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Finolex Cables Limited

FINCABLES | NSE

798.75

INR

22.25

2.87%

FINCABLES | NSE
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About Finolex Cables Limited

Sector

Industrials

Industry

Electrical Equipment & Parts

Earnings date

31/03/2024

As of date

01/04/2026

Close

798.75

Open

794.45

High

823.00

Low

791.50

Finolex Cables Limited manufactures and sells electrical and communication cables and other electrical appliances in India and internationally. The company operates through Electrical Cables Communication Cables Copper Rods and Others segments. It offers electrical cables such as 1100V and motor winding PVC insulated automotive/battery UPS elevator and solar cables as well as heavy duty underground low and high voltage power and control cables; and communication cables including optic fiber coaxial local area network CCTV speaker jelly filled telephone PE insulated telephone and V-SAT cables. The company also provides copper rods; electrical switches sockets regulators etc.; and retrofit and non-retrofit CFL lamps T5 tube lights and fittings as well as LED based lighting solutions. In addition it offers ceiling table wall pedestal and exhaust fans; switchgear products such as miniature and residual current circuit breakers molded case circuit breakers and distribution boards; conduit pipes and fittings; and water heaters. Further the company offers its products through online retail stores. Finolex Cables Limited was founded in 1958 and is based in Pune India.

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FINCABLES | NSE

Risk
59.1
Sharpe
-0.30
Luna's Score
51/100
Recommendation
Hold

Luna says (FINCABLES | NSE)

What's Working

Low Market Beta (-0.4 to 0.8)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

What's not Working

Price Below SMA10D

High Short-term Volatility

Smallcap (300M - 2B USD)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

61.6%

1 month

59.1%

3 months

45.2%

6 months

34.9%

Returns

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Fundamental Ratios

PE

27.54

Fwd. PE

-

Price to book

4.06

Debt to equity

0.00

Debt to assets

0.00

Ent. to EBITDA

19.16

Ent. to rev.

3.53

PEG

-

Other Fundamentals

EBITDA

5.70B

MarketCap

122.16B

MarketCap(USD)

1.31B

Div. yield

0.61

Op. margin

9.44

Erngs. growth

52.10

Rev. growth

2.20

Ret. on equity

13.99

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

120.75

Range1M

221.80

Range3M

293.00

Volumes: Market Activity

Volume Averages

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Rel. volume

0.50

Price X volume

290.67M

Peers

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JSW Holdings LimitedJSWHLConglomerates11762132.63B4.07%56.500.00%
Amara Raja Energy & Mobility LimitedARE&MIN713.9130.75B6.16%24.962.30%
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DOMS INDUSTRIES LIMITEDDOMSIN2345.1128.48B2.03%94.3621.11%
Allied Blenders & Distillers LtdABDLIN421.55122.82B4.33%3.45K
TBO Tek LtdTBOTEKIN1093.9122.23B3.46%104.19
UTI Asset Management Company LimitedUTIAMCAsset Management950.5121.09B1.40%20.743.45%
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  • 1

Diversifiers

Name
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Industry
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Marketcap
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PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Amara Raja Energy & Mobility LimitedARE&MIN713.9130.75B6.16%24.962.30%
DOMS INDUSTRIES LIMITEDDOMSIN2345.1128.48B2.03%94.3621.11%
Allied Blenders & Distillers LtdABDLIN421.55122.82B4.33%3.45K
TBO Tek LtdTBOTEKIN1093.9122.23B3.46%104.19
SANOFI CONS HEALTHC IND LSANOFICONRIN4535.7111.70B5.53%n/a
Honasa Consumer LimitedHONASAIN307.45103.30B3.08%108.4411.96%
Vedant Fashions LimitedMANYAVARApparel Retail374.3591.57B6.65%84.2627.74%
Cello World LimitedCELLOIN39787.69B2.19%54.8032.26%
Azad Engineering LimitedAZADIN1534.786.02B3.42%130.376.11%
INDIA SHELTER FINANCE CORPORATION LIMITEDINDIASHLTRIN755.2584.11B0.08%27.80148.57%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA19.1629.24Cheaper
Ent. to Revenue3.533.76Par
PE Ratio27.5452.56Cheaper
Price to Book4.067.72Cheaper
Dividend Yield0.610.48Leader
Std. Deviation (3M)45.1948.49Par
Debt to Equity0.000.28Cheaper
Debt to Assets0.000.14Cheaper
Market Cap122.16B179.89BEmerging
  • 1

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