CHD Chemicals Share Price

Overview 

CMI Limited is a small‑cap company engaged in the designing and manufacturing of electrical wires, cables and conductors. Headquartered in Faridabad, Haryana, the company was incorporated in 1995. CMI Limited is ISO 9001:2015, 14001:2015, BS ISO 45001:2018 and CE Certified, with two manufacturing facilities at Faridabad and Baddi. The CMI share price on the NSE and BSE reflects the cyclical nature of the capital goods and infrastructure sector, reacting to fluctuations in raw material prices, changes in demand from power and infrastructure sectors, and the company’s financial health. It captures investor sentiment based on financial results, project wins and macro factors specific to the electrical equipment industry. 

Market sentiment around the CMI stock price often mirrors shifts in government infrastructure spending, power sector demand and investor views on the prospects for small‑cap manufacturing firms. Factors such as the company’s ability to secure orders from sectors like railways and nuclear power influence near‑term valuation. All these factors must be closely monitored to have an idea about the CMI share price movements. 

The CMI live share price provides real‑time information about the last price traded, bid price, ask price and volume traded. Constant monitoring of CMI live price helps observe short‑term price fluctuations. 

Furthermore, monitoring the CMI share price today helps investors understand real‑time market sentiment, price volatility and trading behaviour. The CMI stock price remains sensitive to cable sector trends. CMI share price movements are closely tied to the wire and cable industry’s performance. 

CMI Limited Company Fundamentals 

A. Company Background

CMI Limited was incorporated in 1995. The company’s registered office is located in Faridabad, Haryana, India. CMI Limited is engaged in the designing and manufacturing of electrical wires, cables and conductors. The company serves sectors such as railways and metros, oil and gas, petrochemicals, space research, nuclear power, solar power, defence, mobility, power generation, transmission and distribution, cement, mining, heavy industries, infrastructure, EPC contractors, telecom, and steel. CMI Limited is present in the entire value chain of the wire and cables industry. The company is listed on BSE (517330) and NSE (CMICABLES). The company’s auditor has expressed a doubt about its ability to continue as a going concern. 

B. Product Lines 

• EHV power cables, MV and HV power cables 

• Quad cables, railway signalling cables 

• Rubber and PTFE cables 

• Control and instrumentation cables 

• Solar cables and specialty cables 

C. Company Revenue Model 

• Primary revenue from manufacture and sale of electrical wires, cables and conductors. 

• Volume‑driven revenue based on quantity of cables produced and sold. 

• Pricing determined by raw material costs (copper, aluminium) and market demand. 

• Revenue from power generation, transmission, distribution and infrastructure sectors. 

• Focus on expanding product portfolio in specialty cable space. 

• Government policy changes on power sector investment influencing revenue stability. 

D. Geographic Presence 

• Headquartered in Faridabad, Haryana, India. 

• Manufacturing facilities in Faridabad (Haryana) and Baddi (Himachal Pradesh). 

• Focused on domestic Indian market with some exports. 

E. Key Milestones 

• 1995 – Company incorporated. 

• 2025 – Revenue of ₹574.62 million reported but net loss continues. 

F. Industry Perspective

CMI Limited operates in the wire and cable industry. Globally, the wire and cable market was valued at approximately USD 200 billion in 2025 and is projected to grow at a CAGR of 5.5‑6.5% through 2030. In India, the market is growing faster, estimated at around USD 15 billion in 2025 and projected to reach USD 25‑28 billion by 2030, representing a CAGR of 10‑12%. The Power Ministry has set a target to install 500 GW of renewable energy capacity by 2030, requiring significant transmission infrastructure. Key challenges include volatile raw material prices, intense competition from organised players like Polycab and Havells, and high working capital requirements. For a financially distressed company like CMI, its inability to compete on price and scale is a major impediment to any recovery. 

CMI Limited Stock Market Presence: Listings & Index Representation 

CMI Limited is actively traded on India’s equity markets, with its shares listed on the NSE under CMICABLES and on the BSE under scrip code 517330. The ISIN is INE597I01010. The company forms part of the BSE SmallCap index, the BSE AllCap index, the Nifty Microcap 250 index and the Nifty Total Market index. Being represented in these indices enhances the visibility and liquidity of the CMI stock price. 

CMI Limited Stock Performance and Share Price History 

The performance and share price history of CMI Limited are influenced by a mix of operational, financial distress and sectoral factors. A primary driver is the company’s ability to generate profitability and manage its high debt levels. The CMI share price has generally underperformed due to the company’s financial struggles. Another major factor is competition from both large cable manufacturers and smaller regional players. Quarterly financial results cause immediate swings in the CMI stock price. The CMI share price reached a 52‑week high of ₹6.02‑6.16 and a 52‑week low of ₹2.85‑2.92. The CMI share price has recorded a 3‑year total return of -37.07%. The CMI share price has shown a 1‑month return of -13.83% and a 3‑month return of -42.25% as of April 2026. The CMI share price has also underperformed the Indian Electrical industry which returned 114.9% over the past year. 

The CMI stock price has been particularly responsive to quarterly earnings releases. When the company reported a net loss for the March 2025 quarter, the CMI stock price showed a negative reaction. The CMI stock price has shown a pattern of high volatility. The CMI share price reached its 52‑week high before declining. Comprehending these patterns in the CMI share price is instrumental for investors. 

The CMI share price has shown seasonal patterns, often with momentum in the lead‑up to major budget announcements. In terms of annual performance, the CMI share price delivered its strongest returns in periods of high infrastructure spending, but this was many years ago. The stock has recorded multiple years of negative returns when commodity prices were volatile. The all‑time high for CMI Limited is ₹358.64, and the current price is down 99.15% from that level, indicating a dramatic and sustained decline. 

CMI Limited Investor Relevance and Role in Portfolio 

CMI Limited holds a speculative position for portfolio investors who seek exposure to the wire and cable manufacturing sector, but its financial distress makes it unsuitable for serious investment. The CMI share price often mirrors how distress themes resonate with investor portfolios. 

Institutional stakeholders play a role in CMI’s ownership profile. Promoters hold only a 0.5% stake, a significant red flag. Domestic Institutional Investors (DII) hold 23.1%, while Foreign Institutional Investors (FII) hold 0.81%. The retail public holds approximately 75.59% stake. The low promoter holding is a major governance concern. 

Based on data, CMI Limited exhibits varying levels of beta and volatility. The long‑term beta stands at 0.11‑0.32. Based on data, the mean values for long‑term range is 4.00, daily‑one month range is 4.00, daily‑three month range is 4.00, weekly‑one year range is 4.00, weekly‑two year range is 4.00, 2 week‑two year range is 4.00, monthly‑two year range is 4.00. Standard deviations range from 0.10 to 0.50 across periods. The CMI stock price has shown periods of heightened responsiveness to sector‑specific news regarding infrastructure spending. The CMI share price’s beta reflects that the company’s small size and financial distress make it subject to company‑specific factors. 

CMI Limited Sectoral Relevance and Peer Positioning 

CMI Limited’s sector relevance is anchored in its role within the broader Indian wire and cable industry. Competitors include Polycab India Ltd, Havells India Ltd, KEI Industries Ltd, RR Kabel Ltd, Finolex Cables Ltd, and Cords Cable Industries Ltd. 

In valuation terms, factors like the CMI P/E ratio are not meaningful due to negative earnings. EPS (TTM) is -6.88. Gross margin is 6.21%, and net profit margin is -19.19%. Revenue (ttm) is ₹3.41 million, and net income (ttm) is -₹974,511. In the March 2025 quarter, net sales were ₹13.46 crore, down from ₹44.00 crore in the previous quarter. The company also reported a net loss of -₹2 in the Q4 results. Full‑year gross sales were ₹574.62 million, up from ₹290.8 million the previous year, but costs increased sharply, leading to continued net losses. The high debt levels and the auditor raising a “going concern” doubt are major distress indicators. 

CMI market cap has declined from approximately ₹35‑40 crore in 2021 to around ₹5‑6 crore currently, a decrease of over 80% from peak levels. This erosion reflects the correction in the CMI share price and the deterioration in the company’s financial position. 

The CMI earnings over the past ten years have been characterised by high volatility, with periodic losses outweighing profits. The CMI share price has been influenced by these valuation metrics. The CMI stock price continues to be evaluated in the context of its earnings potential, but severe financial distress, negative net worth and an auditor‘s going‑concern qualification remain critical concerns. 

Summary 

CMI Limited is a micro‑cap cable manufacturer listed on the BSE and NSE, where the CMI share price reflects infrastructure spending cycles, copper price volatility and its severe financial distress. Its inclusion in small‑cap indices supports limited visibility, while investor interest is overshadowed by negative net worth and an auditor’s going concern qualification.