as a top producer of PVC resin. The company provides the most recent selection of PVC-U agricultural pipes and fittings that are exceptional in quality and long-lasting.&nbsp;<\/p><p>Finolex Industries Ltd. is a small-cap stock with a market capitalization of Rs 14,063.54 crore, On, Monday, the company\u2019s shares closed at 919.55 per share, a decrease of 1.33 percent from the previous close prices.&nbsp;<\/p><p><strong>Net profit Margin has increased by 2.26 percent points,i.e., from 8.21 percent in Q2 FY23 to 10.47 percent in Q2 FY24.<\/strong><\/p><p>Finolex Industries Ltd. revenue increased by 9 percent from Rs 1,090.83 Cr in Q2FY23 to 1,187.44 Cr in Q2FY24. Further, During the same period, profits increased by 38.7 percent from Rs 89.61 Cr to Rs 124.37 Cr.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-4086525819\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h4 class=\"wp-block-heading\"><strong>Polycab India Ltd&nbsp;<\/strong><\/h4><p>Polycab India Ltd is one of India&#8217;s top producers of cables, wires, and related products like glands and lugs<strong>. <\/strong>The company has a variety of cables and wires for almost every application.&nbsp;<\/p><p>With a market capitalization of Rs 77,030.10 crore. Polycab India Ltd, On Monday, the company\u2019s shares closed at 5,130.90 per share, a decrease of 0.40 percent from the previous close prices.&nbsp;<\/p><p><strong>Net profit Margin has increased by 2.16 percent points,i.e., from 6.93 percent in Q2 FY23 to 9.09 percent in Q2 FY24.\u00a0<\/strong><\/p><p>Polycab India Ltd revenue increased by 15.05 percent from Rs 12,203.76 Cr in FY 2021-22 to 14,107.78 Cr in FY 2022-23 and during the same period, profits increased by 51.7 percent from Rs 845.23 Cr to Rs 1,282.25 Cr.&nbsp;<\/p><p><strong>Written By:- Abhishek Singh\u00a0<\/strong><\/p><p>.<\/p><div class=\"trade-after-content\" id=\"trade-2529288475\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>A financial ratio called profit margin calculates a company&#8217;s percentage profit compared to its revenue. It shows the amount of profit the business makes for each Rupee of revenue, expressed as a percentage.&nbsp; Here are the 3 Cable stocks with high net profit margins.&nbsp; Den Network Ltd&nbsp; Den Network Ltd. is a mass media and [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":105330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-113673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cable stocks with high net profit margins of up to 20.91 % keep in your bucket\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"A financial ratio called profit margin calculates a company&#039;s percentage profit compared to its revenue. 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