Finolex Cables Ltd. (FINCABLES): Finolex Cables Share Price rises 2.03% as stock gains
- September 22, 2026
- Posted by: Harsh Piplani
- Category: News
Finolex Cables Share Price moved higher today, with the stock at Rs 1,427.95 after a 2.03% rise from the previous close. The move added Rs 28.45 to the day’s value and brought Finolex Cables Share Price Today into focus for investors following Electricals sector stocks. The company’s market capitalisation stands at Rs 21,578.21 crore, which gives the session a meaningful large-cap backdrop.
The day opened at Rs 1,410 and moved within a narrow but active range, touching a low of Rs 1,405.35 and a high of Rs 1,438.15. That places the closing price near the upper end of the range and shows that the stock held a firm tone through the session. Turnover was Rs 3.19 crore, which provides additional context for the day’s market activity without implying any specific trading reason. As supplied, there is no confirmed company-specific catalyst behind the rise, so the article remains focused on verified price action, valuation and peer context.
For readers tracking Finolex Cables Stock Analysis, the important point is that today’s gain was not just a headline move. The stock advanced from Rs 1,399.50 to Rs 1,427.95, stayed above its opening level, and finished close to the session high. That sequence suggests a steady intraday lift rather than a sharp spike and fade. Finolex Cables Share Price therefore stands out today as a straightforward price rise, with the rest of the analysis helping place the move in context.
Finolex Cables Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,427.95 |
| Previous Close | Rs 1,399.5 |
| Today's Move | Rs 28.45 (+2.03%) |
| Open | Rs 1,410 |
| High | Rs 1,438.15 |
| Low | Rs 1,405.35 |
| Turnover | Rs 3.19 crore |
| Market Capitalisation | Rs 21,578.21 crore |
| Market Cap Category | Large Cap |
Finolex Cables Ltd. (FINCABLES) rose to Rs 1,427.95 from the previous close of Rs 1,399.5, a move of Rs 28.45 or 2.03%. The stock opened at Rs 1,410, reached a high of Rs 1,438.15, recorded a low of Rs 1,405.35.
Finolex Cables Share Price rose 2.03% today, and the most relevant interpretation is the path taken during the session. The stock opened at Rs 1,410, which was already above the previous close, and then continued to build on that strength. The day’s high of Rs 1,438.15 was only modestly above the closing price, which indicates that the stock retained most of its intraday gains into the close.
The day’s low of Rs 1,405.35 came soon after the open and still remained above the previous close by a small margin. That matters because it shows the stock did not revisit yesterday’s level once trading settled. Instead, Finolex Cables Share Price spent the session in a higher band, suggesting that buyers were willing to keep the price above the prior reference point. In a price-rise article, that sequence is often more useful than the percentage alone because it helps explain whether the move was orderly or erratic.
Turnover of Rs 3.19 crore gives another piece of event-specific context. It confirms that the day’s move was tracked in market activity, while still keeping the analysis limited to the data supplied. There is no basis in the dataset to attach a news trigger, operational development or external event to the move, so the correct reading is simply that Finolex Cables Share Price advanced in today’s session and held most of its strength through the close.
The broader takeaway from Price Action Analysis is that the stock’s performance was consistent across the trading range. A gain of Rs 28.45 over the previous close is meaningful in absolute terms, but the more informative point is that the stock stayed comfortably within a higher band from open to close. For investors watching Finolex Cables Share Price, that makes today’s session a clean positive price event rather than a volatile outlier.
It is also useful to note that the rise came while the market cap remained at Rs 21,578.21 crore. That scale matters because price changes in a large-cap company can carry different weight than in a smaller name. In this case, the market reaction appears measured, and the stock’s placement near the top of the day’s range reinforces that the advance was sustained rather than purely speculative.
Finolex Cables Ltd. (FINCABLES) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 21,578.21 crore |
| P/E Ratio | 26.75x |
| P/B Ratio | 3.4x |
| ROE | 12.33% |
| ROCE | 16.06% |
| EPS | Rs 52.32 |
| Book Value Per Share | Rs 411.54 |
| Dividend Yield | 0.64% |
Finolex Cables Ltd. (FINCABLES) fundamental metrics show P/E 26.75x, P/B 3.4x, ROE 12.33%, ROCE 16.06%. These figures provide context only and are not a buy or sell signal.
Finolex Cables Ltd. has a market capitalisation of Rs 21578.21 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 26.75x, P/B at 3.4x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 12.33% and ROCE of 16.06%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 52.32, book value per share of Rs 411.54, dividend yield of 0.64%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 25.66x, median ROE of 12.88%, median ROCE of 18.91%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Electricals |
| Industry | Cable |
| Benchmark Scope | same industry |
| Company P/E Ratio | 26.75x |
| Benchmark Median P/E | 25.66x |
| Benchmark Average P/E | 35.26x |
| Benchmark P/E Range | 1.21x to 171.11x |
| Company P/B Ratio | 3.4x |
| Benchmark Median P/B | 3.01x |
| Company ROE | 12.33% |
| Benchmark Median ROE | 12.88% |
| Company ROCE | 16.06% |
| Benchmark Median ROCE | 18.91% |
| Company Market Capitalisation | Rs 21,578.21 crore |
| Benchmark Median Market Cap | Rs 618.7 crore |
Finolex Cables Ltd. (FINCABLES) is classified under sector: Electricals and industry: Cable.
Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 26.75x, which is above the benchmark median of 25.66x, a difference of +4.25%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Finolex Cables Ltd. (FINCABLES) has a ROE of 12.33%, which is below the benchmark median of 12.88%, a difference of -4.27%. Finolex Cables Ltd. (FINCABLES) has a ROCE of 16.06%, which is below the benchmark median of 18.91%, a difference of -15.07%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Polycab India Ltd. | POLYCAB | 1,25,978.17 | 44.06 | 9.93 | 25.03 | 34.93 |
| KEI Industries Ltd. | KEI | 44,435.16 | 44.16 | 6.35 | 14.77 | 20.23 |
| Sterlite Technologies Ltd. | STLTECH | 42,093.59 | 171.11 | 10.87 | 2.73 | 8.38 |
| RR Kabel Ltd. | RRKABEL | 27,716.5 | 44.93 | 9.83 | 20.83 | 28.43 |
| Diamond Power Infrastructure Ltd. | DIACABS | 21,958.18 | 114.46 | 21.06 | 0 | 11.8 |
Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 26.75x compared with the displayed peer median of 44.93x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 12.33% compares with a peer median of 14.77% across the companies shown in the table. ROCE stood at 16.06% versus the displayed peer median of 20.23%, providing a capital-efficiency comparison. Finolex Cables Ltd. (FINCABLES) has a market capitalisation of Rs 21,578.21 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Finolex Cables
- Finolex Cables Share Price rose 2.03% today to Rs 1,427.95.
- The stock gained Rs 28.45 over the previous close of Rs 1,399.50.
- Intraday prices ranged between Rs 1,405.35 and Rs 1,438.15.
- Turnover stood at Rs 3.19 crore in today’s session.
- Market capitalisation remains at Rs 21,578.21 crore in the large-cap category.
About Finolex Cables
Finolex Cables Ltd. is part of the Electricals sector and Cable industry. The company is represented in today’s article through its listed-market data, valuation metrics and peer comparison. That means the visible picture is focused on how Finolex Cables Share Price behaves within the market, rather than on any unverified operating detail.
The supplied numbers show a company with a meaningful market presence, a mid-range valuation and return ratios that are generally close to the industry centre rather than at the top of the pack. For readers looking at Finolex Cables Company News, this creates a clean reference point: the stock is large enough to matter, but still trades with valuation and profitability characteristics that can be compared carefully with other cable businesses.
Track Finolex Cables Share Price on Univest
Use Finolex Cables Ltd. (FINCABLES) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Track Finolex Cables Share Price on Univest for live updates, market summaries and related stock coverage. You can also review the top-gainers screener and the latest market blogs to stay aligned with broader market movement and sector context.
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 rise today?
Ans. The supplied data confirms that Finolex Cables Share Price rose 2.03% to Rs 1,427.95 today. It does not establish a company-specific catalyst, so the visible analysis stays limited to the verified price move and related metrics.
What is Finolex Cables Share Price today?
Ans. Finolex Cables Share Price today is Rs 1,427.95. The stock was up Rs 28.45, or 2.03%, from the previous close of Rs 1,399.50, making it a clear same-day share price gain.
What is Finolex Cables market capitalisation?
Ans. Finolex Cables has a market capitalisation of Rs 21,578.21 crore. That figure places the company well above the same-industry median and average in the supplied Cable peer set. The company operates in the Electricals sector.
How is Finolex Cables valued against peers?
Ans. Finolex Cables’ P/E ratio of 26.75 is below many supplied peers, while its P/B ratio of 3.40 is also lower than several cable companies listed here. The comparison remains factual, not directional.
What do Finolex Cables ROE and ROCE show?
Ans. Finolex Cables reports ROE of 12.33% and ROCE of 16.06%. Both figures provide profitability context, and they sit below the supplied industry medians of 12.88% and 18.91% respectively. ROE stands at 12.33%.
What do EPS, book value and dividend yield mean for Finolex Cables?
Ans. Finolex Cables shows EPS of Rs 52.32, book value of Rs 411.54 and dividend yield of 0.64%. These numbers describe earnings, accounting net worth per share and the historical payout context.
