Finolex Industries Ltd

  • BSE Code : 500940
  • NSE Symbol : FINPIPE
  • ISIN : INE183A01024
  • Industry :PLASTICS PRODUCTS

up-arrow 297.05 1.55(0.52%)

Open Price ()

295.00

Prev. Close ()

295.50

Volume (No’s)

108,844

Market Cap ()

18,335.09

Low Price ()

294.45

High Price ()

298.80

 

Corporate Announcement

17-May-2024 Finolex Industries Limited - Analysts/Institutional Investor Meet/Con. Call Updates
13-May-2024 Finolex Industries Limited - Analysts/Institutional Investor Meet/Con. Call Updates
10-May-2024 Finolex Industries Limited - Updates
03-May-2024 Finolex Industries Limited - Analysts/Institutional Investor Meet/Con. Call Updates
26-Apr-2024 Finolex Industries Limited - Disclosure under SEBI Takeover Regulations

Stock Summary

Market Cap(₹Cr.)

18,335.09

P/E (TTM)

40.26

Book value ()

89.26

Div Yield (%)

0.84

EPS (TTM)

7.34

Face Value ()

2.00

Technical Analysis

Key Level

Resistance 1

300.50

Resistance 2

305.50

Support 1

291.40

Support 2

287.30

Moving Average

30 Days

267.85

50 Days

251.89

100 Days

236.85

200 Days

225.04

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
Finolex Industries Ltd 18,335.09 40.26 2.19 413.92 0.84 7.34
Supreme Industries Ltd 71,110.91 69.98 8.3 1281.84 0.54 80
Astral Ltd 61,899.72 109.31 13.43 771.7 0.15 21.08
Safari Industries (India).. 10,146.26 65.67 11.57 192.19 0.19 31.68
Responsive Industries Ltd 7,814.30 308.53 4.84 81.5 0.03 0.95

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Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 42939501 6.92
Total Institutions 67943878 10.95
Total Govt Holding 50250 0.01
Total Non Promoter Corporate Holding 27090442 4.37
Total Promoters 325568485 52.47
Total Public & others 156884349 25.29
Total 620476905 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

Finolex Industries Ltd (formerly Finolex Pipes Ltd) was incorporated in 28 March 1981. The Company offer a wide range of PVC pipes and fittings suitable for applications in agriculture, plumbing and sanitation. With state-of-the-art manufacturing facilities in Maharashtra and Gujarat, it has a pipes and fittings production capacity of 4,00,000 metric tons per annum and a PVC resin manufacturing capacity of 2,72,000 MT per annum. It has a widespread presence throughout the country, with a network of over 21,000 retail outlets ably supported by more than 900 dealers and sub-dealers. Presently, the Company is engaged in business of manufacturing PVC Pipes & Fittings and PVC Resin.

The Company is India's largest and only backward integrated PVC Pipes and Fittings manufacturer. It entered into a technical collaboration with UHDE, Germany, for licensing and technical know-how of Hoechst's process for manufacturing PVC resin and providing basic engineering.

During the year 1999-2000, the company commissioned their new PVC extruded, rigid pipes plant at Ratnagiri in Maharashtra. Also, they commissioned an additional EDC cracker during the year. During the year 2001-02, they divested their two shares of Rs 10 each in Finolex Polymers Ltd. Consequently, Finolex Polymers Ltd ceased ...

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