Jigar Cables Ltd share Price Today

Jigar Cables Limited was originally formed as a Partnership Firm in the name of "Jigar Industries" on 1, August 1997. The name of the Partnership Firm was changed to "Jigar Cables" on 1, January 2017. Jigar Cables was thereafter converted from a Partnership Firm to a Public Limited Company with the name of "Jigar Cables Limited" on 7, February 2017. The Company has emerged as a pioneer in the electrical field. At present, it is engaged in manufacturing of wires and cables wires in India. The Promoters of the Company are in business of wires and cable wire since 1997. The Company manufactures Power and Control Cables, House Wires/ Building Wires, Flat Cables for Submersible pumps and Aerial Bunched cables under the brand name "SIGMA". The Company procures major raw material i.e. Copper and Aluminium Coil from Ultracab (India) Limited. The Group Company Other raw materials like PVC and XLPE are procured domestically. LT PVC CABLES offered by Company ensures complete safety and perfect insulation. Manufactured from premium quality raw materials, Power Control Cables are utilized for overhead and underground transmission. Some of the industries in which LT PVC Cables are used are power plants, projects and other electrical systems. Aerial Bunched Cable (ABC) is a very novel concept for Over Head power distribution. When compared to conventional bare conductor over head distribution system, ABC provides higher safety and reliability, lower power losses and ultimate system economy by reducing installation, maintenance and operative cost. Submersible Flat Cable Conductors are drawn from bright electrolytic grade copper annealed and bunched together. Bunched conductors are insulated with specially formulated PVC compound having high insulation resistance values. The Company in 2016, incorporated a new company under the name of Jigar Polymers Limited, for manufacturing of PVC and XLPE. "JIGAR CABLES LTD" is an ISO-9001:2015 certified company, where cables are manufactured as per national & international standards and customer`s specifications. In July 2017, the Company came up with an IPO of 18,64,000 Equity Shares by raising equity capital aggregating Rs 5.60 Cr.

Jigar Cables share price as on 17 Jul 2024 is Rs. 60.55. Over the past 6 months, the Jigar Cables share price has increased by 12.86% and in the last one year, it has increased by 51.38%. The 52-week low for Jigar Cables share price was Rs. 33.8 and 52-week high was Rs. 75.