₹1011.8▲0.36%
0.57%
Low
Day's Volatility:2.56%
High
2.00%
23.50%
Low
52 Weeks Volatility:43.98%
High
20.48%
Returns % | |
1 Month Return | 4.22 % |
3 Month Return | -7.02 % |
1 Year Return | 15.99 % |
Market Stats | |
Previous Close | ₹1,008.20 |
Open | ₹1,010.40 |
Volume | 1.97L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹15,419.34Cr |
based on 7 analysts
Based on 7 analysts offering long term price targets for Finolex Cables Ltd. An average target of ₹1151.57
Source: S&P Global Market Intelligence
Organisation | Finolex Cables Ltd |
Headquarters | Pune |
Industry | Cables |
E-voting on shares | Click here to vote |
Key events for Finolex Cables Ltd
Finolex Cables plans to triple its auto cable capacity at its Uttarakhand plant and expand its E Beam facility in Pune to enhance EV cables. The company has ramped up cabling capacity in Goa, with a new PVC compound plant to support this expansion. Total capital expenditure for these growth initiatives is estimated at Rs 500 crore over the next two to three years.
Finolex Cables Launches Eco-Safe Wires Under FinoGreen Brand - 10 Apr, 2024
Finolex Cables has launched a range of eco-safe wires under the FinoGreen brand, accounting for around 5% of its wires business. The halogen-free and flame-retardant industrial cables are designed to mitigate safety risks in electrical installations and reduce smoke emissions. The company expects immediate adoption by premium builders for both residential and commercial projects.
Finolex Cables Stock Gains 4% on Positive Brokerage Calls - 19 Mar, 2024
Shares of Finolex Cables rose 4% to reach an intra-day high of Rs. 909.05 on the BSE following a buy recommendation from domestic brokerage firm Geojit Financial Services, which sees a 21% return on the stock in 12 months at a target price of Rs. 1,019.
Geojit Recommends 'Buy' Rating for Finolex Cables Ltd. - 18 Mar, 2024
Finolex Cables Ltd. receives a 'Buy' rating from Geojit with a target price of Rs. 1019. The company's revenue grew by 11% YoY, led by wires segment and EBITDA margins improved to 11.7%. Higher government capex will drive power cable demand while the optic fibre tender in Q4FY24 will spur communication cable growth in FY25. With healthy earnings outlook and strong cash flows, Geojit maintains a positive stance on FCL.
Finolex Cables Ltd registers 3.84 fold spurt in volume - 15 Mar, 2024
Finolex Cables Ltd registered a volume of 9.24 lakh shares, which is a 3.84 fold spurt over the two-week average daily volume of 2.41 lakh shares. The stock rose by 2.57% to Rs.860.35.
Fundamentals of Finolex Cables Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Revenue Rich
Revenue is up for the last 2 quarters, 1.25K Cr → 1.29K Cr (in ₹), with an average increase of 2.9% per quarter
FII Holding Up
Foreign Institutions have increased holdings from 11.05% to 11.56% in Mar 2024 quarter
Price Rise
In the last 1 year, FINCABLES stock has moved up by 16.0%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 35.86% of holdings in Mar 2024 quarter
Against Peers
In the last 1 year, KEI Industries Ltd has given 124.4% return, outperforming this stock by 108.4%
Against Peers
In the last 3 years, KEI Industries Ltd has given 686.4% return, outperforming this stock by 506.1%
MF Holding Down
Mutual Funds have decreased holdings from 10.81% to 10.57% in Mar 2024 quarter
Profit Down
Netprofit is down for the last 4 quarters, 175.0 Cr → 150.98 Cr (in ₹), with an average decrease of 4.8% per quarter
Retail Holding Down
Retail Investor have decreased holdings from 37.03% to 36.57% in Mar 2024 quarter
Finolex Cables Ltd in the last 5 years
Lowest (5.84x)
March 24, 2020
Today (24.07x)
April 23, 2024
Industry (59.39x)
April 23, 2024
Highest (33.55x)
September 28, 2023
Funds | Holdings |
Nippon India Small Cap Fund - Direct Plan - Growth Plan | 0.66% |
HDFC Childrens Gift Fund Direct Plan(Lock-in) | 2.27% |
HDFC Childrens Gift Fund Direct Plan | 2.27% |
HSBC Small Cap Fund Fund Direct Growth | 1.42% |
HSBC Value Fund Direct Plan Growth Option | 1.32% |
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 35.86% | 0.00 | |
Foreign Institutions | 11.56% | 0.00 | |
Mutual Funds | 10.57% | 0.00 | |
Retail Investors | 36.57% | 0.00 | |
Others | 5.44% | 0.00 |
Technicals of Finolex Cables Ltd share
News & Events of Finolex Cables Ltd
Finolex Cables Ltd (FINCABLES) share price today is ₹1011.8
Finolex Cables Ltd is listed on NSE
Finolex Cables Ltd is listed on BSE
PE Ratio of Finolex Cables Ltd is 24.07
PE ratio = Finolex Cables Ltd Market price per share / Finolex Cables Ltd Earnings per share
Today’s traded volume of Finolex Cables Ltd(FINCABLES) is 1.97L.
Today’s market capitalisation of Finolex Cables Ltd(FINCABLES) is ₹15419.34Cr.
Finolex Cables Ltd(FINCABLES | Price |
---|---|
52 Week High | ₹1219 |
52 Week Low | ₹774.05 |
Finolex Cables Ltd(FINCABLES) share price is ₹1011.8. It is down -17.00% from its 52 Week High price of ₹1219
Finolex Cables Ltd(FINCABLES) share price is ₹1011.8. It is up 30.72% from its 52 Week Low price of ₹774.05
Finolex Cables Ltd(FINCABLES | Returns |
---|---|
1 Day Returns | 3.6% |
1 Month Returns | 4.22% |
3 Month Returns | -7.02% |
1 Year Returns | 15.99% |