Finolex Cables Ltd. (FINCABLES): Finolex Cables Share Price Rises 2.25% to Rs 1,393.25

Published: 17 September 2026 at 10:19:16 AM IST

Finolex Cables Share Price was in focus today after the stock rose 2.25% to Rs 1,393.25, adding Rs 30.65 from the previous close of Rs 1,362.6. The company’s market capitalisation stood at Rs 20,487.75 crore, placing this as a notable share price rise in today’s stock news flow. The session opened at Rs 1,362, moved between Rs 1,359.1 and Rs 1,396.6, and ended near the day’s high. The supplied data confirms the price event, but it does not establish a company-specific catalyst. For readers tracking Finolex Cables Share Price Today, the move is relevant because it combines a higher close, a defined intraday range and a sizeable listed-company market value. Univest is following the stock through price action, valuation context and sector comparison so investors can track the same move in a wider market framework.

Finolex Cables Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,393.25
Previous Close	Rs 1,362.6
Today's Move	Rs 30.65 (+2.25%)
Open	Rs 1,362
High	Rs 1,396.6
Low	Rs 1,359.1
Turnover	Rs 2.66 crore
Market Capitalisation	Rs 20,487.75 crore
Market Cap Category	Large Cap

Finolex Cables Ltd. (FINCABLES) rose to Rs 1,393.25 from the previous close of Rs 1,362.6, a move of Rs 30.65 or 2.25%. The stock opened at Rs 1,362, reached a high of Rs 1,396.6, recorded a low of Rs 1,359.1.

Finolex Cables stock rose today from Rs 1,362.6 to Rs 1,393.25, a gain of 2.25% or Rs 30.65. The day’s range was Rs 1,359.1 to Rs 1,396.6, while turnover stood at Rs 2.66 crore. In practical terms, the move was orderly rather than extreme, with the close sitting close to the upper end of the day’s range. For anyone searching Finolex Cables Share Price Today or Finolex Cables Share Price Live, the session shows a clear daily increase, but the supplied data stops at the price event itself and does not assign a cause.

The intraday pattern also matters because the stock did not reverse sharply after the open. Instead, it traded within a relatively tight band and finished just below the session high. That kind of close often helps readers separate a routine upward move from a more volatile swing. For this Finolex Cables Share Price update, the important point is that the stock held most of its gain through the session and closed with clear positive momentum in price terms.

Another useful angle is the relationship between the day’s move and the company’s size. A market capitalisation above Rs 20,000 crore means the share price change is being recorded in a well-established listed business, not in a small-cap counter. That gives the rise additional relevance for investors who follow large listed names within the cable space and want to see how a single session changes the stock’s positioning.

Finolex Cables Ltd. (FINCABLES) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 20,487.75 crore
P/E Ratio	26.04x
P/B Ratio	3.31x
ROE	12.33%
ROCE	16.06%
EPS	Rs 52.32
Book Value Per Share	Rs 411.54
Dividend Yield	0.66%

Finolex Cables Ltd. (FINCABLES) fundamental metrics show P/E 26.04x, P/B 3.31x, 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 20487.75 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 26.04x, P/B at 3.31x 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. Additional supplied metrics include EPS of Rs 52.32, book value per share of Rs 411.54, dividend yield of 0.66%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 25.23x, median ROE of 13.21%, median ROCE of 18.86%. 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	26.04x
Benchmark Median P/E	25.23x
Benchmark Average P/E	35.23x
Benchmark P/E Range	1.27x to 173.08x
Company P/B Ratio	3.31x
Benchmark Median P/B	2.92x
Company ROE	12.33%
Benchmark Median ROE	13.21%
Company ROCE	16.06%
Benchmark Median ROCE	18.86%
Company Market Capitalisation	Rs 20,487.75 crore
Benchmark Median Market Cap	Rs 616.83 crore

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

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 26.04x, which is above the benchmark median of 25.23x, a difference of +3.21%. 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 13.21%, a difference of -6.66%. Finolex Cables Ltd. (FINCABLES) has a ROCE of 16.06%, which is below the benchmark median of 18.86%, a difference of -14.85%.

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	1,22,617.75	42.77	9.64	25.03	34.93
Sterlite Technologies Ltd.	STLTECH	43,949.34	173.08	10.99	2.73	8.38
KEI Industries Ltd.	KEI	43,020.27	43.26	6.22	14.77	20.23
RR Kabel Ltd.	RRKABEL	26,913.45	44.63	9.77	20.83	28.43
Diamond Power Infrastructure Ltd.	DIACABS	23,208.15	120.16	24.8	0	0

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 26.04x compared with the displayed peer median of 44.63x. 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 20,487.75 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Why Investors Are Watching Finolex Cables

• Finolex Cables Share Price rose 2.25% today to Rs 1,393.25.
• The session closed above the previous close of Rs 1,362.6 and near the day high of Rs 1,396.6.
• Market capitalisation stood at Rs 20,487.75 crore, giving scale context to the move.
• P/E is 26.04, P/B is 3.31, ROE is 12.33% and ROCE is 16.06%.
• In the same-industry benchmark, the company’s P/E is slightly above the median and its ROCE is below the median.

About Finolex Cables

Finolex Cables Ltd. operates in the Electricals sector and Cable industry. The company is known for wires and cables and is part of a broader electrical products ecosystem that serves industrial and consumer demand in India. Its listed market capitalisation reflects a large and established business base, while the current share price shows how the market values that business today.

For readers following Finolex Cables Company News, the business context matters because the stock sits in an industry where valuation and operating return profiles are often compared closely with peers. The company’s profitability metrics, such as ROE, ROCE and EPS, provide a useful snapshot of its financial profile, while book value and dividend yield add further context for investors studying Finolex Cables Financial Results and Finolex Cables Shareholding Pattern over time. Univest keeps this section factual so the reader can connect the stock move with the business profile.

That context is especially useful on a price-rise day because the market often responds first to trading behaviour and only later to broader interpretation. Finolex Cables Share Price can therefore be followed as both a daily market event and a longer-term business valuation reference. Readers tracking the company over time may find it helpful to compare the latest move with sector benchmarks, peer ratios and the company’s own published financial snapshot.

Track Finolex Cables 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.

Readers can track Finolex Cables Share Price on Univest for live share price updates, fundamental ratios, shareholding pattern, 52-week levels and market insights. The platform also helps users review Finolex Cables Stock Analysis, Finolex Cables Fundamental Analysis and broader market context in one place. If you are scanning Finolex Cables News Today or trying to follow Finolex Cables Share News, Univest keeps the data organised for quick review.

Frequently Asked Questions

Why did Finolex Cables share price rise today?

Ans. Finolex Cables Share Price rose 2.25% to Rs 1,393.25 today. The supplied data confirms the price event, but it does not establish a company-specific catalyst for the move. The previous close was Rs 1,362.6.

What is Finolex Cables share price today?

Ans. Finolex Cables Share Price Today is Rs 1,393.25. The stock gained Rs 30.65 from the previous close of Rs 1,362.6 and traded between Rs 1,359.1 and Rs 1,396.6 during the session.

What is the market capitalisation of Finolex Cables?

Ans. Finolex Cables has a market capitalisation of Rs 20,487.75 crore. That places it well above the industry median in the same-industry benchmark and gives useful scale context to the day’s share price rise.

How expensive is Finolex Cables compared with peers?

Ans. Finolex Cables Share Price is backed by a P/E of 26.04 and P/B of 3.31. Compared with the industry median, P/E is slightly higher and P/B is also above the median.

What do Finolex Cables earnings and book value show?

Ans. Finolex Cables reports EPS of Rs 52.32 and book value of Rs 411.54 per share. EPS reflects earnings attributable to each share, while book value shows the accounting net worth behind each share.

How does Finolex Cables compare with cable peers?

Ans. Finolex Cables Share Price sits alongside peers such as Polycab India, KEI Industries and RR Kabel. Its valuation is lower than several larger peers, while ROE and ROCE are below some stronger-return names in the group.