Finolex Cables (FINCABLES) Share Price Falls 2.08% Today to Rs 1,430
- September 28, 2026
- Posted by: Harsh Piplani
- Category: News
Finolex Cables Share Price was Rs 1,430 in today’s trade, down 2.08% from the previous close of Rs 1,460.40. The company’s market capitalisation stood at Rs 22,335.26 crore, placing Finolex Cables in the Large Cap category. This Finolex Cables Share Price move is relevant because it comes after a same-day decline without a company-specific catalyst established in the supplied data. For readers tracking Finolex Cables Share Price Today, the key point is that the stock opened at Rs 1,462, touched an intraday high of Rs 1,462.90 and a low of Rs 1,428.85 before settling lower. Univest’s market coverage notes the move as a price event, not a stated reason.
The latest Finolex Cables Stock News therefore centres on price action, valuation and sector context rather than any disclosed trigger. In today’s session, the share price fell by Rs 30.40, and turnover stood at Rs 1.86 crore. The broader read is that Finolex Cables Share Price Today reflects a visible downgrade in the session’s last traded level versus the prior close, while the supplied fundamentals and cable-industry comparison help place that move in context. Univest analysis below breaks down what the numbers show.
Finolex Cables (FINCABLES) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,430 |
| Previous Close | Rs 1,460.4 |
| Today's Move | -Rs 30.40 (-2.08%) |
| Open | Rs 1,462 |
| High | Rs 1,462.9 |
| Low | Rs 1,428.85 |
| Turnover | Rs 1.86 crore |
| Market Capitalisation | Rs 22,335.26 crore |
| Market Cap Category | Large Cap |
Finolex Cables Share Price today moved from a previous close of Rs 1,460.40 to Rs 1,430, which means the stock ended Rs 30.40 lower. The day’s percentage change was -2.08%, while the session opened at Rs 1,462, printed a high of Rs 1,462.90 and a low of Rs 1,428.85. That puts the closing price close to the lower end of the intraday range, and it also shows that the day’s movement remained within a relatively narrow band of less than Rs 34.
Turnover stood at Rs 1.86 crore, which is the exact traded value supplied for the session. Since Finolex Cables is a Large Cap stock, the market capitalisation of Rs 22,335.26 crore becomes an important context point for the day’s move. The stock’s price fall is therefore best read as a measurable single-session decline in a large listed cable company, with no company-specific catalyst established in the supplied data. For those scanning Finolex Cables Share Price Today and Finolex Cables Share News, the main verified takeaway is the move itself and the position of the day’s close relative to the open, high and low. The next natural question is how that price compares with the company’s financial metrics and industry benchmark.
Finolex Cables (FINCABLES) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 22,335.26 crore |
| P/E Ratio | 27.91x |
| P/B Ratio | 3.55x |
| ROE | 12.33% |
| ROCE | 16.06% |
| EPS | Rs 52.32 |
| Book Value Per Share | Rs 411.54 |
| Dividend Yield | 0.62% |
The dividend yield is 0.62%, which is a factual yield measure rather than a forecast. On balance, these numbers show a profitable company with positive earnings and an established equity base. EPS helps explain the earnings attributable to each share, and book value shows the accounting net worth per share. For investors checking Finolex Cables Stock News or Finolex Cables Stock Analysis, the point is not a directional call but a factual read: the stock is neither lightly valued nor cheap on a standalone basis, and its profitability ratios remain important when compared with the sector and peers. Univest places these metrics alongside the price move so the day’s decline can be read with both market and business context in view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Electricals |
| Industry | Cable |
| Benchmark Scope | same industry |
| Company P/E Ratio | 27.91x |
| Benchmark Median P/E | 25.77x |
| Benchmark Average P/E | 35.25x |
| Benchmark P/E Range | 1.26x to 176.39x |
| Company P/B Ratio | 3.55x |
| Benchmark Median P/B | 2.82x |
| Benchmark Average P/B | -7.99x |
| Company ROE | 12.33% |
| Benchmark Median ROE | 11.54% |
| Benchmark Average ROE | 5.1% |
| Company ROCE | 16.06% |
| Benchmark Median ROCE | 17.66% |
| Benchmark Average ROCE | 17.67% |
| Company Market Capitalisation | Rs 22,335.26 crore |
| Benchmark Median Market Cap | Rs 524.83 crore |
| Benchmark Average Market Cap | Rs 9,479.85 crore |
Finolex Cables Share Price sits within the Electricals sector and the Cable industry, where the supplied benchmark covers 34 companies in the same industry. On valuation, Finolex Cables’ P/E of 27.91 is above the sector median of 25.77 and below the benchmark average of 35.25. Its P/B of 3.55 is also above the median of 2.82 and below the benchmark average of 7.99 in the supplied comparison set. This places the stock in the middle of the industry’s valuation spread rather than at an extreme.
On profitability, Finolex Cables’ ROE of 12.33% is above the sector median of 11.54% but below the benchmark average of 5.1% shown in the dataset, while ROCE of 16.06% sits below the sector median of 17.66% and just under the benchmark average of 17.67%. The sector benchmark also shows a market capitalisation median of Rs 524.83 crore and an average of Rs 9,479.85 crore across the same industry, while Finolex Cables’ own market cap is Rs 22,335.26 crore. For readers tracking Finolex Cables Share Price and Finolex Cables News Today, the sector frame suggests the stock is a meaningful large listed participant within a broad cable peer set, with valuation and return ratios that can be compared cleanly against the industry distribution.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Polycab India | POLYCAB | 1,26,585.04 | 44.19 | 9.96 | 25.03 | 34.93 |
| KEI Industries | KEI | 44,736.3 | 44.88 | 6.45 | 14.77 | 20.23 |
| Sterlite Technologies | STLTECH | 42,862.11 | 176.39 | 11.2 | 2.73 | 8.38 |
| RR Kabel | RRKABEL | 28,581.76 | 47.04 | 10.29 | 20.83 | 28.43 |
| Diamond Power Infrastructure | DIACABS | 21,219.56 | 107.98 | 19.86 | 0 | 11.8 |
Finolex Cables Share Price also needs to be read against listed peers in the cable segment. Compared with Polycab India, KEI Industries, Sterlite Technologies and RR Kabel, Finolex Cables has a market capitalisation of Rs 22,335.26 crore, which is below Polycab’s Rs 1,26,585.04 crore and KEI’s Rs 44,736.30 crore, but above Sterlite Technologies’ Rs 42,862.11 crore and RR Kabel’s Rs 28,581.76 crore.
On valuation, Finolex Cables’ P/E of 27.91 is below Polycab, KEI, Sterlite Technologies and RR Kabel in this peer set. Its ROE of 12.33% is below Polycab’s 25.03%, KEI’s 14.77% and RR Kabel’s 20.83%, but above Sterlite Technologies’ 2.73%. ROCE at 16.06% is also below Polycab, KEI and RR Kabel, while remaining above Sterlite Technologies. For Finolex Cables Stock Analysis, the comparison is clear: the company trades at a lower multiple than several peers, but its return ratios sit in the middle of the group rather than at the top. That is useful context for anyone following Finolex Cables Share Price Fall in today’s market session.
Why Investors Are Watching Finolex Cables
- Finolex Cables Share Price fell 2.08% today to Rs 1,430 after closing at Rs 1,460.40 in the previous session.
- The day’s range was Rs 1,428.85 to Rs 1,462.90, with the stock opening at Rs 1,462.
- Turnover was Rs 1.86 crore for the session, based on the supplied trading data.
- The company’s market capitalisation is Rs 22,335.26 crore, and it is classified as Large Cap.
- Finolex Cables trades at 27.91 times earnings, with ROE of 12.33% and ROCE of 16.06%.
About Finolex Cables
Finolex Cables operates in the Electricals sector and Cable industry. The supplied dataset places the company within a broad peer set of cable manufacturers and related listed businesses. For readers following Finolex Cables Company News, the business context here is anchored in the sector classification and the financial ratios already discussed. Univest uses this company overview to connect the stock’s daily price move with the broader industry frame, while keeping the narrative to verified company facts and reported financial measures.
Track Finolex Cables Share Price on Univest
Use Finolex Cables (FINCABLES) live share-price page,Univest top decliners screener,Univest market blogs to review live stock data, top decliners and related market analysis.
Track Finolex Cables Share Price on Univest for live price updates, financial ratios, shareholding pattern details, market capitalisation context and peer comparison. Readers can also review the company’s historical highs and lows, valuation metrics and sector position in one place. Univest keeps the analysis aligned with verified market data so the stock can be followed with a clear event, fundamentals and industry view.
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
Why did Finolex Cables Share Price fall today?
Ans. The supplied data confirms a 2.08% decline, but it does not establish a company-specific catalyst. Finolex Cables Share Price moved from Rs 1,460.40 to Rs 1,430 during today’s session. The previous close was Rs 1,460.4.
What is Finolex Cables Share Price today?
Ans. Finolex Cables Share Price today is Rs 1,430. The stock declined Rs 30.40 from the previous close of Rs 1,460.40, with the day’s range stretching from Rs 1,428.85 to Rs 1,462.90.
What is the market capitalisation of Finolex Cables?
Ans. Finolex Cables has a market capitalisation of Rs 22,335.26 crore. The stock is classified as Large Cap in the supplied data, which is useful context when reading today’s share price fall.
How does Finolex Cables compare with cable peers?
Ans. Finolex Cables trades at a lower P/E than Polycab, KEI, Sterlite Technologies and RR Kabel in the supplied peer set. Its ROE and ROCE sit below some peers and above others, showing a middle-position profile.
What do the financial ratios say about Finolex Cables Share Price?
Ans. Finolex Cables reports a P/E of 27.91, P/B of 3.55, ROE of 12.33%, ROCE of 16.06%, EPS of Rs 52.32, book value of Rs 411.54 and dividend yield of 0.62%.
