Finolex Cables Ltd. (FINCABLES) Share Price Hits Fresh 52-Week High

Finolex Cables Ltd. Share Price rose to Rs 1,197.40, up 13.09% today, after hitting a fresh 52-week high of Rs 1,225. Market capitalisation stood at Rs 15,632.70 crore.

Finolex Cables Ltd. Share Price moved sharply higher on 11 August 2026, rising to Rs 1,197.40 from the previous close of Rs 1,058.80, a gain of Rs 138.60 or 13.09% for the session. During the day, the stock touched Rs 1,225, marking a fresh 52-week high, while market capitalisation stood at Rs 15,632.70 crore. For investors tracking Finolex Cables Ltd. Share Price Today, the move stands out because it combines a strong one-day jump with a new yearly high and meaningful cash turnover of Rs 82.36 crore.

The supplied data confirms the price event, but it does not establish a company-specific catalyst behind the rise. Even so, the move has pushed Finolex Cables Ltd. Stock News into the broader conversation around Stocks in News, Market Movers and 52 Week High Stocks. From a research perspective, the important points are clear: the stock opened at Rs 1,075, traded between Rs 1,053.75 and Rs 1,225, and saw volume of 6,87,837 shares. Univest notes that when a stock reaches a fresh 52-week peak without a verified trigger in the supplied data, price action, valuation, peer comparison and sector context become the main tools for understanding investor attention.

That is why this Univest review looks not only at the intraday move, but also at how the company’s P/E of 29.05, P/B of 4.27, ROE of 10.6 and ROCE of 11.4 compare with the wider Electricals sector and listed peers. Investors following Finolex Cables Ltd. Share Price and Finolex Cables Ltd. Latest News may want to monitor whether the stock can hold levels closer to its 52-week high while valuations remain above several sector benchmarks.

Finolex Cables Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,197.4
Previous Close	Rs 1,058.8
Today's Change	+Rs 138.6 (+13.09%)
Day Open	Rs 1,075
Fresh 52-Week High	Rs 1,225
Day Low	Rs 1,053.75
Current Volume	6,87,837
Turnover	Rs 82.36 crore
Market Capitalisation	Rs 15,632.7 crore

Finolex Cables Ltd. (FINCABLES) traded at Rs 1,197.4. versus the previous close of Rs 1,058.8, a rise of 13.09%. The stock opened at Rs 1,075, reached Rs 1,225, touched Rs 1,053.75. Reported volume was 6,87,837.

Finolex Cables Ltd. Share Price Today reflects a decisive upward session, with the stock opening above the previous close, extending gains intraday and printing a fresh 52-week high at Rs 1,225 before settling at Rs 1,197.40. The combination of a 13.09% rise, wide trading range and Rs 82.36 crore turnover makes this a notable Share Price Update.

In exact terms, Finolex Cables Ltd. Share Price opened at Rs 1,075 against a previous close of Rs 1,058.80. The stock then moved within an intraday band of Rs 1,053.75 to Rs 1,225. That means the day’s low briefly slipped below the previous close, but buyers later drove the stock to a new one-year high and kept it well above the opening level by the close. The final gain of Rs 138.60 shows that the move was not limited to a brief spike.

Volume also deserves attention. The stock recorded current volume of 6,87,837 shares, while turnover reached Rs 82.36 crore. In practical terms, that combination indicates active participation during the session and helps explain why Finolex Cables Ltd. Share News has moved into the day’s Stock Market Today and Share Market Today discussions. The stock’s ability to hit a 52-week peak and still close at Rs 1,197.40 suggests that a meaningful part of the day’s strength remained intact into the later stages of trade.

For traders and long-term market watchers alike, the main takeaway is straightforward: Finolex Cables Ltd. Share Price Live action showed a strong upward repricing within a single session. The next step is to examine whether the stock’s current valuation and profitability metrics support the attention now coming from the market.

Finolex Cables Ltd. (FINCABLES) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 15,632.7 crore
P/E Ratio	29.05x
P/B Ratio	4.27x
ROE	10.6%
ROCE	11.4%

Finolex Cables Ltd. was valued at a P/E ratio of 29.05x, a P/B ratio of 4.27x. 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 10.6% and ROCE of 11.4%. 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	29.05x
Benchmark Median P/E	18.07x
Benchmark Average P/E	44.08x
Benchmark P/E Range	0x to 470.21x
Company P/B Ratio	4.27x
Benchmark Median P/B	2.54x
Company ROE	10.6%
Benchmark Median ROE	3.03%
Company ROCE	11.4%
Benchmark Median ROCE	8.37%
Company Market Capitalisation	Rs 15,632.7 crore
Benchmark Median Market Cap	Rs 204.82 crore

Finolex Cables Ltd. (FINCABLES) is classified under sector: Electricals.

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 29.05x, which is above the benchmark median of 18.07x, a difference of +60.76%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Finolex Cables Ltd. (FINCABLES) has a ROE of 10.6%, which is above the benchmark median of 3.03%, a difference of +249.83%. Finolex Cables Ltd. (FINCABLES) has a ROCE of 11.4%, which is above the benchmark median of 8.37%, a difference of +36.2%.

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 (%)
Modern Insulators Ltd.	MODINSU	2,439.23	29.05	4.27	10.6	11.4
Advait Infratech Ltd.	ADVAIT	2,401.39	40.79	8.15	18.46	15.26
Paramount Communications Ltd.	PARACABLES	2,252.06	36.54	2.53	1.65	2.67
Dynamic Cables Ltd.	DYCL	2,047.38	22.45	4.25	23.34	23.75
Vinyas Innovative Technologies Ltd.	VINYAS-SM	1,643.63	53.25	6.97	4.01	8.37

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 29.05x compared with the displayed peer median of 36.54x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 10.6% compares with a peer median of 10.6% across the companies shown in the table. ROCE stood at 11.4% versus the displayed peer median of 11.4%, providing a capital-efficiency comparison. Finolex Cables Ltd. (FINCABLES) has a market capitalisation of Rs 15,632.7 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Why Investors Are Watching Finolex Cables Ltd.

Here are the verified reasons Finolex Cables Ltd. Share Price is attracting attention in today’s market:

• Fresh price milestone: the stock touched Rs 1,225, setting a new 52-week high.
• Strong daily move: it rose Rs 138.60, or 13.09%, from the previous close of Rs 1,058.80.
• Active trading participation: volume reached 6,87,837 shares and turnover came in at Rs 82.36 crore.
• Meaningful scale: market capitalisation stands at Rs 15,632.70 crore, well above the supplied same-sector market-cap benchmarks.
• Fundamental context: P/E is 29.05, P/B is 4.27, ROE is 10.6 and ROCE is 11.4.
• Sector positioning: valuation is above sector median levels, while ROE and ROCE are above sector medians.
• Peer relevance: the company is substantially larger than the displayed peers, with mid-pack relative valuation and profitability.

About Finolex Cables Ltd.

Based on the supplied dataset, Finolex Cables Ltd. (FINCABLES) is a listed company tracked in the Electricals sector. In Univest coverage, the stock is being evaluated alongside other Electricals names and cable-linked peers such as Advait Infratech, Paramount Communications and Dynamic Cables.

The verified information available for this article primarily positions the company through its market data, sector classification and peer universe rather than through a longer business description. As a result, the clearest factual context is that Finolex Cables Ltd. is currently being watched as a large-cap name within the supplied Electricals comparison set, with a market capitalisation of Rs 15,632.70 crore and a fresh 52-week high event bringing it into focus.

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.

Users tracking Finolex Cables Ltd. Share Price can follow live market moves, 52-week levels, valuation ratios, peer comparison and sector context on Univest. That makes it easier to place Finolex Cables Ltd. Share Price Today within a broader research framework instead of viewing a one-day move in isolation.

Univest also helps investors monitor Finolex Cables Ltd. Stock News, market capitalisation changes, share price updates and comparative analytics across the Electricals sector. For anyone watching this one-year high, Univest provides a practical way to keep the price event connected to fundamentals and broader market context.

Frequently Asked Questions

What is Finolex Cables Ltd. Share Price Today?

Ans. Finolex Cables Ltd. Share Price Today was Rs 1,197.40 at the time of the article. The stock gained Rs 138.60 or 13.09% from the previous close of Rs 1,058.80, making it one of the notable market movers.

Did Finolex Cables Ltd. hit a 52-week high today?

Ans. Yes, the stock touched Rs 1,225 during the session, marking a fresh 52-week high. It later traded at Rs 1,197.40, showing that a large part of the day’s upward move remained intact by the measured time.

Why is Finolex Cables Ltd. Share Price rising today?

Ans. The supplied data confirms that Finolex Cables Ltd. Share Price rose 13.09% and hit a fresh yearly high. However, the dataset does not establish a company-specific catalyst, so the verified focus remains on price action and market participation.

What were the day’s open, high and low for Finolex Cables Ltd.?

Ans. The stock opened at Rs 1,075, touched a high of Rs 1,225 and a low of Rs 1,053.75. Compared with the previous close of Rs 1,058.80, that reflects a session with a wide intraday trading range.

How much trading activity was seen in Finolex Cables Ltd. today?

Ans. Finolex Cables Ltd. recorded volume of 6,87,837 shares with turnover of Rs 82.36 crore. That level of activity helps explain why the stock entered the day’s market conversations after reaching a fresh 52-week peak.

What is the market capitalisation of Finolex Cables Ltd.?

Ans. The company’s market capitalisation stood at Rs 15,632.70 crore in the supplied data. That is far above the same-sector benchmark median of Rs 204.82 crore and average of Rs 504.75 crore shown in this article.

How is Finolex Cables Ltd. valued on P/E and P/B?

Ans. Finolex Cables Ltd. is valued at a P/E ratio of 29.05 and a P/B ratio of 4.27. Those figures are above the sector median values of 18.07 and 2.54 respectively in the supplied benchmark.

What do ROE and ROCE indicate for Finolex Cables Ltd.?

Ans. The supplied ROE is 10.6 and ROCE is 11.4. Both figures are above the sector medians of 3.03 and 8.37, showing a stronger return profile than a substantial part of the compared Electricals universe.

How does Finolex Cables Ltd. compare with listed peers?

Ans. Finolex Cables Ltd. has a much larger market cap than the displayed peers, while its P/E, P/B, ROE and ROCE sit in a mixed middle range. It is neither the cheapest nor the highest-return stock shown.

Where can investors track Finolex Cables Ltd. Share Price updates?

Ans. Investors can track Finolex Cables Ltd. Share Price on Univest for live price updates, 52-week levels, valuation ratios, peer comparisons and sector context. That helps connect daily price movement with broader stock analysis.