Finolex Cables

Market Cap: Mid Cap
Industry: Cable
ISIN: INE235A01022
NSEID: FINCABLES
BSEID: 500144

INR

879.50

20.45 (2.38%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.22 lacs

{
  "main_header": {
    "sid": 577677,
    "name": "Finolex Cables",
    "stock_name": "Finolex Cables",
    "full_name": "Finolex Cables Ltd.",
    "name_url": "stocks-analysis/finolex-cables",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "879.50",
    "chg": 20.45,
    "chgp": "2.38%",
    "dir": 1,
    "prev_price": "859.05",
    "mcapval": "13,451.02 Cr",
    "mcap": "Mid Cap",
    "scripcode": 500144,
    "symbol": "FINCABLES",
    "ind_name": "Cable",
    "ind_code": 24,
    "isin": "INE235A01022",
    "curr_date": "Apr 11, 12:53 PM",
    "curr_time": "00:14 AM",
    "bse_nse_vol": "1.22 lacs",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://sandbox-www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/finolex-cables-577677-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "Finolex Cables Faces Technical Trend Shifts Amidst Market Volatility and Declining Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/finolex-cables-technical-trend-changes-from-mildly-bearish-to-bearish-amid-stock-price-decline-1670591",
        "imagepath": "",
        "date": "2025-04-02 08:05:08",
        "description": "Finolex Cables, a midcap player in the cable industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 884.90, down from a previous close of 914.25. Over the past year, Finolex Cables has experienced a decline of 9.41%, contrasting with a 2.72% gain in the Sensex, highlighting a challenging performance relative to the broader market.\n\nIn terms of technical indicators, the weekly MACD and Bollinger Bands signal bearish trends, while the monthly metrics show a mildly bearish stance. The daily moving averages also reflect a bearish sentiment. Notably, the stock's 52-week high stands at 1,700.00, with a low of 781.00, indicating significant volatility over the past year.\n\nWhen examining the company's returns, it has shown a remarkable performance over the longer term, with a 303.05% increase over five years, significantly outpacing the Sense..."
      },
      {
        "title": "Finolex Cables Sees Surge in Trading Activity Amid Strong Investor Participation",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/finolex-cables-records-high-trading-volume-and-value-amid-strong-market-activity-1578095",
        "imagepath": "",
        "date": "2025-03-25 10:00:12",
        "description": "Finolex Cables Ltd., a prominent player in the cable industry, has emerged as one of the most active equities today, with a total traded volume of 3,019,772 shares and a total traded value of approximately Rs 292.63 crores. The stock opened at Rs 945.00 and reached a day high of Rs 988.00, reflecting a notable intraday performance. Currently, the last traded price stands at Rs 965.55, marking a 3.38% increase for the day.\n\nFinolex Cables has outperformed its sector by 2.66%, continuing a positive trend with gains over the last three days, accumulating a total return of 17.03%. The stock's performance is supported by a significant rise in investor participation, with delivery volume on March 24 reaching 497,000 shares, a 139.77% increase compared to the five-day average.\n\nIn terms of moving averages, the stock is currently above its 5-day, 20-day, and 50-day averages, although it remains below the 100-day an..."
      },
      {
        "title": "Finolex Cables Shows Technical Trend Shifts Amid Market Dynamics and Volatility",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/finolex-cables-technical-trend-shifts-from-bearish-to-mildly-bearish-amid-price-increase-1575776",
        "imagepath": "",
        "date": "2025-03-25 08:02:44",
        "description": "Finolex Cables, a midcap player in the cable industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 937.55, showing a notable increase from the previous close of 838.80. Over the past year, Finolex Cables has experienced a 5.39% return, which is slightly below the Sensex's 7.07% return during the same period. However, the company has demonstrated impressive long-term performance, with a remarkable 439.75% return over the last five years, significantly outpacing the Sensex's 192.36%.\n\nIn terms of technical indicators, the MACD and KST suggest a bearish sentiment on a weekly basis, while the monthly outlook remains mildly bearish. The Bollinger Bands and moving averages also reflect a similar trend. Notably, the stock has seen fluctuations within a 52-week range of 781.00 to 1,700.00, indicating volatility in its price movements.\n\nThe r..."
      },
      {
        "title": "Finolex Cables Adjusts Valuation Grade Amid Competitive Market Dynamics",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/finolex-cables-valuation-grade-downgraded-from-attractive-to-fair-amid-stock-price-increase-1575580",
        "imagepath": "",
        "date": "2025-03-25 08:00:27",
        "description": "Finolex Cables has recently undergone a valuation adjustment, reflecting a shift in its financial standing within the cable industry. The company's current price stands at 937.55, showing a notable increase from the previous close of 838.80. Over the past year, Finolex Cables has experienced a stock return of 5.39%, which is slightly below the Sensex return of 7.07% for the same period. \n\nKey financial metrics for Finolex Cables include a price-to-earnings (PE) ratio of 20.63 and an EV to EBITDA ratio of 22.17. The company also boasts a return on capital employed (ROCE) of 18.21% and a return on equity (ROE) of 13.46%. In comparison to its peers, Finolex Cables maintains a lower PE ratio than R R Kabel, which has a valuation marked as attractive, while Diamond Power is categorized as risky with a significantly higher PE ratio. \n\nThese metrics highlight Finolex Cables' competitive position in the market, par..."
      },
      {
        "title": "Finolex Cables Sees Surge in Trading Activity Amid Strong Investor Engagement",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/finolex-cables-records-high-trading-volume-and-significant-stock-price-increase-1574617",
        "imagepath": "",
        "date": "2025-03-24 12:00:04",
        "description": "Finolex Cables Ltd. has emerged as one of the most active equities today, reflecting significant trading activity in the cable industry. The stock, trading under the symbol FINCABLES, has seen a total traded volume of 6,794,911 shares, with a total traded value of approximately Rs 62.89 crores. \n\nOpening at Rs 843.0, Finolex Cables reached an intraday high of Rs 949.95, marking a notable increase of 13.22% during the trading session. The stock has demonstrated a strong performance, outperforming its sector by 10.86% and achieving a 12.23% return for the day. Over the past two days, it has gained 13.67%, indicating a positive trend.\n\nThe stock has traded within a wide range of Rs 106.95 today, with a last traded price of Rs 947.0. It is currently positioned above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages. Additionally, the delivery volume..."
      },
      {
        "title": "Finolex Cables Shows Resilience Amid Broader Market Gains and Small-Cap Strength",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/finolex-cables-shares-rise-7-78-outperforming-sector-by-5-21-on-march-24-1573975",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/FinolexCables_priceRelatedfactors_771577.png",
        "date": "2025-03-24 10:15:16",
        "description": "Finolex Cables has experienced notable trading activity, achieving a significant gain and outperforming its sector. The stock has shown consecutive gains over two days and reached an intraday high. In the broader market, the Sensex opened positively, with small-cap stocks leading the upward trend."
      },
      {
        "title": "Finolex Cables Adjusts Valuation Amid Competitive Cable Industry Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/finolex-cables-valuation-grade-downgraded-from-attractive-to-fair-amid-stock-fluctuations-1463127",
        "imagepath": "",
        "date": "2025-03-19 08:00:30",
        "description": "Finolex Cables has recently undergone a valuation adjustment, reflecting a shift in its financial assessment. The company, operating within the cable industry, currently presents a price-to-earnings (P/E) ratio of 19.21 and a price-to-book value of 2.57. Its enterprise value to EBITDA stands at 20.32, while the enterprise value to EBIT is recorded at 22.23. The company also shows a return on capital employed (ROCE) of 18.21% and a return on equity (ROE) of 13.46%.\n\nIn terms of market performance, Finolex Cables has experienced a notable return of 119.96% over the past three years, significantly outperforming the Sensex, which recorded a 30.14% return in the same period. However, the year-to-date performance indicates a decline of 26.05%, contrasting with the Sensex's modest drop of 3.63%. \n\nWhen compared to its peer, R R Kabel, Finolex Cables maintains a more favorable P/E ratio, while R R Kabel's enterpris..."
      },
      {
        "title": "Finolex Cables Shows Mixed Performance Amid Broader Market Gains and Small-Cap Strength",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/finolex-cables-stock-rises-5-04-outperforming-cable-sector-amid-mixed-performance-1427402",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/FinolexCables_priceRelatedfactors_688859.png",
        "date": "2025-03-18 12:20:15",
        "description": "Finolex Cables Ltd. experienced significant trading activity, outperforming its sector and reaching an intraday high. While its short-term performance has been positive, the stock faces challenges with declines over the past three months and year-to-date. However, it has shown substantial growth over the last five years."
      },
      {
        "title": "Finolex Cables Approaches 52-Week Low Amid Broader Market Gains and Sector Underperformance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/finolex-cables-hits-52-week-low-amid-declining-stock-performance-and-sell-rating-1402308",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/FinolexCables_priceRelatedfactors_681512.png",
        "date": "2025-03-17 12:36:36",
        "description": "Finolex Cables is facing notable market activity, with its stock price approaching a 52-week low and underperforming its sector. The company has seen a year-over-year decline, while its operating profit growth has been modest. Institutional holdings reflect considerable interest from larger investors amid a bearish trend."
      }
    ],
    "total": 93,
    "sid": "577677",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/finolex-cables-577677"
  },
  "announcements": [
    {
      "caption": "Closure of Trading Window",
      "datetime": "26-Mar-2025",
      "details": "Intimation regarding closure of trading window from 01st April 2025",
      "source": "BSE"
    },
    {
      "caption": "Clarification On Volume Movement",
      "datetime": "19-Mar-2025",
      "details": "Clarification on Volume Movement",
      "source": "BSE"
    },
    {
      "caption": "Clarification sought from Finolex Cables Ltd",
      "datetime": "19-Mar-2025",
      "details": "The Exchange has sought clarification from Finolex Cables Ltd on March 19 2025 with reference to Movement in Volume. <BR><BR>The reply is awaited.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Finolex Cables Ltd. has declared <strong>400%</strong> dividend, ex-date: 17 Sep 24",
          "dt": "2024-09-17",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Finolex Cables Ltd. has announced <strong>2:10</strong> stock split, ex-date: 08 Jan 07",
          "dt": "2007-01-08",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Finolex Cables Faces Technical Trend Shifts Amidst Market Volatility and Declining Performance

2025-04-02 08:05:08

Finolex Cables, a midcap player in the cable industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 884.90, down from a previous close of 914.25. Over the past year, Finolex Cables has experienced a decline of 9.41%, contrasting with a 2.72% gain in the Sensex, highlighting a challenging performance relative to the broader market. In terms of technical indicators, the weekly MACD and Bollinger Bands signal bearish trends, while the monthly metrics show a mildly bearish stance. The daily moving averages also reflect a bearish sentiment. Notably, the stock's 52-week high stands at 1,700.00, with a low of 781.00, indicating significant volatility over the past year. When examining the company's returns, it has shown a remarkable performance over the longer term, with a 303.05% increase over five years, significantly outpacing the Sense...

Finolex Cables Sees Surge in Trading Activity Amid Strong Investor Participation

2025-03-25 10:00:12

Finolex Cables Ltd., a prominent player in the cable industry, has emerged as one of the most active equities today, with a total traded volume of 3,019,772 shares and a total traded value of approximately Rs 292.63 crores. The stock opened at Rs 945.00 and reached a day high of Rs 988.00, reflecting a notable intraday performance. Currently, the last traded price stands at Rs 965.55, marking a 3.38% increase for the day. Finolex Cables has outperformed its sector by 2.66%, continuing a positive trend with gains over the last three days, accumulating a total return of 17.03%. The stock's performance is supported by a significant rise in investor participation, with delivery volume on March 24 reaching 497,000 shares, a 139.77% increase compared to the five-day average. In terms of moving averages, the stock is currently above its 5-day, 20-day, and 50-day averages, although it remains below the 100-day an...

Finolex Cables Shows Technical Trend Shifts Amid Market Dynamics and Volatility

2025-03-25 08:02:44

Finolex Cables, a midcap player in the cable industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 937.55, showing a notable increase from the previous close of 838.80. Over the past year, Finolex Cables has experienced a 5.39% return, which is slightly below the Sensex's 7.07% return during the same period. However, the company has demonstrated impressive long-term performance, with a remarkable 439.75% return over the last five years, significantly outpacing the Sensex's 192.36%. In terms of technical indicators, the MACD and KST suggest a bearish sentiment on a weekly basis, while the monthly outlook remains mildly bearish. The Bollinger Bands and moving averages also reflect a similar trend. Notably, the stock has seen fluctuations within a 52-week range of 781.00 to 1,700.00, indicating volatility in its price movements. The r...

Finolex Cables Adjusts Valuation Grade Amid Competitive Market Dynamics

2025-03-25 08:00:27

Finolex Cables has recently undergone a valuation adjustment, reflecting a shift in its financial standing within the cable industry. The company's current price stands at 937.55, showing a notable increase from the previous close of 838.80. Over the past year, Finolex Cables has experienced a stock return of 5.39%, which is slightly below the Sensex return of 7.07% for the same period. Key financial metrics for Finolex Cables include a price-to-earnings (PE) ratio of 20.63 and an EV to EBITDA ratio of 22.17. The company also boasts a return on capital employed (ROCE) of 18.21% and a return on equity (ROE) of 13.46%. In comparison to its peers, Finolex Cables maintains a lower PE ratio than R R Kabel, which has a valuation marked as attractive, while Diamond Power is categorized as risky with a significantly higher PE ratio. These metrics highlight Finolex Cables' competitive position in the market, par...

Finolex Cables Sees Surge in Trading Activity Amid Strong Investor Engagement

2025-03-24 12:00:04

Finolex Cables Ltd. has emerged as one of the most active equities today, reflecting significant trading activity in the cable industry. The stock, trading under the symbol FINCABLES, has seen a total traded volume of 6,794,911 shares, with a total traded value of approximately Rs 62.89 crores. Opening at Rs 843.0, Finolex Cables reached an intraday high of Rs 949.95, marking a notable increase of 13.22% during the trading session. The stock has demonstrated a strong performance, outperforming its sector by 10.86% and achieving a 12.23% return for the day. Over the past two days, it has gained 13.67%, indicating a positive trend. The stock has traded within a wide range of Rs 106.95 today, with a last traded price of Rs 947.0. It is currently positioned above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages. Additionally, the delivery volume...

Finolex Cables Shows Resilience Amid Broader Market Gains and Small-Cap Strength

2025-03-24 10:15:16

Finolex Cables has experienced notable trading activity, achieving a significant gain and outperforming its sector. The stock has shown consecutive gains over two days and reached an intraday high. In the broader market, the Sensex opened positively, with small-cap stocks leading the upward trend.

Finolex Cables Adjusts Valuation Amid Competitive Cable Industry Landscape

2025-03-19 08:00:30

Finolex Cables has recently undergone a valuation adjustment, reflecting a shift in its financial assessment. The company, operating within the cable industry, currently presents a price-to-earnings (P/E) ratio of 19.21 and a price-to-book value of 2.57. Its enterprise value to EBITDA stands at 20.32, while the enterprise value to EBIT is recorded at 22.23. The company also shows a return on capital employed (ROCE) of 18.21% and a return on equity (ROE) of 13.46%. In terms of market performance, Finolex Cables has experienced a notable return of 119.96% over the past three years, significantly outperforming the Sensex, which recorded a 30.14% return in the same period. However, the year-to-date performance indicates a decline of 26.05%, contrasting with the Sensex's modest drop of 3.63%. When compared to its peer, R R Kabel, Finolex Cables maintains a more favorable P/E ratio, while R R Kabel's enterpris...

Finolex Cables Shows Mixed Performance Amid Broader Market Gains and Small-Cap Strength

2025-03-18 12:20:15

Finolex Cables Ltd. experienced significant trading activity, outperforming its sector and reaching an intraday high. While its short-term performance has been positive, the stock faces challenges with declines over the past three months and year-to-date. However, it has shown substantial growth over the last five years.

Finolex Cables Approaches 52-Week Low Amid Broader Market Gains and Sector Underperformance

2025-03-17 12:36:36

Finolex Cables is facing notable market activity, with its stock price approaching a 52-week low and underperforming its sector. The company has seen a year-over-year decline, while its operating profit growth has been modest. Institutional holdings reflect considerable interest from larger investors amid a bearish trend.