
Finolex Cables Ltd. (FINCABLES): Finolex Cables Share Price rises 5.17% as stock gains today
Updated: 3 Sept 2026 • 10:34 am
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Finolex Cables Share Price is in focus today after the stock rose 5.17% to Rs 1,253.8, taking its market capitalisation to Rs 19,097.54 crore. The move comes alongside a day range of Rs 1,197.2 to Rs 1,254.25 and turnover of Rs 7.13 crore, which keeps Finolex Cables Share Price in the spotlight for investors tracking Finolex Cables Share Price Today and Finolex Cables Stock News. The latest Univest figures confirm the price event, but they do not establish a company-specific catalyst. Even so, the sharp share price gain is relevant because it places the cable maker near the upper end of its intraday range while valuation, sector context and peer positioning remain central to the stock analysis. For readers asking why Finolex Cables is rising today, the verified data supports the move, while investors may monitor whether the share price rise is sustained and how Finolex Cables Share Price reacts around current levels.
Finolex Cables Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,253.8 |
| Previous Close | Rs 1,192.15 |
| Today's Move | Rs 61.65 (+5.17%) |
| Open | Rs 1,199 |
| High | Rs 1,254.25 |
| Low | Rs 1,197.2 |
| Turnover | Rs 7.13 crore |
| Market Capitalisation | Rs 19,097.54 crore |
| Market Cap Category | Mid Cap |
Finolex Cables Ltd. (FINCABLES) rose to Rs 1,253.8 from the previous close of Rs 1,192.15, a move of Rs 61.65 or 5.17%. The stock opened at Rs 1,199, reached a high of Rs 1,254.25, recorded a low of Rs 1,197.2.
Finolex Cables Share Price today opened at Rs 1,199, moved between Rs 1,197.2 and Rs 1,254.25, and last traded at Rs 1,253.8. The stock added Rs 61.65 over the previous close of Rs 1,192.15, which marks a 5.17% rise and places it very close to the day high. That is the key price action takeaway for Finolex Cables Share Price Today, Finolex Cables Share News and Finolex Cables Share Price Live searches. The latest Univest data confirms an active upward move, but it does not establish a company-specific trigger. For market participants following Stocks in News or Top Gainers Today, the important point is that Finolex Cables Share Price is trading stronger than the previous session’s reference level while broader interpretation remains rooted in exact numbers rather than speculation.
Finolex Cables Ltd. (FINCABLES) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 19,097.54 crore |
| P/E Ratio | 22.79x |
| P/B Ratio | 2.9x |
| ROE | 13.42% |
| ROCE | 17.7% |
| EPS | Rs 52.32 |
| Book Value Per Share | Rs 411.54 |
| Dividend Yield | 0.75% |
Finolex Cables Ltd. (FINCABLES) fundamental metrics show P/E 22.79x, P/B 2.9x, ROE 13.42%, ROCE 17.7%. These figures provide context only and are not a buy or sell signal.
Finolex Cables Ltd. has a market capitalisation of Rs 19097.54 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 22.79x, P/B at 2.9x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 13.42% and ROCE of 17.7%, 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 0.75%, 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 28.16x, median ROE of 13.43%, 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 | 22.79x |
| Benchmark Median P/E | 28.16x |
| Benchmark Average P/E | 34.46x |
| Benchmark P/E Range | 1.26x to 150.97x |
| Company P/B Ratio | 2.9x |
| Benchmark Median P/B | 3.11x |
| Company ROE | 13.42% |
| Benchmark Median ROE | 13.43% |
| Company ROCE | 17.7% |
| Benchmark Median ROCE | 18.91% |
| Company Market Capitalisation | Rs 19,097.54 crore |
| Benchmark Median Market Cap | Rs 555.51 crore |
Finolex Cables Ltd. (FINCABLES) is classified under sector: Electricals and industry: Cable.
Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 22.79x, which is below the benchmark median of 28.16x, a difference of -19.07%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Finolex Cables Ltd. (FINCABLES) has a ROE of 13.42%, which is below the benchmark median of 13.43%, a difference of -0.07%. Finolex Cables Ltd. (FINCABLES) has a ROCE of 17.7%, which is below the benchmark median of 18.91%, a difference of -6.4%.
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 | 1,34,325.73 | 46.3 | 10.43 | 25.03 | 34.93 |
| KEI Industries Ltd. | KEI | 51,004.83 | 49.58 | 7.12 | 15.63 | 21.47 |
| Sterlite Technologies Ltd. | STLTECH | 35,680.86 | 150.97 | 9.59 | 2.73 | 8.38 |
| RR Kabel Ltd. | RRKABEL | 32,435.83 | 48.98 | 10.72 | 20.83 | 28.43 |
| Diamond Power Infrastructure Ltd. | DIACABS | 20,346.38 | 100.56 | 20.76 | 0 | 0 |
Finolex Cables Ltd. (FINCABLES) has a P/E ratio of 22.79x compared with the displayed peer median of 49.58x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 13.42% compares with a peer median of 15.63% across the companies shown in the table. ROCE stood at 17.7% versus the displayed peer median of 21.47%, providing a capital-efficiency comparison. Finolex Cables Ltd. (FINCABLES) has a market capitalisation of Rs 19,097.54 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Finolex Cables
- Finolex Cables Share Price is up 5.17% today, keeping Finolex Cables Stock Gaining Today searches active.
- The stock traded near the upper end of its intraday range, which keeps price action in focus for Stock Market Today tracking.
- Its P/E of 22.79 and P/B of 2.9 offer valuation context for investors comparing it with cable industry peers.
- ROE of 13.42% and ROCE of 17.7% give a clear fundamental read on capital efficiency.
- Market capitalisation of Rs 19,097.54 crore places Finolex Cables among the larger names in Electricals.
About Finolex Cables
Finolex Cables is part of the Electricals sector and the Cable industry, and it is known as a diversified wires and cables company in the Indian market. The business is relevant to infrastructure, housing and industrial demand because cable makers serve electrical connectivity needs across several end markets. For investors tracking Finolex Cables Share Price, the company’s listed scale, earnings profile and valuation make it an important name within the category. The latest Univest data shows a market capitalisation of Rs 19,097.54 crore, EPS of Rs 52.32 and book value of Rs 411.54, which together help frame the company overview and financial analysis. In practical terms, Finolex Cables Share Price tends to attract attention when the broader cable pack moves because the company sits in a sector where market cap, peer valuation and return ratios are watched closely by institutional and retail investors alike.
Frequently Asked Questions
Why is Finolex Cables Share Price rising today?
Ans. Finolex Cables Share Price rose 5.17% to Rs 1,253.8. The latest Univest figures confirm the move, but they do not establish a company-specific catalyst behind the intraday share price rise.
What is the current Finolex Cables Share Price?
Ans. Finolex Cables Share Price is Rs 1,253.8. It moved above the previous close of Rs 1,192.15 and stayed close to the day high, which keeps it in active stock news flow.
How much did Finolex Cables Share Price gain today?
Ans. Finolex Cables Share Price gained Rs 61.65 or 5.17% today. That makes it a notable share price rise in the Electricals sector and a visible stock gaining today.
What is Finolex Cables market capitalisation?
Ans. Finolex Cables has a market capitalisation of Rs 19,097.54 crore. Market cap shows company size, and this scale places the stock well above the median company in its cable industry benchmark.
Is Finolex Cables expensive compared with peers?
Ans. Finolex Cables trades at a P/E of 22.79 and P/B of 2.9, both below the cable industry median. That suggests a comparatively moderate valuation versus several richer-priced peers.
What do Finolex Cables ROE and ROCE show?
Ans. Finolex Cables reports ROE of 13.42% and ROCE of 17.7%. These return ratios are close to the industry median, which helps explain why investors track the stock’s financial analysis closely.
What does EPS and book value mean for Finolex Cables?
Ans. Finolex Cables has EPS of Rs 52.32 and book value of Rs 411.54. EPS reflects earnings attributable to each share, while book value shows the accounting net worth behind each share.
Should investors track Finolex Cables Share Price on Univest?
Ans. Yes. Univest tracks Finolex Cables Share Price Today, financial ratios, sector comparison, market cap and company news. That helps investors follow price action and fundamental context in one view.
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.
Track Finolex Cables Share Price on Univest for live price updates, company news, financial ratios, market cap, sector context and peer comparison. Users can also review Finolex Cables Share Price Today, Finolex Cables Stock News and Finolex Cables Stock Analysis in one place.
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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