FINPIPE

Finolex Industries Share PriceFinolex Industries

₹179.95
2.3 (1.29%)
  • Advice
  • Hold
As on 28 May, 2023 | 06:22 BSE: 500940 NSE: FINPIPE

Finolex Industries Performance

Day Range

  • Low
  • High
179.95

52 Week Range

  • Low
  • High
179.95
  • Open Price
  • Previous Close
  • Volume

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Finolex Industries Share Price

  • Over 1 Month 9.86%
  • Over 3 Month 5.7%
  • Over 6 Month 11.25%
  • Over 1 Year 29.18%

Finolex Industries Key Statistics

P/E Ratio 44.7
PEG Ratio -0.6
Market Cap Cr 11,166
Price to Book Ratio 2.3
EPS 3.8
Dividend 2.2
Relative Strength Index 52.05
Money Flow Index 71.44
MACD Signal 3.98
Average True Range 6.58

Finolex Industries Investment Rating

  • Master Rating:
  • Finolex Industries has an operating revenue of Rs. 4,396.76 Cr. on a trailing 12-month basis. An annual revenue de-growth of -4% needs improvement, Pre-tax margin of 7% is okay, ROE of 5% is fair but needs improvement. 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 trading close to its 50DMA and comfortably placed above its 200DMA, around 10% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -7% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 37 which is a POOR score indicating inconsistency in earnings, a RS Rating of 66 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 63 indicates it belongs to a poor industry group of Bldg-Constr Prds/Misc and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Finolex Industries Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,1411,1259411,1901,595
Operating Expenses Qtr Cr 9241,0331,0841,0641,330
Operating Profit Qtr Cr 21792-143126265
Depreciation Qtr Cr 2423222122
Interest Qtr Cr 654118
Tax Qtr Cr 5820-3518142
Net Profit Qtr Cr 15872-94100494

Finolex Industries Technicals

EMA & SMA

Current Price
₹179.95
2.3 (1.29%)
  • Bullish Moving Average
  • ___
  • 10
  • Bearish Moving Average
  • ___
  • 6
  • 20 Day
  • ₹179.89
  • 50 Day
  • ₹175.28
  • 100 Day
  • ₹171.53
  • 200 Day
  • ₹166.89
  • 20 Day
  • ₹180.42
  • 50 Day
  • ₹171.97
  • 100 Day
  • ₹173.3
  • 200 Day
  • ₹162.18

Finolex Industries Resistance and Support

PIVOT
₹178.04
Resistance
First Resistance ₹179.82
Second Resistance ₹181.99
Third Resistance ₹183.77
RSI 52.05
MFI 71.44
MACD Single Line 3.98
MACD 3.13
Support
First Resistance ₹175.87
Second Resistance ₹174.09
Third Resistance ₹171.92

Finolex Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 780,789 24,618,277 31.53
Week 1,334,326 52,025,355 38.99
1 Month 1,372,163 45,967,457 33.5
6 Month 956,675 35,320,449 36.92

Finolex Industries Result Highlights

Finolex Industries Synopsis

NSE-Bldg-Constr Prds/Misc

Finolex Industries is involved in the business activities of Manufacture of other plastics products. Company’s Total Operating Revenue is Rs. 4397.05 Cr. and Equity Capital is Rs. 123.67 Cr. for the Year ended 31/03/2023. Finolex Industries Ltd. is a Public Limited Listed company incorporated on 28/03/1981 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L40108PN1981PLC024153 and registration number is 024153.
Market Cap 11,165
Sales 4,397
Shares in Float 29.78
No of funds 157
Yield 0.83
Book Value 2.31
U/D Vol ratio 1.6
LTDebt / Equity
Alpha 0.08
Beta 1.16

Finolex Industries

Owner NameMar-23Dec-22Sep-22Jun-22
Promoters 52.47%52.47%52.47%52.47%
Mutual Funds 11.7%11.07%9.37%9.77%
Insurance Companies 0.53%0.52%0.41%
Foreign Portfolio Investors 5.51%5.4%5.59%5.69%
Financial Institutions/ Banks
Individual Investors 24.06%24.55%26.78%27.11%
Others 5.73%5.99%5.38%4.96%

Finolex Industries Management

Name Designation
Mr. Prakash P Chhabria Executive Chairman
Mr. Saumya Chakrabarti Director - Technical
Mrs. Ritu P Chhabria Non Exe.Non Ind.Director
Mr. Saurabh S Dhanorkar Non Exe.Non Ind.Director
Ms. Bhumika L Batra Independent Director
Mrs. Kanchan U Chitale Independent Director
Dr. Deepak R Parikh Independent Director
Mr. Pradeep R Rathi Independent Director
Mr. Anami N Roy Independent Director
Mr. Anil V Whabi Managing Director

Finolex Industries Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Finolex Industries Corporate Action

Date Purpose Remarks
2023-05-22 Audited Results & Final Dividend
2023-02-04 Quarterly Results
2022-10-21 Quarterly Results
2022-07-22 Quarterly Results
2022-05-18 Audited Results & Final Dividend
Date Purpose Remarks
2021-04-16 Split Rs.0.00 split from Rs. 10/- to Rs. 2/-.

Finolex Industries MF Shareholding

Name Amount(cr)
SBI Small Cap Fund Regular Plan Growth 16592
HDFC Small Cap Fund Growth 15857
Nippon India Multi Cap Fund - Growth 15088
DSP Small Cap Fund Regular Plan Growth 9409
Franklin India Smaller Companies Fund Growth 7593

Finolex Industries FAQs

What is Share Price of Finolex Industries ?

Finolex Industries share price is ₹179 As on 28 May, 2023 | 06:08

What is the Market Cap of Finolex Industries ?

The Market Cap of Finolex Industries is ₹11165.5 Cr As on 28 May, 2023 | 06:08

What is the P/E ratio of Finolex Industries ?

The P/E ratio of Finolex Industries is 44.7 As on 28 May, 2023 | 06:08

What is the PB ratio of Finolex Industries ?

The PB ratio of Finolex Industries is 2.3 As on 28 May, 2023 | 06:08

Q2FY23

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