Finolex Cables
Finolex Cables Performance
Day Range
- Low 1,035.00
- High 1,072.70
52 Week Range
- Low 491.15
- High 1,219.00
- Open Price1,035.30
- Previous Close1,032.15
- Volume582460
Start SIP in Finolex Cables
Start SIPFinolex Cables Investment Rating
-
Master Rating:
-
Finolex Cables has an operating revenue of Rs. 4,766.32 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 13% is healthy, ROE of 11% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 12% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 15% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 91 which is a GREAT score indicating consistency in earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 82 indicates it belongs to a poor industry group of Electrical-Power/Equipmt and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 1,187 | 1,204 | 1,224 | 1,150 | 1,091 | 1,016 | 1,187 |
Operating Expenses Qtr Cr | 1,043 | 1,060 | 1,077 | 1,009 | 998 | 902 | 1,070 |
Operating Profit Qtr Cr | 144 | 144 | 148 | 141 | 93 | 114 | 117 |
Depreciation Qtr Cr | 11 | 11 | 15 | 11 | 11 | 9 | 9 |
Interest Qtr Cr | 0 | 0 | 1 | 0 | 0 | 0 | 1 |
Tax Qtr Cr | 52 | 40 | 39 | 28 | 52 | 26 | 22 |
Net Profit Qtr Cr | 165 | 132 | 135 | 135 | 137 | 96 | 105 |
Finolex Cables Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹988.58
- 50 Day
- ₹979.29
- 100 Day
- ₹968.27
- 200 Day
- ₹896.66
- 20 Day
- ₹966.67
- 50 Day
- ₹969.77
- 100 Day
- ₹1,017.03
- 200 Day
- ₹919.62
Finolex Cables Resistance and Support
Resistance | |
---|---|
First Resistance | 1,083.03 |
Second Resistance | 1,096.72 |
Third Resistance | 1,120.73 |
RSI | 70.26 |
MFI | 87.61 |
MACD Single Line | 13.96 |
MACD | 28.68 |
Support | |
---|---|
First Resistance | 1,045.33 |
Second Resistance | 1,021.32 |
Third Resistance | 1,007.63 |
Finolex Cables Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 604,378 | 30,895,803 | 51.12 |
Week | 411,717 | 20,347,034 | 49.42 |
1 Month | 488,366 | 24,486,681 | 50.14 |
6 Month | 607,083 | 21,448,256 | 35.33 |
Finolex Cables Result Highlights
Finolex Cables Synopsis
NSE-Electrical-Power/Equipmt
Finolex Cables is involved in the business activities of Manufacture of electric lighting equipment. Company’s Total Operating Revenue is Rs. 4481.11 Cr. and Equity Capital is Rs. 30.59 Cr. for the Year ended 31/03/2023. Finolex Cables Ltd. is a Public Limited Listed company incorporated on 05/06/1967 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L31300MH1967PLC016531 and registration number is 016531.Market Cap | 16,101 |
Sales | 4,766 |
Shares in Float | 9.79 |
No of funds | 223 |
Yield | 0.68 |
Book Value | 4.26 |
U/D Vol ratio | 1 |
LTDebt / Equity | |
Alpha | 0.13 |
Beta | 1.12 |
Finolex Cables
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 35.92% | 35.92% | 35.92% | 35.92% |
Mutual Funds | 11.89% | 12.19% | 13.37% | 13.87% |
Insurance Companies | 2.71% | 2.54% | 3% | 3.55% |
Foreign Portfolio Investors | 11.77% | 11.25% | 10.78% | 10.22% |
Financial Institutions/ Banks | 0.01% | 0.01% | ||
Individual Investors | 17.37% | 17.78% | 16.9% | 16.6% |
Others | 20.33% | 20.31% | 20.03% | 19.84% |
Finolex Cables Management
Name | Designation |
---|---|
Mr. Deepak Chhabria | Executive Chairman |
Mr. Ratnakar Prakash Barve | Executive Director - Operations |
Mr. Nikhil Manohar Naik | Non Executive Director |
Mr. Zubin Framroze Billimoria | Independent Director |
Mr. Sriraman Raghuraman | Independent Director |
Mrs. Vanessa Singh | Independent Woman Director |
Finolex Cables Forecast
Price Estimates
Finolex Cables Corporate Action
Finolex Cables FAQs
What is Share Price of Finolex Cables ?
Finolex Cables share price is ₹1,069 As on 11 December, 2023 | 18:33
What is the Market Cap of Finolex Cables ?
The Market Cap of Finolex Cables is ₹16354.6 Cr As on 11 December, 2023 | 18:33
What is the P/E ratio of Finolex Cables ?
The P/E ratio of Finolex Cables is 25.4 As on 11 December, 2023 | 18:33
What is the PB ratio of Finolex Cables ?
The PB ratio of Finolex Cables is 3.7 As on 11 December, 2023 | 18:33