Finolex Cables Ltd. (FINCABLES): Finolex Cables Share Price rises 2.11% to Rs 1,424.15

Published: 18 September 2026 at 9:49:48 AM IST

Finolex Cables Share Price moved higher today, with the stock at Rs 1,424.15, up 2.11% from the previous close of Rs 1,394.70. The company’s market capitalisation stands at Rs 20,839.52 crore, placing the day’s move in a clear valuation context for investors tracking Finolex Cables Share Price Today on NSE and BSE. The verified data shows a price rise, but it does not establish a company-specific catalyst. Still, the move is relevant because it comes alongside a defined intraday range and a compact turnover base, which makes Finolex Cables Stock News useful for readers scanning Indian Stock Market updates.

For those tracking Finolex Cables Share Price today, the session began at Rs 1,399.50, touched an intraday low of Rs 1,392.95 and a high of Rs 1,427.95. In Univest coverage, the focus is not on speculation but on verified numbers that explain what happened and how the stock sits against its own fundamentals, sector benchmark and peers. That approach keeps Finolex Cables Share Price analysis practical, factual and easy to compare with other Stocks in News.

Finolex Cables Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,424.15
Previous Close	Rs 1,394.7
Today's Move	Rs 29.45 (+2.11%)
Open	Rs 1,399.5
High	Rs 1,427.95
Low	Rs 1,392.95
Turnover	Rs 2.23 crore
Market Capitalisation	Rs 20,839.52 crore
Market Cap Category	Large Cap

Finolex Cables Ltd. (FINCABLES) rose to Rs 1,424.15 from the previous close of Rs 1,394.7, a move of Rs 29.45 or 2.11%. The stock opened at Rs 1,399.5, reached a high of Rs 1,427.95, recorded a low of Rs 1,392.95.

Finolex Cables Share Price rose Rs 29.45 during the day, or 2.11%, from Rs 1,394.70 to Rs 1,424.15. The opening price was Rs 1,399.50, the day’s low was Rs 1,392.95 and the high was Rs 1,427.95. Turnover was Rs 2.23 crore. These are the direct facts behind the day’s share price rise and the current Finolex Cables Share Price Today update.

The session therefore reflects a moderate upward move within a relatively narrow band between the day’s low and high. Finolex Cables Share Price News is best read through those numbers rather than through any unverified explanation. The data confirms the stock was among the names rising today, but it does not establish a catalyst, event trigger or market participant behaviour. For readers following Share Market Today or Top Gainers Today lists, this is a factual price-action update first and foremost.

Finolex Cables Ltd. (FINCABLES) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 20,839.52 crore
P/E Ratio	26.66x
P/B Ratio	3.39x
ROE	12.33%
ROCE	16.06%
EPS	Rs 52.32
Book Value Per Share	Rs 411.54
Dividend Yield	0.65%

Finolex Cables Ltd. (FINCABLES) fundamental metrics show P/E 26.66x, P/B 3.39x, 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 20839.52 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 26.66x, P/B at 3.39x 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 0.65%, 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 25.93x, median ROE of 13.21%, median ROCE of 18.91%. 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	26.66x
Benchmark Median P/E	25.93x
Benchmark Average P/E	35.26x
Benchmark P/E Range	1.23x to 174.39x
Company P/B Ratio	3.39x
Benchmark Median P/B	2.96x
Company ROE	12.33%
Benchmark Median ROE	13.21%
Company ROCE	16.06%
Benchmark Median ROCE	18.91%
Company Market Capitalisation	Rs 20,839.52 crore
Benchmark Median Market Cap	Rs 617.33 crore

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

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 26.66x, which is above the benchmark median of 25.93x, a difference of +2.82%. 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 18.91%, a difference of -15.07%.

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	1,22,512.26	43.27	9.75	25.03	34.93
KEI Industries Ltd.	KEI	43,125.43	43.64	6.27	14.77	20.23
Sterlite Technologies Ltd.	STLTECH	42,057.61	174.39	11.07	2.73	8.38
RR Kabel Ltd.	RRKABEL	27,121.57	44.49	9.73	20.83	28.43
Diamond Power Infrastructure Ltd.	DIACABS	23,611.85	114.34	23.6	0	11.8

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 26.66x compared with the displayed peer median of 44.49x. 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 20,839.52 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Why Investors Are Watching Finolex Cables

• Finolex Cables Share Price rose 2.11% to Rs 1,424.15 from Rs 1,394.70.
• The day’s high was Rs 1,427.95 and the low was Rs 1,392.95.
• Market capitalisation is Rs 20,839.52 crore.
• P/E is 26.66, P/B is 3.39, ROE is 12.33% and ROCE is 16.06%.
• The company’s figures can be compared with same-industry benchmarks and cable peers on Univest.

About Finolex Cables

Finolex Cables Ltd. operates in the Electricals sector and Cable industry. The company is part of a listed cable peer group that includes Polycab India Ltd., KEI Industries Ltd., Sterlite Technologies Ltd., RR Kabel Ltd., Diamond Power Infrastructure Ltd., Precision Wires India Ltd., V-Marc India Ltd., Universal Cables Ltd. and Laser Power & Infra Ltd. The supplied data identifies its market position through valuation, profitability and benchmark comparisons rather than through product detail.

What matters for Finolex Cables Share Price readers is that the company’s financial profile includes a P/E of 26.66, a P/B of 3.39, ROE of 12.33%, ROCE of 16.06%, EPS of Rs 52.32, book value of Rs 411.54 and dividend yield of 0.65%. These figures help investors understand the business through financial ratios, company financials and industry context. In Univest research, that makes Finolex Cables Stock Analysis more informative than a simple daily move summary.

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.

You can track Finolex Cables Share Price on Univest for live share price updates, stock news, valuation ratios, market cap, shareholding pattern, 52-week levels and market insights. Univest also helps readers compare Finolex Cables Share Price Today with sector peers, recent financial results and broader market updates in one place.

For users following Finolex Cables Share Price news, Univest keeps the focus on verifiable information, which supports faster reading of Share Price Update, Share News and Stock Gaining Today searches without adding unsupported conclusions.

Frequently Asked Questions

Why did Finolex Cables Share Price rise today?

Ans. The verified data confirms a 2.11% rise to Rs 1,424.15, but it does not establish a company-specific catalyst. The move is best read through price action, turnover of Rs 2.23 crore and the day’s trading range.

What is Finolex Cables Share Price today?

Ans. Finolex Cables Share Price today is Rs 1,424.15, up Rs 29.45 from the previous close of Rs 1,394.70. The stock also traded between Rs 1,392.95 and Rs 1,427.95 during the session.

What is the market capitalisation of Finolex Cables?

Ans. Finolex Cables has a market capitalisation of Rs 20,839.52 crore. That places the company well above the same-industry median market cap of Rs 617.33 crore in the supplied benchmark set.

How does Finolex Cables compare on valuation?

Ans. Finolex Cables trades at a P/E of 26.66 and a P/B of 3.39. Both are above the sector medians of 25.93 and 2.96, respectively, in the supplied cable-industry comparison. The company trades at a P/E ratio of 26.66x.

What do Finolex Cables EPS and book value show?

Ans. EPS of Rs 52.32 shows earnings attributable to each share, while book value of Rs 411.54 shows the accounting net worth per share. Together, they add context to Finolex Cables Share Price.

How does Finolex Cables compare with cable peers?

Ans. Compared with Polycab, KEI, RR Kabel, Sterlite Technologies and Diamond Power, Finolex Cables has a lower P/E than most peers and a market cap of Rs 20,839.52 crore, which is below several larger names.

What is Finolex Cables ROE and ROCE?

Ans. Finolex Cables reports ROE of 12.33% and ROCE of 16.06%. Both are below the supplied sector medians of 13.21% and 18.91%, which helps frame the stock’s financial context. ROE stands at 12.33%.

How can investors track Finolex Cables Share Price on Univest?

Ans. Univest tracks live share price, stock news, valuation ratios, shareholding pattern, 52-week levels and market insights. It is a useful way to monitor Finolex Cables Share Price alongside sector and peer comparisons.