Finolex Industries Ltd Share Price (FINPIPE)
₹249.65▲0.97%
Finolex Industries Ltd share Performance
- ₹243.55₹253₹249.65
2.44%
Low
Day's Volatility:3.79%
High
1.34%
- ₹161.5₹264.8₹249.65
35.31%
Low
52 Weeks Volatility:41.38%
High
6.07%
| Returns % | |
| 1 Month Return | 10.27 % |
| 3 Month Return | 10.05 % |
| 1 Year Return | 48.12 % |
| Market Stats | |
| Previous Close | ₹247.25 |
| Open | ₹244.00 |
| Volume | 5.23L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹15,490.21Cr |
Analyst Rating for Finolex Industries Ltd stock
based on 14 analysts
Based on 14 analysts offering long term price targets for Finolex Industries Ltd. An average target of ₹243.36
Source: S&P Global Market Intelligence
Company Information
The company is known for its popular brands such as Finolex, Finolex Cables, Finolex Pipes, Finolex Agriculture, and Finolex Switchgear.
Share Price: ₹249.65 per share as on 17 Apr, 2024 02:04 AM
Market Capitalisation: ₹15,490.21Cr as of today
Revenue: ₹1,019.69Cr as on December 2023 (Q4 23)
Net Profit: ₹95.40Cr as on December 2023 (Q4 23)
Listing date: 03 Nov, 1994
Chairperson Name: Prakash P Chhabria
| Organisation | Finolex Industries Ltd |
| Headquarters | Pune |
| Industry | Plastic products |
| E-voting on shares | Click here to vote |
Key events for Finolex Industries Ltd
Finolex Industries Faces Capital Allocation Issues - 16 Apr, 2024
Finolex Industries may face challenges allocating capital as its ROCE has decreased to 8.6% from 17% five years ago, and revenue has dropped while employing more capital, indicating a potential loss of competitive advantage or market share.
Finolex Industries CFO Resigns, Reports Rise in Net Profit - 11 Apr, 2024
Finolex Industries' CFO Niraj Kedia has resigned due to family commitments. The company reported a 20% YoY rise in net profit at Rs 95.4 crore for Q3 FY24, with revenue from operations increasing by 9.3%. However, the pipes and fittings segment witnessed a volume decrease of 10.05%. For the cumulative nine months of FY24, Finolex Industries recorded a total income from operations of Rs 3,082.01 crore, reflecting a 5.34% decrease from the corresponding period of FY23.
Finolex Sells Land Parcel; Double-Digit Volume Growth Expected in Q4 FY24 - 10 Apr, 2024
Finolex Industries has sold its leasehold rights for a 25-acre land parcel in Pimpri, near Pune, while Supreme Industries Ltd, Astral Ltd and Finolex Industries Ltd are expected to post double-digit volume growth in Q4 FY24 due to channel re-stocking ahead of anticipated PVC price increase from April.
Finolex Industries Sells Leasehold Rights of 25 Acres Land for Rs 470 Crore - 09 Apr, 2024
Terravista Developers Pvt Ltd has acquired the leasehold rights of 25 acres of land in Pimpri near Pune from Finolex Industries for Rs 470 crore. The land was leased to Finolex by Maharashtra Industrial Development Corporation (MIDC) and Terravista plans to construct a data centre on it with MIDC's approval. Earlier, Microsoft had acquired 10.89 lakh sq ft of commercial plot in Pune from Finolex Industries.
Finolex Industries Stock Breaks Out of Sideways Range - 05 Apr, 2024
After being held in a sideways range for the past week, Finolex Industries stock broke out and can potentially appreciate to ₹275. Analysts suggest buying shares at ₹255 and on a dip to ₹250 with stop-loss at ₹242 initially and tightening it to ₹258 when the stock rises past ₹265.
Finolex Industries Ltd's Debt Management is Safe - 26 Mar, 2024
According to the last reported balance sheet, Finolex Industries has more cash than debt, indicating that it can manage its debt safely. The company also boosted its EBIT by 96%, reducing future debt repayments. With ₹12.1b in net cash and a decent-looking balance sheet, we don't think Finolex Industries' use of debt is risky.
Fundamentals of Finolex Industries Ltd
Insights on Finolex Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 1 month, FINPIPE stock has moved up by 10.3%
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, FINPIPE has outperformed top 5 stocks with highest market-cap in Construction Supplies & Fixtures
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 28.37% to 28.78% in Dec 2023 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 953.36 Cr → 1.06K Cr (in ₹), with an average increase of 10.6% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 52.47% of holdings in Dec 2023 quarter
- NO EFFECT
Against Peers
In the last 3 years, Cera Sanitaryware Ltd has given 87.5% return, outperforming this stock by 14.9%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 6.67% to 6.45% in Dec 2023 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 166.5 Cr → 95.4 Cr (in ₹), with an average decrease of 16.1% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 11.54% to 11.36% in Dec 2023 quarter
Finolex Industries Ltd Valuation
Finolex Industries Ltd in the last 5 years
Lowest (7.71x)
June 20, 2022
Today (32.59x)
April 16, 2024
Industry (81.59x)
April 16, 2024
Highest (59.17x)
September 4, 2023
Mutual Fund Holdings
| Funds | Holdings |
 SBI Small Cap Fund Direct Plan Growth | 3.2% |
 HSBC Small Cap Fund Fund Direct Growth | 1.22% |
 HDFC Small Cap Fund-Direct Growth Option | 0.54% |
 Franklin India Smaller Companies Fund Direct Growth | 1.09% |
| SBI Conservative Hybrid Fund Direct Plan Growth | 0.63% |
Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 52.47% | 0.00 | |
| Foreign Institutions | 6.45% | ||
| Mutual Funds | 11.36% | ||
| Retail Investors | 28.78% | 1.45 | |
| Others | 0.95% |
Technicals of Finolex Industries Ltd share
News & Events of Finolex Industries Ltd
Frequently Asked Questions
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Finolex Industries Ltd (FINPIPE) share price today is ₹249.65
Finolex Industries Ltd is listed on NSE
Finolex Industries Ltd is listed on BSE
- Today’s highest price of Finolex Industries Ltd is ₹253.
- Today’s lowest price of Finolex Industries Ltd is ₹243.55.
PE Ratio of Finolex Industries Ltd is 32.59
PE ratio = Finolex Industries Ltd Market price per share / Finolex Industries Ltd Earnings per share
Today’s traded volume of Finolex Industries Ltd(FINPIPE) is 5.23L.
Today’s market capitalisation of Finolex Industries Ltd(FINPIPE) is ₹15490.21Cr.
| Finolex Industries Ltd(FINPIPE | Price |
|---|---|
52 Week High | ₹264.8 |
52 Week Low | ₹161.5 |
Finolex Industries Ltd(FINPIPE) share price is ₹249.65. It is down -5.72% from its 52 Week High price of ₹264.8
Finolex Industries Ltd(FINPIPE) share price is ₹249.65. It is up 54.58% from its 52 Week Low price of ₹161.5
| Finolex Industries Ltd(FINPIPE | Returns |
|---|---|
1 Day Returns | 2.4% |
1 Month Returns | 10.27% |
3 Month Returns | 10.05% |
1 Year Returns | 48.12% |