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Finolex Cables Gains 6%; BSE CAPITAL GOODS Index Up 0.1%
Fri, 8 May 10:9

Finolex Cables Gains 6%; BSE CAPITAL GOODS Index Up 0.1%Image source: DNY59/www.istockphoto.com

Finolex Cables share price has zoomed 6% and is presently trading at Rs 1,145.3.

Meanwhile, the BSE CAPITAL GOODS index is at 80,379.7 (up 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are Thermax (up 8.4%) and GRINDWELL NORTON (up 2.0%).

SCHAEFFLER INDIA (down 1.2%) and L&T (down 0.9%) are among the top losers today.

Over the last one year, Finolex Cables has moved up from Rs 898.0 to Rs 1,145.3, registering a gain of Rs 247.3 (up 27.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 62,117.1 to 80,379.7, registering a gain of 29.4% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 86.6%), Bharat Forge (up 86.2%) and Graphite India (up 61.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 77,411.6 (down 0.6%).

The top losers among the BSE Sensex today are Axis Bank (down 1.4%) and Ultratech Cement (down 1.4%). The most traded stocks in the BSE Sensex are Eternal Ltd and HDFC Bank.

In the meantime, NSE Nifty is at 24,194.3 (down 0.5%). Coal India and Ultratech Cement are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved down from 80,641.1 to 77,411.6, registering a loss of 3,229.5 points (down 4.0%).

Finolex Cables Financial Update...

Finolex Cables net profit grew 4.9% YoY to Rs 1,311 million for the quarter ended December 2025, compared to a profit of Rs 1,251 million a year ago. Net sales rose 35.2% to Rs 15,986 million during the period as against Rs 11,821 million in October-December 2024.

For the year ended March 2025, Finolex Cables reported 7.5% increase in net profit to Rs 7,008 million compared to net profit of Rs 6,517 million during FY24. Revenue of the company grew 6.1% to Rs 53,189 million during FY25.

The current Price to earnings ratio of Finolex Cables, based on rolling 12 month earnings, stands at 32.7.


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