Finolex Cables Ltd. (FINCABLES): Finolex Cables Share Price rises 5.66% as stock trades at Rs 1,296.40

Finolex Cables Share Price is trading at Rs 1,296.40 after a 5.66% rise today, with the company’s market capitalisation at Rs 18,654.78 crore. The move has put Finolex Cables Ltd. back into focus in Stocks in News and Top Gainers Today conversations, even though the latest Univest data confirms the price event but does not establish a company-specific catalyst. The share price rise is notable because the stock opened at Rs 1,244.60, moved between Rs 1,231.05 and Rs 1,302.00, and stayed firmly above the previous close of Rs 1,226.90.

The latest Univest figures also show turnover of Rs 4.86 crore, which signals active market interest without adding any reason for the move. For investors following Finolex Cables Share Price Today, the key question is whether the day’s gains are being supported by valuation, sector positioning and company financials rather than a one-off headline. Univest views this as a stock analysis event that deserves attention for its price action, fundamentals and cable-industry context.

Finolex Cables Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,296.4
Previous Close	Rs 1,226.9
Today's Move	Rs 69.5 (+5.66%)
Open	Rs 1,244.6
High	Rs 1,302
Low	Rs 1,231.05
Turnover	Rs 4.86 crore
Market Capitalisation	Rs 18,654.78 crore
Market Cap Category	Mid Cap

Finolex Cables Ltd. (FINCABLES) rose to Rs 1,296.4 from the previous close of Rs 1,226.9, a move of Rs 69.5 or 5.66%. The stock opened at Rs 1,244.6, reached a high of Rs 1,302, recorded a low of Rs 1,231.05.

Finolex Cables Share Price Today reflects a straightforward intraday price rise rather than a stated event trigger. The stock moved up Rs 69.50 from the previous close of Rs 1,226.90 to Rs 1,296.40, which is a 5.66% gain. During the day, Finolex Cables Ltd. traded between Rs 1,231.05 and Rs 1,302.00, while the opening price was Rs 1,244.60. That places the current price close to the upper end of the day’s range and keeps the stock in the frame for readers tracking Finolex Cables Share Price Live, Finolex Cables Share Price Update and Finolex Cables Stock News. The latest Univest data confirms the share price rise, but it does not identify a company-specific catalyst.

Finolex Cables Ltd. (FINCABLES) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 18,654.78 crore
P/E Ratio	23.45x
P/B Ratio	2.98x
ROE	12.33%
ROCE	16.06%
EPS	Rs 52.32
Book Value Per Share	Rs 411.54
Dividend Yield	0.73%

Finolex Cables Ltd. (FINCABLES) fundamental metrics show P/E 23.45x, P/B 2.98x, 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 18654.78 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 23.45x, P/B at 2.98x 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 0.73%, 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 25.13x, 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	23.45x
Benchmark Median P/E	25.13x
Benchmark Average P/E	34.45x
Benchmark P/E Range	1.08x to 166.58x
Company P/B Ratio	2.98x
Benchmark Median P/B	3.12x
Company ROE	12.33%
Benchmark Median ROE	13.21%
Company ROCE	16.06%
Benchmark Median ROCE	18.86%
Company Market Capitalisation	Rs 18,654.78 crore
Benchmark Median Market Cap	Rs 592.74 crore

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

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 23.45x, which is below the benchmark median of 25.13x, a difference of -6.69%. 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	1,25,074.02	43.43	9.79	25.03	34.93
KEI Industries Ltd.	KEI	46,366.29	45.03	6.47	14.77	20.23
Sterlite Technologies Ltd.	STLTECH	38,551.05	166.58	10.58	2.73	8.38
RR Kabel Ltd.	RRKABEL	27,723.29	44.45	9.73	20.83	28.43
Diamond Power Infrastructure Ltd.	DIACABS	20,014.45	101.55	20.96	0	0

Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 23.45x compared with the displayed peer median of 45.03x. 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 18,654.78 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Why Investors Are Watching Finolex Cables

• Finolex Cables Share Price has risen 5.66% today, keeping the stock in focus among Market Movers.
• The current price of Rs 1,296.40 is above the previous close of Rs 1,226.90, showing firm intraday Price Action.
• The company’s P/E of 23.45 and P/B of 2.98 sit near or below the cable-industry benchmark, which supports valuation tracking.
• ROE of 12.33 and ROCE of 16.06 place Finolex Cables in a mid-range fundamental position versus peers.
• Large-cap scale at Rs 18,654.78 crore Market Cap keeps the stock relevant in Stocks in News and Market News coverage.

About Finolex Cables Ltd.

Finolex Cables Ltd. operates in the Cable industry within the Electricals sector. The company is known for manufacturing cable and wire-related products and serves a market where scale, product reach and execution matter. In the context of Finolex Cables Share Price, the company’s business profile matters because it sits in a competitive category alongside large listed peers such as Polycab India, KEI Industries and RR Kabel. Its latest market capitalisation of Rs 18,654.78 crore shows that investors still value it as a meaningful participant in the segment.

From a financial-analysis perspective, the company’s EPS of Rs 52.32 and book value of Rs 411.54 per share provide a useful base for understanding per-share economics, while the dividend yield of 0.73% adds a modest income signal. The stock’s market positioning is therefore shaped not only by daily price moves but also by its established presence in the cable ecosystem. For readers searching Finolex Cables News Today or Finolex Cables Latest News, the key takeaway is that the company remains a well-known cable name in the Indian Stock Market.

Frequently Asked Questions

Why is Finolex Cables Share Price rising today?

Ans. Finolex Cables Share Price is rising because the stock is trading 5.66% higher at Rs 1,296.40. The latest Univest data confirms the price event but does not establish a company-specific catalyst.

What is the current Finolex Cables Share Price?

Ans. Finolex Cables Share Price is Rs 1,296.40 as of 08 September 2026 at 12:33:32 PM IST. It is up Rs 69.50 from the previous close of Rs 1,226.90.

How much did Finolex Cables share price gain today?

Ans. Finolex Cables Share Price gained 5.66% today, which equals Rs 69.50. The stock opened at Rs 1,244.60 and touched a high of Rs 1,302.00 during the trading session.

What is Finolex Cables market capitalisation?

Ans. Finolex Cables has a market capitalisation of Rs 18,654.78 crore. That places it well above the cable-industry median and average, showing meaningful scale within the Electricals sector. The company operates in the Electricals sector.

Is Finolex Cables expensive compared with cable peers?

Ans. Finolex Cables Share Price trades on a P/E of 23.45 and P/B of 2.98, both near or below the industry benchmark. That makes the stock look less expensive than several large cable peers.

What do Finolex Cables EPS and book value mean?

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

How does Finolex Cables compare with Polycab and KEI?

Ans. Finolex Cables Share Price compares against Polycab and KEI with a lower valuation multiple. Polycab and KEI trade at much higher P/E ratios, while Finolex has a smaller market cap.

What should investors track next in Finolex Cables Share Price?

Ans. Investors tracking Finolex Cables Share Price should watch whether the stock holds above the previous close while market interest remains steady. Valuation, sector comparison and company financials are the main context points on Univest.

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.

Investors tracking Finolex Cables Share Price on Univest can follow live share price updates, price action, fundamental ratios, valuation context and sector comparisons in one place. Univest also helps readers review market cap, EPS, book value, dividend yield and cable-industry benchmarks so they can monitor Finolex Cables Share Price Today with clearer context.