Finolex Cables (FINCABLES) Ltd Share Price rises 2.50% as fundamentals stay in focus
- September 3, 2026
- Posted by: Kunal Singla
- Category: News
Finolex Cables Ltd. Share Price is at Rs 1,425, up 2.50% today, with market capitalisation at Rs 21,262.39 Cr. The move is visible in price action, while a company-specific catalyst is not established.
Finolex Cables Ltd Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,425 |
| Previous Close | Rs 1,390.25 |
| Today's Move | Rs 34.75 (+2.5%) |
| Open | Rs 1,390.8 |
| High | Rs 1,430.05 |
| Low | Rs 1,390 |
| Market Capitalisation | Rs 21,262.39 crore |
| Market Cap Category | Large Cap |
Finolex Cables Ltd. (FINCABLES) rose to Rs 1,425 from the previous close of Rs 1,390.25, a move of Rs 34.75 or 2.5%. The stock opened at Rs 1,390.8, reached a high of Rs 1,430.05, recorded a low of Rs 1,390.
Finolex Cables Ltd. Share Price opened at Rs 1,390.8, moved between Rs 1,390 and Rs 1,430.05, and was at Rs 1,425 against the previous close of Rs 1,390.25. That leaves a day change of Rs 34.75 and a day change of 2.50%, which is the core of today’s Finolex Cables Ltd. Share Price move.
For Finolex Cables Ltd. Share Price Today, the numbers show a session that started very near the prior close and held near the upper end of the day’s range. The current price is close to the day high and above the opening level, which is the full extent of what the price data supports. Finolex Cables Ltd. Share Price Live watchers can note that the market capitalisation of Rs 21,262.39 Cr makes the move relevant at a sizeable market value, but the price action itself remains the central fact. Finolex Cables Ltd. Share Price News therefore begins with a confirmed rise rather than an inferred reason. That keeps the analysis precise and useful. From here, Finolex Cables Ltd. Share Price naturally links to the company’s fundamentals, where valuation and operating ratios help explain why investors may place the stock on watch. Finolex Cables Ltd. Share Price Update also benefits from a look at peer positioning, because the same-day move sits inside a broader cable-industry setup.
Finolex Cables Ltd. (FINCABLES) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 21,262.39 crore |
| P/E Ratio | 26.57x |
| P/B Ratio | 3.38x |
| ROE | 12.33% |
| ROCE | 16.06% |
| EPS | Rs 52.32 |
| Book Value Per Share | Rs 411.54 |
| Dividend Yield | 0.65% |
Finolex Cables Ltd. (FINCABLES) fundamental metrics show P/E 26.57x, P/B 3.38x, ROE 12.33%, ROCE 16.06%. Taken on their own, these numbers offer context rather than a trading signal.
Finolex Cables Ltd. has a market capitalisation of Rs 21,262.39 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 26.57x, P/B at 3.38x 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. According to latest Univest data, additional metrics include EPS of Rs 52.32, book value per share of Rs 411.54, dividend yield of 0.65%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 29.82x, median ROE of 12.33%, median ROCE of 17.71%. They set out the fundamental picture and are not a rating on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Electricals |
| Industry | Cable |
| Benchmark Scope | same industry |
| Company P/E Ratio | 26.57x |
| Benchmark Median P/E | 29.82x |
| Benchmark Average P/E | 38.39x |
| Benchmark P/E Range | 1.37x to 214.94x |
| Company P/B Ratio | 3.38x |
| Benchmark Median P/B | 2.74x |
| Company ROE | 12.33% |
| Benchmark Median ROE | 12.33% |
| Company ROCE | 16.06% |
| Benchmark Median ROCE | 17.71% |
| Company Market Capitalisation | Rs 21,262.39 crore |
| Benchmark Median Market Cap | Rs 586.18 crore |
Finolex Cables Ltd. (FINCABLES) operates in the Electricals sector, within the Cable industry.
Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 26.57x, which is below the benchmark median of 29.82x, a difference of -10.9%. 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 equal to the benchmark median of 12.33%, a difference of 0%. Finolex Cables Ltd. (FINCABLES) has a ROCE of 16.06%, which is below the benchmark median of 17.71%, a difference of -9.32%.
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 | 1,24,332.96 | 43.41 | 9.78 | 25.03 | 34.93 |
| Sterlite Technologies Ltd. | STLTECH | 52,230.81 | 214.94 | 13.65 | 2.73 | 8.38 |
| KEI Industries Ltd. | KEI | 43,834.38 | 43.97 | 6.32 | 14.77 | 20.23 |
| RR Kabel Ltd. | RRKABEL | 30,598.43 | 50.36 | 11.02 | 20.83 | 28.43 |
| Diamond Power Infrastructure Ltd. | DIACABS | 22,616.06 | 115.09 | 21.17 | NA | 11.8 |
Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 26.57x compared with the displayed peer median of 50.36x. The comparison is relative and should not be read as a recommendation. Its ROE of 12.33% compares with a peer median of 17.8% 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 21,262.39 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Finolex Cables Ltd
- Finolex Cables Ltd. Share Price is rising today, with the stock at Rs 1,425 after a 2.50% gain.
- Finolex Cables Ltd. Share Price has a market capitalisation of Rs 21,262.39 Cr, which gives the move scale in the market.
- Finolex Cables Ltd. Share Price trades below the same-industry median P/E, which keeps valuation in focus.
- Finolex Cables Ltd. Share Price shows ROE of 12.33% and ROCE of 16.06%, both useful for fundamental analysis.
- Finolex Cables Ltd. Share Price sits inside the Cable industry peer set, where P/B and earnings multiples vary widely.
About Finolex Cables Ltd
Finolex Cables Ltd. operates in the Electricals sector and Cable industry. Finolex Cables Ltd. Share Price reflects a business that is followed through its position in cables and related electrical products rather than through a simple one-line industry label. The company’s market capitalisation of Rs 21,262.39 Cr shows that it is a meaningful listed name within the same industry group. For Finolex Cables Ltd. Share Price, the company description matters because business model context helps readers connect price action with fundamentals. As a cable company, its performance is naturally judged alongside peers such as Polycab India Ltd., KEI Industries Ltd., RR Kabel Ltd. and others in the same industry. Finolex Cables Ltd. Share Price therefore attracts attention both as a listed equity and as a participant in a competitive industry where valuation and capital efficiency are often compared closely.
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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
What is Finolex Cables Ltd Share Price today?
Ans. Finolex Cables Ltd. Share Price is Rs 1,425, up 2.50% today. The previous close was Rs 1,390.25, and the market capitalisation is Rs 21,262.39 Cr. The intraday range extended from Rs 1,390 to Rs 1,430.05.
Why is Finolex Cables Ltd Share Price rising today?
Ans. Univest figures confirm the price action, but they do not point to a specific company trigger. Finolex Cables Ltd. Share Price moved from Rs 1,390.25 to Rs 1,425 during the session.
What is the day range for Finolex Cables Ltd Share Price?
Ans. Finolex Cables Ltd. Share Price moved between Rs 1,390 and Rs 1,430.05 today. The stock opened at Rs 1,390.8 and was last traded at Rs 1,425. The previous close was Rs 1,390.25.
How does Finolex Cables Ltd Share Price look on valuation?
Ans. Finolex Cables Ltd. Share Price has a P/E of 26.57 and a P/B of 3.38. Those levels sit below the same-industry median P/E and above the same-industry median P/B.
What do ROE and ROCE show for Finolex Cables Ltd Share Price?
Ans. Finolex Cables Ltd. Share Price has ROE of 12.33% and ROCE of 16.06%. ROE matches the same-industry median, while ROCE is below the same-industry median of 17.71%. The previous close was Rs 1,390.25.
What is the EPS and book value linked to Finolex Cables Ltd Share Price?
Ans. Finolex Cables Ltd. Share Price has EPS of 52.32 and book value of Rs 411.54. EPS shows earnings attributable to each share, while book value shows accounting net worth per share.
How does Finolex Cables Ltd Share Price compare with peers?
Ans. Finolex Cables Ltd. Share Price has a lower P/E than Polycab India Ltd., KEI Industries Ltd., RR Kabel Ltd. and Sterlite Technologies Ltd. It also trades at a lower P/B than those peers.
Is Finolex Cables Ltd Share Price part of the Electricals sector?
Ans. Yes. Finolex Cables Ltd. Share Price belongs to the Electricals sector and Cable industry. That sector placement matters because valuation and returns are best read against the same-industry benchmark.
Track Finolex Cables Ltd 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.
Investors tracking Finolex Cables Ltd. Share Price on Univest can review live share price, valuation ratios, market capitalisation, 52-week levels and market insights in one place. Finolex Cables Ltd. Share Price pages on Univest also help readers revisit the same company through price action, fundamental analysis and peer comparison. For anyone following Finolex Cables Ltd. Share Price Today, that gives a practical way to stay aligned with verified numbers rather than broad commentary. Univest is useful when the question is not just where Finolex Cables Ltd. Share Price is trading, but how its current valuation and sector context compare with the rest of the cable universe.
