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Finolex Cables Ltd. (FINCABLES) Share Price Rise Streak: 2nd Straight Session, Rs 1,471.80

13 Oct 2026 • 2:58 pm

Finolex Cables Ltd. (FINCABLES) Share Price Rise Streak: 2nd Straight Session, Rs 1,471.80
Finolex Cables Ltd. (FINCABLES) share price rose to Rs 1,471.8 today, up 2.31% from the previous close. Market cap was Rs 21,262.39 crore.

Finolex Cables Ltd. Share Price is trading higher in its second straight session, up 5.87% across the streak to Rs 1,471.80. The latest move is confirmed, but no company-specific catalyst is established.

With market capitalisation at Rs 21,262.39 crore, this Finolex Cables Ltd. Share Price Rise Streak is more than a single-day move because it follows a prior higher session. For readers tracking Finolex Cables Ltd. Share Price Today, the more useful question is how the latest price compares with valuation, sector averages and listed cable peers. According to latest Univest data, the current pattern is visible in the numbers, while the broader reading still depends on fundamentals rather than any unverified trigger. Univest data helps place the streak in context without turning it into a prediction.

Finolex Cables Ltd. Share Price Rise Streak: Consecutive Gain Analysis

Finolex Cables Ltd. (FINCABLES) rose to Rs 1,471.8 from the previous close of Rs 1,438.55, a move of Rs 33.25 or 2.31%. The stock opened at Rs 1,440.2, reached a high of Rs 1,471.8, recorded a low of Rs 1,411.75.

Finolex Cables Ltd. Share Price is up Rs 33.25 or 2.31% from the previous close, and the latest traded price of Rs 1,471.80 sits at the day high. In the current move, Finolex Cables Ltd. Share Price Today is being watched in the context of a second straight session rather than as a one-off swing. The stock opened at Rs 1,440.20, touched a low of Rs 1,411.75 and a high of Rs 1,471.80, which places the latest price at the top of the session range. Market capitalisation stands at Rs 21,262.39 crore. This is the price action that matters for Finolex Cables Ltd. Share Price Today, and it creates the base for a closer look at valuation and company fundamentals. Univest records the move as a confirmed share price rise, not as a completed-session conclusion.

What the Consecutive Gains Show

The second straight session matters because it turns Finolex Cables Ltd. Share Price Rise Streak into a two-day pattern, not a single intraday burst. The cumulative gain across the streak is 5.87% from the Rs 1,390.25 base, and that is the most important streak-level figure for Finolex Cables Ltd. Share Price. In a two-session run, the second straight session also helps readers compare today’s advance with the first higher day without over-reading it. According to Univest data, the price event is confirmed, but no company-specific catalyst is established. For Finolex Cables Ltd. Share Price Today, the streak shows continuity in price action, while the current market cap keeps the move grounded in a Rs 21,262.39 crore business rather than a small, isolated float.

Finolex Cables Ltd. (FINCABLES) Fundamental Analysis

Metric Value
Market Capitalisation Rs 21,262.39 crore
P/E Ratio 27.5x
P/B Ratio 3.5x
ROE 12.33%
ROCE 16.06%
EPS Rs 52.32
Book Value Per Share Rs 411.54
Dividend Yield 0.63%

Finolex Cables Ltd. (FINCABLES) fundamental metrics show P/E 27.5x, P/B 3.5x, 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 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 27.5x, P/B at 3.5x 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 0.63%, 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 29.59x, median ROE of 13.11%, median ROCE of 18.1%. Taken together, they outline the fundamentals rather than a view on the stock.

Sector and Industry Context

Metric Value
Sector Electricals
Industry Cable
Benchmark Scope same industry
Company P/E Ratio 27.5x
Benchmark Median P/E 29.59x
Benchmark Average P/E 38.86x
Benchmark P/E Range 1.31x to 214.53x
Company P/B Ratio 3.5x
Benchmark Median P/B 2.86x
Company ROE 12.33%
Benchmark Median ROE 13.11%
Company ROCE 16.06%
Benchmark Median ROCE 18.1%
Company Market Capitalisation Rs 21,262.39 crore
Benchmark Median Market Cap Rs 615.47 crore

Finolex Cables Ltd. (FINCABLES) operates in the Electricals sector, within the Cable industry.

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 27.5x, which is below the benchmark median of 29.59x, a difference of -7.06%. On its own, the P/E gap is a valuation reference point, not a trading call.

Finolex Cables Ltd. (FINCABLES) has a ROE of 12.33%, which is below the benchmark median of 13.11%, a difference of -5.95%. Finolex Cables Ltd. (FINCABLES) has a ROCE of 16.06%, which is below the benchmark median of 18.1%, a difference of -11.27%.

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 44.27 9.98 25.03 34.93
Sterlite Technologies Ltd. STLTECH 52,230.81 214.53 13.62 2.73 8.38
KEI Industries Ltd. KEI 43,834.38 44.62 6.42 14.77 20.23
RR Kabel Ltd. RRKABEL 30,598.43 50.68 11.09 20.83 28.43
Diamond Power Infrastructure Ltd. DIACABS 22,616.06 116.02 21.34 NA 11.8

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 27.5x compared with the displayed peer median of 50.68x. This peer read is a relative benchmark rather than a trading signal. 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 in a second straight session, with the cumulative streak move at 5.87%.
  • The latest traded price of Rs 1,471.80 is at the day high, which keeps Finolex Cables Ltd. Share Price Today in focus.
  • Market capitalisation of Rs 21,262.39 crore gives the move a large base inside the cable industry.
  • The P/E of 27.5 and P/B of 3.5 help frame the current Finolex Cables Ltd. Fundamental Analysis after the rise.
  • ROE of 12.33% and ROCE of 16.06% remain key reference points for Finolex Cables Ltd. Stock News readers.

About Finolex Cables Ltd.

Finolex Cables Ltd. operates in the Electricals sector and the Cable industry, which is the right context for reading Finolex Cables Ltd. Share Price Rise Streak. The business context matters because the stock is not moving in a vacuum; it belongs to a listed cable franchise with earnings, book value and return ratios that investors can compare with peers. For Finolex Cables Ltd. Share Price Today, the important point is how the market is pricing those fundamentals after the second straight session. Univest tracks this stock alongside its industry set so readers can connect the share price move with valuation, market cap and peer positioning. That keeps the discussion focused on what the company does and how the market is treating it, without drifting into speculation about why the streak started.

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

Why is Finolex Cables Ltd. Share Price rising today?

Ans. Finolex Cables Ltd. Share Price is higher in its second straight session, and the cumulative move across the streak is 5.87%. According to Univest data, the price event is confirmed, but no company-specific catalyst is established.

What is the current Finolex Cables Ltd. Share Price?

Ans. Finolex Cables Ltd. Share Price is trading at Rs 1,471.80. It is up Rs 33.25, or 2.31%, from the previous close of Rs 1,438.55 in the current session.

What does the second straight session mean for Finolex Cables Ltd. Share Price?

Ans. The second straight session means Finolex Cables Ltd. Share Price has risen on two consecutive trading sessions. The streak started from Rs 1,390.25 and has added 5.87% cumulatively.

How high did Finolex Cables Ltd. Share Price trade today?

Ans. Finolex Cables Ltd. Share Price touched Rs 1,471.80, which is also the day high. The stock opened at Rs 1,440.20 and traded between Rs 1,411.75 and Rs 1,471.80.

What is the market capitalisation of Finolex Cables Ltd.?

Ans. Finolex Cables Ltd. has a market capitalisation of Rs 21,262.39 crore. That size helps place Finolex Cables Ltd. Share Price against peers and the wider cable industry benchmark.

What is the valuation of Finolex Cables Ltd. Share Price after the rise?

Ans. Finolex Cables Ltd. Share Price is valued at 27.5 times earnings and 3.5 times book value. The higher share price lifts these multiples, while EPS and book value remain unchanged.

How do Finolex Cables Ltd. fundamentals look?

Ans. Finolex Cables Ltd. reports EPS of Rs 52.32, book value of Rs 411.54, dividend yield of 0.63%, ROE of 12.33% and ROCE of 16.06%. These numbers frame the current Finolex Cables Ltd. Share Price.

How does Finolex Cables Ltd. compare with cable peers?

Ans. Finolex Cables Ltd. Share Price has a lower P/E than Polycab, KEI, RR Kabel and Diamond Power, but its P/B is below Polycab and above the industry median. Profitability is also below some peers.

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.

Univest lets readers track Finolex Cables Ltd. Share Price live alongside key ratios, 52-week levels, market capitalisation and company insights. That makes it easier to follow Finolex Cables Ltd. Share Price Today after a second straight session and compare the move with fundamentals, sector context and listed peers. Finolex Cables Ltd. Stock News coverage on Univest is designed to keep the price action, valuation and business backdrop together in one place.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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