Finolex Cables Ltd

  • BSE Code : 500144
  • NSE Symbol : FINCABLES
  • ISIN : INE235A01022
  • Industry :CABLES - POWER

up-arrow 1,054.35 -1.05(-0.10%)

Open Price ()

1,062.00

Prev. Close ()

1,055.40

Volume (No’s)

14,572

Market Cap ()

16,125.16

Low Price ()

1,044.90

High Price ()

1,065.00

 

Corporate Announcement

16-May-2024 Finolex Cables Limited - Board Meeting
14-May-2024 Finolex Cables Limited - Copy of Newspaper Publication
13-May-2024 Finolex Cables Limited - Shareholders meeting
26-Apr-2024 Finolex Cables Limited - Loss of Share Certificates
16-Apr-2024 Finolex Cables Limited - Updates

Stock Summary

Market Cap(₹Cr.)

16,104.51

P/E (TTM)

28.76

Book value ()

256.47

Div Yield (%)

0.66

EPS (TTM)

36.61

Face Value ()

2.00

Technical Analysis

Key Level

Resistance 1

1,068.95

Resistance 2

1,082.50

Support 1

1,043.35

Support 2

1,031.30

Moving Average

30 Days

1,018.16

50 Days

977.65

100 Days

1,009.47

200 Days

1,017.68

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
Finolex Cables Ltd 16,104.51 28.76 3.35 693.68 0.66 36.61
Polycab India Ltd 97,594.27 55.15 6.52 1947.14 0.46 117.78
KEI Industries Ltd 38,141.45 65.64 5.92 733.84 0.08 64.39
R R Kabel Ltd 20,066.51 70.86 0 357.49 0.21 25.1
Sterlite Technologies Ltd 6,262.87 0 3.12 656 0 0

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Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 21416500 14.00
Total Institutions 24243833 15.85
Total Govt Holding 430 0.00
Total Non Promoter Corporate Holding 1400038 0.92
Total Promoters 54841170 35.86
Total Public & others 51037374 33.37
Total 152939345 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

Finolex Cables Limited (FCL) was established in 1958 and has emerged as India's largest and leading manufacturer of electrical and telecommunication cables. The Company is principally engaged in the manufacturing of of Electricals Cables, Communication Cables & Other Electrical Appliances. Its manufacturing facilities are located at Panjim in Goa, Pune in Maharashtra and Roorkee in Uttarakhand. To support requirement of copper rods for both types of cables, it manufactures continuous cast copper rods (CCC rods), at its Rod Plant in Goa. The Company has added Electrical Switches, LED based Lamps, Fans, low voltage MCBs, Water Heaters and PVC Conduit Pipes to its range of products.

The Company got into the business segment of Fast-Moving Electrical Goods (FMEG) for all electrical products. The addition of a broad range of FMEG products to its well-established cables and wires portfolio bolstered its presence in the margin accretive B2C market. The Goa plant manufactures Continuous Cast Copper Rods (CCC rods) that form a key raw material input for producing copper-based electrical and communication cables.

During the year 1988-89, the company signed a technical collaboration with Norddeutsche Seekable Werke, Germany, for manufacturing hi-tech special submersible cables. Also,...

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