Prime Cable Industries Limited
NNSE:PRIMECAB173.65
INR
-9.10
(-4.98%)
Prime Cable Industries Limited
NSE:PRIMECAB
(National Stock Exchange of India)
Recent
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173.65
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Prime Cable Industries Limited is an India-based manufacturer and distributor of electrical wires, cables, and overhead power transmission conductors. Founded in 1997 and headquartered in New Delhi, India, the company specializes in the design, engineering, and manufacturing of cable solutions for power generation, transmission and distribution utilities, renewable energy installations, infrastructure projects, industrial automation, telecommunications, and building construction. The company's comprehensive product portfolio comprises low tension (LT) and high tension (HT) power cables; cross-linked polyethylene (XLPE) and polyvinyl chloride (PVC) insulated control and instrumentation cables; aerial bunched cables (ABC) for overhead electrification; flexible multi-core and single-core industrial wires; fire survival, flame retardant low smoke (FRLS), and zero-halogen fire retardant (ZHFR) safety cables; flat cables for submersible pump applications; solar photovoltaic (PV) DC cables for renewable power systems; bare aluminum conductors including aluminum conductor steel reinforced (ACSR), all aluminum conductor (AAC), and all aluminum alloy conductor (AAAC) for power grids; railway signaling cables; and telecommunication, coaxial, and networking cables. Prime Cable Industries Limited caters to a diverse customer base consisting of state electricity boards, government utilities, engineering, procurement, and construction (EPC) contractors, real estate developers, and industrial original equipment manufacturers (OEMs) across regional and pan-India markets. In recent operational developments, the company completed its Initial Public Offering (IPO) and listed its equity shares on the National Stock Exchange of India (NSE: PRIMECAB) to finance working capital expansion, capital expenditure, and debt management. Furthermore, the company has upgraded and expanded its manufacturing and quality-testing infrastructure in the Delhi NCR region, broadened its eco-friendly solar cable line to meet surging renewable energy demands, and secured new institutional supply contracts and vendor empanelments with leading infrastructure and power distribution entities.