FINOLEX CABLES Plunges by 13%; BSE CAPITAL GOODS Index Down 4.6%

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Markets will remain closed on 10th April, 2020 on account of Good Friday.

FINOLEX CABLES Plunges by 13%; BSE CAPITAL GOODS Index Down 4.6%
Thu, 19 Mar 12:47 PM

FINOLEX CABLES share price has plunged 13% and is presently trading at Rs 238.

Meanwhile, the BSE CAPITAL GOODS Index is at 11,925 (down 4.6%).

Among the top losers in the BSE CAPITAL GOODS Index today are FINOLEX CABLES (down 12.9%) and ELGI EQUIPMENTS (down 11.1%).

LAKSHMI MACHINE (up 2.7%) and HONEYWELL AUTOMATION are among the top gainers today.

Over the last one year, FINOLEX CABLES has moved down from Rs 491 to Rs 238, registering a loss of Rs 253 (down 51.5%)..

The BSE CAPITAL GOODS has moved down from 18,256 to 11,925, loss of 6,331 points (down 34.7%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 21.9%) and SIEMENS (up 7.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 28,622 (down 2.9%). The top gainers among the BSE Sensex stocks today are ITC (up 4.2%). The most traded stocks in the BSE Sensex are ITC and POWER GRID.

In the meantime, NSE Nifty is at 8,391 (down 3.2%). ITC (up 3.6%) and POWER GRID (up 3.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,095 to 28,622, registering a loss of 9,473 points (down 26.39%).

FINOLEX CABLES Financial Update...

FINOLEX CABLES net profit stood at Rs 806 million for the quarter ended December 2019, compared to a profit of Rs 759 million a year ago. Net Sales declined 6.3% to Rs 7.0 billion during the period as against Rs 7.5 billion in October-December 2018.

For the year ended March 2018, FINOLEX CABLES reported 14.0% decrease in net profit to Rs 2.6 billion compared to net profit of Rs 3.0 billion during FY17.

Revenue of the company grew 8.0% to Rs 29 billion during FY18.

The current Price to earnings ratio of FINOLEX CABLES, based on rolling 12 month earnings, stands at 8.5x.

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Stock Market Updates

Sensex Surges 1,266 Points; Nifty Ends Above 9,100 Mark (Today's Market)

Apr 9, 2020 Closing

Indian share markets witnessed buying interest throughout the day and ended on a strong note.

VOLTAS Surges by 6%; BSE CAPITAL GOODS Index Up 1.6% (Today's Market)

Apr 9, 2020 03:33 PM

VOLTAS share price has surged by 6% and its current market price is Rs 515. The BSE CAPITAL GOODS is up by 1.6%. The top gainers in the BSE CAPITAL GOODS Index are VOLTAS (up 6.0%) and HEG (up 10.0%). The top losers are THERMAX (down 0.6%) and KALPATARU POWER (down 0.6%).

MARUTI SUZUKI Surges by 13%; BSE AUTO Index Up 10.2% (Today's Market)

Apr 9, 2020 03:33 PM

MARUTI SUZUKI share price has surged by 13% and its current market price is Rs 5,399. The BSE AUTO is up by 10.2%. The top gainers in the BSE AUTO Index are MARUTI SUZUKI (up 12.9%) and MRF LTD. (up 5.2%).

LUPIN Surges by 13%; BSE HEALTHCARE Index Up 3.4% (Today's Market)

Apr 9, 2020 03:33 PM

LUPIN share price has surged by 13% and its current market price is Rs 798. The BSE HEALTHCARE is up by 3.4%. The top gainers in the BSE HEALTHCARE Index are LUPIN (up 12.7%) and DIVIS LABORATORIES (up 6.2%). The top losers are J.B.CHEMICALS (down 0.2%) and PROCTER & GAMBLE HEALTH (down 1.2%).

TATA ELXSI Surges by 11%; BSE IT Index Up 1.6% (Today's Market)

Apr 9, 2020 03:29 PM

TATA ELXSI share price has surged by 11% and its current market price is Rs 712. The BSE IT is up by 1.6%. The top gainers in the BSE IT Index are TATA ELXSI (up 11.1%) and FIRSTSOURCE SOL. (up 12.2%). The top losers is TECH MAHINDRA (down 2.4%).

TITAN Surges by 12%; BSE 500 Index Up 3.8% (Today's Market)

Apr 9, 2020 03:29 PM

TITAN share price has surged by 12% and its current market price is Rs 1,040. The BSE 500 is up by 3.8%. The top gainers in the BSE 500 Index are TITAN (up 12.5%) and MARUTI SUZUKI (up 14.1%). The top losers are BLUE DART EXPRESS and UPL .

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