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Finolex Cables Ltd. (FINCABLES): Finolex Cables Share Price hits fresh 52-week high at Rs 1,375

9 Sept 202610:25 am

Finolex Cables Ltd. (FINCABLES): Finolex Cables Share Price hits fresh 52-week high at Rs 1,375
Finolex Cables Ltd. (FINCABLES) share price reached a fresh 52-week high of Rs 1,375 today and later stood at Rs 1,351.5, up 3.68% from the previous close. Market cap was Rs 18,764.13 crore.

Finolex Cables Share Price was at Rs 1,351.5, up 3.68% from the previous close, after touching a fresh 52-week high of Rs 1,375. Finolex Cables Ltd. (FINCABLES) carried a market capitalisation of Rs 18,764.13 crore as of 09 September 2026 at 10:22 AM IST. The latest Univest figures confirm the price event and show a move that places the stock in the day’s upper range, with turnover of Rs 19.56 crore. For investors tracking Finolex Cables Stock News, the key point is the verified price milestone itself; the data does not establish a company-specific catalyst.

Finolex Cables Share Price also matters because the stock is trading above its 50-day average of Rs 1,218.67 and well above its 200-day average of Rs 998.48. The latest Univest data shows a P/E of 24.92, a P/B of 3.17, ROE of 12.33%, ROCE of 16.06%, EPS of Rs 52.32 and book value of Rs 411.54. Dividend yield stands at 0.69%. In plain terms, Finolex Cables Share Price is being watched for the combination of a fresh yearly high, a strong distance from long-term averages and a valuation that can be compared with Electricals and Cable peers.

Finolex Cables Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 1,351.5
Previous Close Rs 1,303.5
Today's Move +Rs 48 (+3.68%)
Open Rs 1,321.95
High Rs 1,375
Low Rs 1,298
Turnover Rs 19.56 crore
Market Capitalisation Rs 18,764.13 crore

Finolex Cables Ltd. (FINCABLES) traded at Rs 1,351.5 versus the previous close of Rs 1,303.5, a rise of 3.68%. The stock opened at Rs 1,321.95, reached a high of Rs 1,375 and touched a low of Rs 1,298.

Finolex Cables Share Price today moved from a previous close of Rs 1,303.5 to Rs 1,351.5, a rise of Rs 48 or 3.68%. The stock opened at Rs 1,321.95, touched a low of Rs 1,298 and reached a high of Rs 1,375, which is also the fresh 52-week high. That means the day’s peak matched the yearly high, and the breakout over the earlier 52-week high of Rs 1,374.9 is about 0.01%. Turnover stood at Rs 19.56 crore. For Finolex Cables Share Price, the headline today is simple: the stock extended to a fresh one-year high while trading in a relatively narrow band around that peak. This is the core of the Finolex Cables Share Price Today move, and it is the main reason the name has entered Stocks in News and 52 Week High Stocks coverage on the Indian Stock Market.

The latest Univest data shows the move in Finolex Cables Share Price as a verified price event, not a declared catalyst story. As a result, the focus stays on what is measurable: the stock held above its previous close, printed a higher intraday high and stayed near the top of the day’s range. In market-news language, Finolex Cables Share Price Share Price Live action is clear even without adding assumptions about why the move happened.

Finolex Cables Ltd. (FINCABLES) Fundamental Analysis

Metric Value
Market Capitalisation Rs 18,764.13 crore
P/E Ratio 24.92x
P/B Ratio 3.17x
ROE 12.33%
ROCE 16.06%
EPS Rs 52.32
Book Value Per Share Rs 411.54
Dividend Yield 0.69%

Finolex Cables Ltd. (FINCABLES) fundamental metrics show P/E 24.92x, P/B 3.17x, 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 18764.13 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 24.92x, P/B at 3.17x 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 0.69%, 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 26.22x, median ROE of 13.43%, median ROCE of 20.12%. 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 24.92x
Benchmark Median P/E 26.22x
Benchmark Average P/E 35.73x
Benchmark P/E Range 1.02x to 174.78x
Company P/B Ratio 3.17x
Benchmark Median P/B 3.16x
Company ROE 12.33%
Benchmark Median ROE 13.43%
Company ROCE 16.06%
Benchmark Median ROCE 20.12%
Company Market Capitalisation Rs 18,764.13 crore
Benchmark Median Market Cap Rs 480.01 crore

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

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 24.92x, which is below the benchmark median of 26.22x, a difference of -4.96%. 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 13.43%, a difference of -8.19%. Finolex Cables Ltd. (FINCABLES) has a ROCE of 16.06%, which is below the benchmark median of 20.12%, a difference of -20.18%.

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 (%)
Diamond Power Infrastructure Ltd. DIACABS 19,954.64 102.63 21.19 0 0
RR Kabel Ltd. RRKABEL 27,008.46 45.57 9.97 20.83 28.43
Sterlite Technologies Ltd. STLTECH 40,478.22 174.78 11.1 2.73 8.38
Precision Wires India Ltd. PRECWIRE 8,431.94 50.25 10.72 23.03 33.09
KEI Industries Ltd. KEI 44,884.48 45.12 6.49 14.77 20.23

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 24.92x compared with the displayed peer median of 50.25x. 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 18,764.13 crore. Among the 5 peers shown, 4 have a larger market capitalisation.

Why Investors Are Watching Finolex Cables Share Price

  • Finolex Cables Share Price touched Rs 1,375, which is the fresh 52-week high for the stock today.
  • Finolex Cables Share Price was up Rs 48, or 3.68%, from the previous close of Rs 1,303.5.
  • Finolex Cables Share Price trades above its 50-day average of Rs 1,218.67 and 200-day average of Rs 998.48.
  • Finolex Cables Share Price has a P/E of 24.92, a P/B of 3.17 and a dividend yield of 0.69%.
  • Finolex Cables Share Price is in the Electricals sector and Cable industry, where its P/E is below the industry median of 26.22.

About Finolex Cables

Finolex Cables Ltd. operates in the Electricals sector and Cable industry. The company is identified on NSE and BSE as FINCABLES. Its published financial figures include revenue across recent quarters and return metrics such as ROE and ROCE, along with EPS, book value and dividend yield. For readers following Finolex Cables Stock News or Finolex Cables Company News, the most relevant context is that the business sits within a broad listed cable peer set and is now being tracked at a fresh yearly high.

Frequently Asked Questions

What is Finolex Cables Share Price today?

Ans. Finolex Cables Share Price was Rs 1,351.5, up 3.68% from the previous close of Rs 1,303.5. During the day, it also touched a fresh 52-week high of Rs 1,375.

Why did Finolex Cables Share Price hit a fresh 52-week high?

Ans. The latest Univest figures confirm the price event, but they do not establish a company-specific catalyst. What is verified is the move to Rs 1,375, which is the stock’s fresh yearly high.

How much did Finolex Cables Share Price rise today?

Ans. Finolex Cables Share Price rose Rs 48, or 3.68%, versus the previous close. It opened at Rs 1,321.95 and moved between Rs 1,298 and Rs 1,375 during the trading day.

What is the market capitalisation of Finolex Cables?

Ans. Finolex Cables has a market capitalisation of Rs 18,764.13 crore. That places Finolex Cables Share Price above the Cable industry median market cap of Rs 480.01 crore in the benchmark set.

How is Finolex Cables valued versus the Cable industry?

Ans. Finolex Cables Share Price is priced at a P/E of 24.92 and a P/B of 3.17. Its P/E is below the industry median of 26.22, while its P/B is close to the median of 3.16.

What do ROE and ROCE show for Finolex Cables?

Ans. Finolex Cables reports ROE of 12.33% and ROCE of 16.06%. Both are below the Cable industry medians of 13.43% and 20.12%, giving useful context to Finolex Cables Share Price.

What are the key earnings and book value figures?

Ans. EPS stands at Rs 52.32 and book value is Rs 411.54. Dividend yield is 0.69%, so Finolex Cables Share Price can be tracked with earnings, accounting value and payout context together.

How does Finolex Cables compare with peers?

Ans. Finolex Cables Share Price has a market cap below RR Kabel, KEI Industries, Sterlite Technologies and Polycab India, but above Universal Cables and Precision Wires India. Its P/E is also below most listed peers in the set.

Track Finolex Cables 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.

Track Finolex Cables Share Price on Univest for live price updates, key fundamentals, sector comparison, market cap context, 52-week levels and company news. Univest also helps readers follow Finolex Cables Share Price Today alongside peer valuation checks and broader market insights.

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).

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