Universal Cables has announced the appointment of Arunesh Chandra Khare to a senior management role, starting May 2026. With over three decades of production experience under his belt, Khare brings valuable expertise gained from previous stints at Gemscab Industries and Universal Cables himself.

Universal Cables Ltd's recent price surge has led the market to reevaluate its valuation, now considering it as fair rather than attractive. This adjustment is due to changes in Price-to-Earnings (P/E) and Price-to-Book Value (P/BV) ratios compared to their historical norms.