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Birla Cable Limited (NSE: BIRLACABLE) Surges 12%: Has the Stock Triggered a Fresh Upside Breakout?

Birla Cable Limited (NSE: BIRLACABLE) Surges 12%: Has the Stock Triggered a Fresh Upside Breakout?

Source: shutterstock

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Highlights

  • Birla Cable Limited shares advanced 12.01% to ₹146.35 on April 13, 2026.
  • The stock staged a powerful rebound from its recent low near ₹105.00 and crossed above its 50-day SMA near ₹133.41.
  • Improving profitability and stronger momentum supported the sharp move.

Overview

Birla Cable Limited (NSE: BIRLACABLE) gained 12.01% to ₹146.35 on April 13, 2026, after opening at ₹126.55 and touching an intraday high of ₹152.80. The stock remained among the top gainers of the session after extending the strong recovery seen over the last few trading sessions.

The latest rise comes after the stock witnessed a steep correction through March. However, the sharp rebound from recent lows has now changed the short-term structure and pushed the stock back to levels last seen in February.

Fundamental View

Birla Cable reported stable consolidated earnings for the December 2025 quarter. The company posted total income of ₹20,511.27 lakh.

Profit before tax came in at ₹542.92 lakh, while net profit stood at ₹402.47 lakh. Earnings per share was ₹1.34, indicating that the company has remained profitable despite the recent weakness in the stock price.

Technical View

Birla Cable has delivered a swift turnaround after spending several weeks under pressure. The stock first formed a bottom near ₹105.00 and then moved higher in a near straight line over the last few sessions.

The latest session produced a large bullish candle that lifted the stock above both its 50-day Simple Moving Average near ₹133.41 and the cluster of highs formed in late February. This suggests that the recent rebound is not just a temporary bounce, but may be turning into a broader recovery phase.

The 14-day RSI has climbed to 65.62, which reflects a strong improvement in momentum without yet entering the extreme overheated zone. The indicator has also reached its highest reading in more than a month, showing that participation has strengthened.

Key Technical Levels

The ₹135.00–125.00 region may now act as an important support zone if the stock sees some cooling after the recent surge. On the higher side, the next zone to watch is ₹156.00–175.00, where the stock may encounter fresh pressure if the current recovery extends further.

Source: TradingView

Risk to Watch

  • The stock has already risen sharply from its recent low and may remain volatile.
  • Failure to hold above ₹135.00 could weaken the current recovery structure.
  • Any decline in momentum may trigger profit booking after the recent rally.
  • The stock may face pressure near the ₹156.00–175.00 zone.

Summary

Birla Cable appears to have moved into a stronger phase after rebounding sharply from recent lows and crossing above its 50-day SMA. The move is also supported by steady profitability and improving momentum. The next few sessions may decide whether the stock can sustain the breakout and continue higher.

FAQs

Why did Birla Cable share price rise today?

The stock gained after a strong rebound from recent lows and a breakout above its 50-day SMA.

What is the 50-day SMA for Birla Cable?

The 50-day Simple Moving Average for Birla Cable is currently near ₹133.41.

How much net profit did Birla Cable report in December 2025?

Birla Cable reported a consolidated net profit of ₹402.47 lakh in the December 2025 quarter.

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