{"id":245478,"date":"2026-09-15T09:52:41","date_gmt":"2026-09-15T04:22:41","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=245478"},"modified":"2026-09-15T09:52:41","modified_gmt":"2026-09-15T04:22:41","slug":"why-finolex-cables-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-finolex-cables-share-price-fall-today-2026\/","title":{"rendered":"Finolex Cables (FINCABLES) Share Price Falls 3.36% Today: Key Levels, Valuation and Peer View"},"content":{"rendered":"
Finolex Cables (FINCABLES)<\/a>share price fell to Rs 1,375.4 today, down 3.36% from the previous close. Market cap was Rs 21,767.09 crore.<\/em><\/div>\n

Finolex Cables Share Price fell to Rs 1,375.40 on 15 September 2026, down 3.36% for the day. The move reduced the company\u2019s market capitalisation to Rs 21,767.09 crore. Classified as a Large Cap stock in the Electricals sector and Cable industry, the counter drew attention early in the session after opening at Rs 1,423.20 and then moving lower.<\/p>\n

The verified data shows a decline of Rs 47.85 from the previous close of Rs 1,423.25, with the stock touching an intraday low of Rs 1,367.30. The data confirms the price event, but it does not identify a company-specific trigger. That means the day\u2019s move is best read through price action, valuation and peer context rather than through an assumed catalyst.<\/p>\n

Key financial metrics provide that context. Finolex Cables has a P\/E ratio of 27.2, P\/B ratio of 3.46, ROE of 12.33%, ROCE of 16.06%, EPS of 52.32, book value of 411.54 and dividend yield of 0.63. Together, these place the stock near the middle of the cable industry on valuation, while profitability is respectable but not among the strongest in the peer set.<\/p>\n

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