Finolex Cables Ltd. (FINCABLES) Share Price Hits Fresh 52-Week High
- August 12, 2026
- Posted by: Harsh Piplani
- Category: News
Finolex Cables Ltd. Share Price rose 8.31% to Rs 1,308.40 and touched a fresh 52-week high of Rs 1,309, taking market capitalisation to Rs 16,193.22 crore.
Finolex Cables Ltd. Share Price jumped to Rs 1,308.40 on 12 August 2026, up Rs 100.35 or 8.31% from the previous close of Rs 1,208.05, while hitting a fresh 52-week high of Rs 1,309. The move has pushed the company’s market capitalisation to Rs 16,193.22 crore, placing it firmly in focus in today’s Stock Market Today and Share Market Today conversations.
What happened today is straightforward in the verified data: the stock opened at Rs 1,228.25, traded as high as Rs 1,309, did not fall below its opening level of Rs 1,228.25, and recorded turnover of Rs 31.07 crore on volume of 2,37,456 shares. That combination signals a strong intraday push to a new one-year high. The supplied data confirms the price event, but it does not establish a company-specific catalyst behind the rise.
Why is the stock trending in Finolex Cables Ltd. Stock News and Finolex Cables Ltd. News Today searches? The answer lies in the event itself. A fresh 52-week peak often draws attention from traders scanning 52 Week High Stocks, Market Movers and Stocks in News lists, while longer-term investors usually compare the move with valuation, profitability and sector context. Univest analysis shows that the price event matters not just because the stock made a yearly high, but because the company’s valuation and return ratios can now be judged against peers and the broader Electricals benchmark.
For investors tracking Finolex Cables Ltd. Share Price Today, the next questions are whether the move is backed by meaningful trading activity, how the valuation stacks up against the sector, and whether the company’s profitability metrics justify sustained market attention. That is where the rest of this Univest stock analysis becomes relevant.
Finolex Cables Ltd. Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,308.4 |
| Previous Close | Rs 1,208.05 |
| Today's Change | +Rs 100.35 (+8.31%) |
| Day Open | Rs 1,228.25 |
| Fresh 52-Week High | Rs 1,309 |
| Day Low | Rs 1,228.25 |
| Current Volume | 2,37,456 |
| Turnover | Rs 31.07 crore |
| Market Capitalisation | Rs 16,193.22 crore |
Finolex Cables Ltd. (FINCABLES) traded at Rs 1,308.4. versus the previous close of Rs 1,208.05, a rise of 8.31%. The stock opened at Rs 1,228.25, reached Rs 1,309, touched Rs 1,228.25. Reported volume was 2,37,456.
Finolex Cables Ltd. Share Price Today showed a decisive intraday re-rating, with the stock opening above the previous close and extending gains to a fresh 52-week high. The session reflects strong price action, a wide positive day change and active turnover, all of which explain why the stock is drawing attention.
From the supplied numbers, Finolex Cables Ltd. Share Price opened at Rs 1,228.25 against the previous close of Rs 1,208.05, indicating an immediate positive gap at the open. The stock then moved to an intraday high of Rs 1,309, which also became its new 52-week high, before trading at Rs 1,308.40 at the time captured in this update. The absolute gain of Rs 100.35 and percentage rise of 8.31% make this one of the sharper price moves visible in the current Market News cycle.
The day’s low was also Rs 1,228.25, the same as the opening price. That means the stock held above the previous close throughout the captured session and did not retrace below its opening level. In practical terms, this reflects firm intraday support from the moment trade began. Turnover stood at Rs 31.07 crore with 2,37,456 shares changing hands, giving the move measurable participation rather than a purely isolated tick higher.
For Finolex Cables Ltd. Share Price Live watchers, the importance of this move is not that it guarantees follow-through, but that it places the stock at a fresh 52-week peak with a strong single-session gain and meaningful traded value. That is often enough to move a stock into Top Gainers Today, Breakout Stocks and Momentum Stocks discussions. Since the verified dataset does not provide indicator readings such as RSI, MACD or ADX, the cleaner way to assess the move is through valuation, profitability and sector positioning.
Finolex Cables Ltd. (FINCABLES) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 16,193.22 crore |
| P/E Ratio | 40.67x |
| P/B Ratio | 8.13x |
| ROE | 18.46% |
| ROCE | 15.26% |
Finolex Cables Ltd. was valued at a P/E ratio of 40.67x, a P/B ratio of 8.13x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of 18.46% and ROCE of 15.26%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Electricals |
| Benchmark Scope | same sector |
| Company P/E Ratio | 40.67x |
| Benchmark Median P/E | 18.05x |
| Benchmark Average P/E | 41.92x |
| Benchmark P/E Range | 0x to 486.43x |
| Company P/B Ratio | 8.13x |
| Benchmark Median P/B | 2.65x |
| Company ROE | 18.46% |
| Benchmark Median ROE | 3.01% |
| Company ROCE | 15.26% |
| Benchmark Median ROCE | 8.13% |
| Company Market Capitalisation | Rs 16,193.22 crore |
| Benchmark Median Market Cap | Rs 193.38 crore |
Finolex Cables Ltd. (FINCABLES) is classified under sector: Electricals.
Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 40.67x, which is above the benchmark median of 18.05x, a difference of +125.32%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Finolex Cables Ltd. (FINCABLES) has a ROE of 18.46%, which is above the benchmark median of 3.01%, a difference of +513.29%. Finolex Cables Ltd. (FINCABLES) has a ROCE of 15.26%, which is above the benchmark median of 8.13%, a difference of +87.7%.
Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Advait Infratech Ltd. | ADVAIT | 2,393.89 | 40.67 | 8.13 | 18.46 | 15.26 |
| Modern Insulators Ltd. | MODINSU | 2,317.36 | 23.53 | 4.08 | 10.6 | 11.4 |
| Paramount Communications Ltd. | PARACABLES | 2,201.01 | 37.17 | 2.55 | 1.65 | 2.67 |
| Dynamic Cables Ltd. | DYCL | 2,135.57 | 23.42 | 4.43 | 23.34 | 23.75 |
| Vinyas Innovative Technologies Ltd. | VINYAS-SM | 1,728.83 | 56.01 | 7.33 | 4.01 | 8.37 |
Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 40.67x compared with the displayed peer median of 37.17x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 18.46% compares with a peer median of 10.6% across the companies shown in the table. ROCE stood at 15.26% versus the displayed peer median of 11.4%, providing a capital-efficiency comparison. Finolex Cables Ltd. (FINCABLES) has a market capitalisation of Rs 16,193.22 crore. Among the 5 peers shown, 0 have a larger market capitalisation.
Why Investors Are Watching Finolex Cables Ltd.
This stock is being watched because the verified data combines a sharp price move with a fresh yearly high and a valuation-profitability profile that stands out within the Electricals sector. On Univest, the setup is notable for both price action and fundamental context.
- Fresh 52-week high: Finolex Cables Ltd. Share Price touched Rs 1,309 and traded at Rs 1,308.40, up 8.31% on the day.
- Strong session move: The stock gained Rs 100.35 from the previous close of Rs 1,208.05 and held above its opening price of Rs 1,228.25.
- Active participation: Turnover of Rs 31.07 crore and volume of 2,37,456 shares show meaningful trading activity around the move.
- Premium valuation: P/E of 40.67 and P/B of 8.13 are above the same-sector medians of 18.05 and 2.65.
- Stronger profitability: ROE of 18.46% and ROCE of 15.26% are above the same-sector medians of 3.01% and 8.13%.
- Scale advantage: Market capitalisation of Rs 16,193.22 crore is far above the supplied peer market-cap range.
About Finolex Cables Ltd.
Finolex Cables Ltd. is a listed Indian company tracked on the exchanges under the symbol FINCABLES. In the supplied Univest dataset, the company is classified under the Electricals sector, which is the primary industry context used for valuation and profitability benchmarking in this article.
The available comparison set places the company alongside Electricals names such as Advait Infratech, Modern Insulators, Paramount Communications, Dynamic Cables and Vinyas Innovative Technologies. That context matters because it shows how the market is currently comparing Finolex Cables Ltd. Share Price with other listed businesses in related electrical and cable-oriented categories.
At a market capitalisation of Rs 16,193.22 crore, the company stands out as substantially larger than the supplied peer basket and also larger than the highest market-cap figure shown in the same-sector benchmark snapshot. For investors following Finolex Cables Ltd. Stock Performance, this size difference is one of the clearest factual distinctions visible in the data currently available on Univest.
Track Finolex Cables Ltd. Share Price on Univest
Use Finolex Cables Ltd. (FINCABLES) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.
Investors can track Finolex Cables Ltd. Share Price on Univest for live share price moves, 52-week levels, market capitalisation, valuation ratios, profitability metrics and broader market insights. For stocks hitting a one-year high, Univest helps users place daily price action beside sector benchmarks and peer comparisons.
That is especially useful when Finolex Cables Ltd. Share Price Today becomes part of active Stock Updates, NSE News, BSE News and Market Update discussions. Instead of looking only at the headline move, users can compare P/E, P/B, ROE, ROCE, market cap and sector context in one place. For readers tracking Finolex Cables Ltd. Stock News, Univest provides a structured way to follow both price action and fundamental context without turning the data into a recommendation.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is Finolex Cables Ltd. Share Price today?
Ans. Finolex Cables Ltd. Share Price was Rs 1,308.40 at the time of this update on 12 August 2026. The stock was up Rs 100.35 or 8.31% from the previous close of Rs 1,208.05.
Did Finolex Cables Ltd. hit a 52-week high today?
Ans. Yes, Finolex Cables Ltd. hit a fresh 52-week high of Rs 1,309 during the session. The stock was trading at Rs 1,308.40 after opening at Rs 1,228.25 and holding above that level.
Why is Finolex Cables Ltd. Share Price rising today?
Ans. The verified data confirms a strong price move to a fresh 52-week high, with the stock gaining 8.31% in the session. However, the supplied dataset does not establish a specific company-side catalyst for today’s rise.
What does today’s price action show for Finolex Cables Ltd.?
Ans. Today’s price action shows a strong upward session. The stock opened at Rs 1,228.25, traded up to Rs 1,309, stayed above its opening level, and recorded turnover of Rs 31.07 crore on volume of 2,37,456 shares.
What is the market capitalisation of Finolex Cables Ltd.?
Ans. Finolex Cables Ltd. had a market capitalisation of Rs 16,193.22 crore in the supplied data. That is far above the same-sector median of Rs 193.38 crore and average of Rs 495.72 crore.
Is Finolex Cables Ltd. expensive compared with its sector?
Ans. On the supplied benchmarks, Finolex Cables Ltd. trades at a P/E of 40.67 versus the sector median of 18.05 and a P/B of 8.13 versus the median of 2.65, indicating higher valuation multiples.
How profitable is Finolex Cables Ltd. versus the Electricals benchmark?
Ans. Finolex Cables Ltd. reports ROE of 18.46% and ROCE of 15.26%. Both are above the same-sector medians of 3.01% and 8.13%, showing stronger profitability than much of the benchmark universe.
How does Finolex Cables Ltd. compare with peers on size?
Ans. Finolex Cables Ltd. stands out on size with a market cap of Rs 16,193.22 crore. Supplied peers range from Rs 1,728.83 crore to Rs 2,393.89 crore, leaving the company materially larger than that peer basket.
How does Finolex Cables Ltd. compare with peers on valuation and returns?
Ans. Finolex Cables Ltd. has a P/E of 40.67, equal to Advait Infratech and above several peers. Its ROE of 18.46% and ROCE of 15.26% beat multiple peers, though Dynamic Cables reports higher return ratios.
What should investors monitor next in Finolex Cables Ltd. Share Price?
Ans. Investors can monitor whether Finolex Cables Ltd. Share Price sustains above the fresh 52-week high zone, while also tracking turnover, market-cap changes, valuation multiples and how profitability compares with the broader Electricals sector.
