# FINCABLES (FINCABLES) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/fincables

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,410
- Change: +1.02%
- As of: 2026-09-18
- 1D return: +1.10%
- 5D return: -0.51%
- 1M return: +9.29%
- Latest complete quarter: fy26_q4

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of the close on September 18, 2026, FINCABLES is exhibiting a bullish technical stance across daily, weekly, and monthly timeframes. All observed moving averages and the Supertrend indicator are positioned below the current price on all three timeframes, indicating consistent upward momentum. The stock is currently trading near its recent highs, with the nearest resistance level at ₹1430.3, approximately 1.35% above the current price. The nearest support is identified at ₹1394.0, about 1.22% below the current price. Recent market activity includes two positive attention events and two positive attention events within the last 30 days, alongside one downside event. The stock has shown a 1-year return of 67% and a year-to-date return of 79%. Current volatility is noted at 42% annualized, with a maximum drawdown of -40% observed historically.

- Bullish alignment observed across daily, weekly, and monthly timeframes.
- Nearest resistance level identified at ₹1430.3.
- Nearest support level identified at ₹1394.0.
- Watch for a sustained move above ₹1430.3 to confirm upward momentum.
- Watch for a break below ₹1394.0 to signal potential short-term weakness.

- Doji
- Inside Bar
- Harami
- Evening Star
- Bullish Engulfing Reversal

### News Context

Finolex Cables experienced a notable share price increase of nearly 16% in the week preceding September 14, 2026. InCred Equities maintained an 'Add' rating on the stock, setting a target price of ₹1,435 for 2026, citing potential for 'unlocking growth'.

- InCred Equities maintained an 'Add' rating for Finolex Cables with a 2026 target price of ₹1,435 as of September 14, 2026.
- Finolex Cables shares saw a nearly 16% rise in the week ending September 14, 2026.

- Finolex Cables share price target 2026: Buy - 'Unlocking growth' | Check rationale behind rating

### What Changed

Finolex Cables (FINCABLES) has experienced a modest price increase since its last recorded observation. On September 18, 2026, the stock closed at ₹1411.2, up from ₹1395.8 on the previous day. No new filings or news developments were reported as of the observation date. The company's profile on the NSE remains unchanged.

- On 2026-09-18, Finolex Cables closed at ₹1411.2.
- This represents an increase from the previous day's closing price of ₹1395.8.
- No new filings or news were reported for Finolex Cables as of 2026-09-18.
- The company continues to be listed on the NSE.

### Official Filings

Finolex Cables Limited is preparing for its 58th Annual General Meeting (AGM) on September 28, 2026. At this meeting, shareholders will vote on adopting the audited financial statements for the fiscal year ending March 31, 2026, and consider a dividend recommendation of ₹9 per equity share. The agenda also includes the re-appointment of several directors, including Mr. Nikhil Naik as Non-Executive Director, Mrs. Vanessa Singh and Mr. Sriraman Raghuraman as Independent Directors for new terms, and Mr. Ratnakar Barve as Whole-time Director for a five-year term. Additionally, shareholders will ratify the remuneration for the company's cost auditors for the fiscal year ending March 31, 2027. The company also recently reported its Q1 FY2026-27 results, showing a significant increase in standalone profit after tax to ₹221.28 crore from ₹138.82 crore in the prior year's quarter. Consolidated profit after tax was ₹249.04 crore. Management highlighted an accelerated expansion of fiber draw tower capacity to 8 million kilometers by September 2026 and the commencement of preform production. The communication cables segment saw revenue surge, driven by exports, though management noted that margins may normalize as lower-cost raw material inventory is used up. The company also scheduled an investor and analyst meeting, including a plant visit to its Urse facility in Pune.

- The 58th Annual General Meeting is scheduled for September 28, 2026, to approve FY26 financial statements and a dividend of ₹9 per equity share.
- Key director re-appointments, including Independent Directors Mrs. Vanessa Singh and Mr. Sriraman Raghuraman, and Whole-time Director Mr. Ratnakar Barve, are on the AGM agenda.
- For Q1 FY2026-27, standalone profit after tax increased to ₹221.28 crore, up from ₹138.82 crore in the prior year quarter.
- The company is accelerating fiber draw tower capacity expansion to 8 million kilometers by September 2026.
- An investor and analyst meeting, including a plant visit, was scheduled for September 9, 2026.

- FINOLEX CABLES LIMITED has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 28-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Finolex Cables Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026 |SUBJECT: Shareholders meeting
- FINOLEX CABLES LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Finolex Cables Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- AS ON DATE : 05-SEP-26
- Finolex Cables Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- Finolex Cables Limited has informed the Exchange regarding 'Machine Readable Form copy of Financial Results for June 26'. |SUBJECT: Updates
- Finolex Cables Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- FINOLEX CABLES LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL

### Fundamentals

Finolex Cables reported a mixed operational performance in the latest disclosed periods. Revenue from operations for Q4 FY2025-26 reached ₹1,951.08 crore, a sequential increase from ₹1,598.62 crore in Q3 FY2025-26. However, Operating Profit Margin (OPM) saw a decline to 10.0% in Q4 FY2025-26 from 11.0% in Q3 FY2025-26, and further from 12.0% in Q4 FY2024-25. This margin compression impacted Net Profit, which was ₹224.0 crore for Q4 FY2025-26, a decrease from ₹261.0 crore in Q4 FY2024-25, despite higher revenue in the latest quarter. The company's balance sheet shows a steady increase in Borrowings, rising from ₹14 crore in March 2023 to ₹18 crore in March 2024, with projections indicating ₹20 crore by March 2025. Concurrently, Construction Work In Progress (CWIP) has significantly increased from ₹21 crore in March 2023 to ₹168 crore in March 2024, and is projected to reach ₹210 crore by March 2025, suggesting ongoing capital expenditure. Investments have also grown substantially, from ₹2,610 crore in March 2023 to ₹3,584 crore in March 2024, and projected at ₹3,986 crore by March 2025. The company's Cash Flow from Operations (CFO) has shown volatility, decreasing from ₹577 crore in FY2024 to a projected ₹207 crore in FY2025 and ₹49 crore in FY2026. Free Cash Flow turned negative in projections, from ₹577 crore in FY2024 to a projected negative ₹29 crore in FY2025 and negative ₹105 crore in FY2026. Key monitoring areas include the trend in operating margins and the conversion of operating cash flow into free cash flow, especially in light of increasing investments and capital expenditure.

- Revenue from operations for Q4 FY2025-26 was ₹1,951.08 crore, up from ₹1,598.62 crore in Q3 FY2025-26.
- Operating Profit Margin (OPM) was 10.0% in Q4 FY2025-26, down from 11.0% in Q3 FY2025-26 and 12.0% in Q4 FY2024-25.
- Net Profit for Q4 FY2025-26 was ₹224.0 crore, a decrease from ₹261.0 crore in Q4 FY2024-25.
- Borrowings increased from ₹14 crore in March 2023 to ₹18 crore in March 2024, with projections of ₹20 crore by March 2025.
- Construction Work In Progress (CWIP) rose from ₹21 crore in March 2023 to ₹168 crore in March 2024, projected at ₹210 crore by March 2025.
- Free Cash Flow is projected to turn negative, from ₹577 crore in FY2024 to a projected negative ₹29 crore in FY2025 and negative ₹105 crore in FY2026.

### Bull Case

Finolex Cables has demonstrated significant growth in its operating performance, evidenced by a substantial increase in cash flow from operations. The company's financial health also shows improvement, with a notable rise in reserves. Technically, multiple indicators across daily, weekly, and monthly timeframes suggest a bullish trend, supported by moving averages and the Supertrend indicator.

- Cash flow from operations increased to ₹309.0 in March 2020 from ₹154.0 in March 2019.
- Free Cash Flow rose to ₹277.0 in March 2020 from ₹110.0 in March 2019.
- Reserves grew to ₹2973 in March 2020 from ₹2706 in March 2019.
- The Supertrend indicator is 'bullish' on daily, weekly, and monthly timeframes as of September 18, 2026.

- Finolex Cables share price target 2026: Buy - 'Unlocking growth' | Check rationale behind rating

### Bear Case

Finolex Cables has experienced an increase in its borrowings, rising from ₹1 crore in March 2019 to ₹8 crore in March 2020. Concurrently, the company's investments have decreased significantly, falling from ₹1,121 crore in March 2019 to ₹1872 crore in March 2020, while other assets have more than doubled from ₹973 crore to ₹1872 crore over the same period. The company's fixed assets have also seen a reduction, from ₹404 crore in March 2019 to ₹387 crore in March 2020. While the company has shown growth in sales and profits over the last five years and on a trailing twelve-month basis, the increase in borrowings and the shift in asset composition warrant monitoring.

- Borrowings increased from ₹1 crore (March 2019) to ₹8 crore (March 2020).
- Investments decreased from ₹1,121 crore (March 2019) to ₹1872 crore (March 2020).
- Other assets increased from ₹973 crore (March 2019) to ₹1872 crore (March 2020).
- Fixed Assets decreased from ₹404 crore (March 2019) to ₹387 crore (March 2020).

- Finolex Cables share price target 2026: Buy - 'Unlocking growth' | Check rationale behind rating

### FAQs

**What has been the trend in Finolex Cables' borrowings and how does it compare to its equity capital?**

Finolex Cables' borrowings increased to ₹8 crore in March 2020 from ₹1 crore in March 2019. Over the same period, its equity capital remained stable at ₹31 crore. The company's reserves also increased from ₹2,706 crore in March 2019 to ₹2,973 crore in March 2020.

**How has Finolex Cables' cash flow from operations and investing activities changed between the fiscal years ending March 2019 and March 2020?**

Cash flow from operating activities for Finolex Cables significantly increased to ₹309 crore for the year ending March 2020, up from ₹154 crore in March 2019. Cash flow from investing activities also saw a substantial positive shift, moving from -₹110 crore in March 2019 to ₹587 crore in March 2020. Consequently, free cash flow rose to ₹277 crore in March 2020 from ₹110 crore in March 2019.

**What are the recent growth rates for Finolex Cables' sales and profits?**

Finolex Cables has demonstrated growth in both sales and profits. Over the last five years, sales have compounded at 18%, and profits at 9%. On a trailing twelve months (TTM) basis, sales growth is reported at 27%, and profit growth at 29%.

**What is the company's recent revenue performance by segment, as reported for the fiscal year ending March 2026?**

For the fiscal year ending March 2026, Finolex Cables reported that its electrical cables segment revenue increased by 22.0% to ₹5,490.2 crore. The communication cables segment revenue was broadly flat at ₹500.3 crore, while copper rods revenue increased to ₹68.9 crore. Total gross revenue reached ₹6,559.0 crore.

**What are the key upcoming events for Finolex Cables as per recent filings?**

Finolex Cables has scheduled its 58th Annual General Meeting for September 28, 2026. The company also has an in-person institutional investor and analyst meeting planned for September 9, 2026, which includes a plant visit to its Urse facility in Pune.

- Finolex Cables share price target 2026: Buy - 'Unlocking growth' | Check rationale behind rating
- FINOLEX CABLES LIMITED has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 28-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Finolex Cables Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026 |SUBJECT: Shareholders meeting
- FINOLEX CABLES LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Finolex Cables Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- AS ON DATE : 05-SEP-26
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,394
- Risk regime: Higher Price Risk

### Support levels
- 1244.7
- 1103.9
- 994.2125

### Resistance levels
- 1498
- 1430.3
- 1464.8

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.10% |
| return_10 | +10.86% |
| return_1m | +6.16% |
| return_1y | +67.15% |
| return_20 | +9.29% |
| return_3m | +21.80% |
| return_5 | -0.51% |
| return_6m | +60.92% |
| return_since_start | +20.82% |
| return_ytd | +79.46% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -39.61% |
| annualized_volatility | +41.64% |

## Quarterly financials

- Latest complete quarter: fy26_q4

# Profit Divergence Widens as Non-Segment Income Boosts Consolidated Earnings

Finolex Cables’ consolidated profit before tax rose to ₹303.38 crore in the March 2026 quarter, up 16% from the prior year. However, segment profit—reflecting the core cable and electrical‑product businesses—fell 7.8% to ₹196.02 crore. The ₹107.36 crore gap between the two measures, up from ₹48.78 crore a year earlier, came entirely from earnings outside the reportable segments. Revenue grew 22.4% year‑on‑year, reaching ₹1,951.08 crore, but higher costs, particularly a sharp rise in other expenses, compressed operating margins.

## Consolidated and Segment Profit: A Widening Gap

Profit before tax at the consolidated level was ₹303.38 crore in the March 2026 quarter, compared with ₹196.02 crore from the operating segments combined. That ₹107.36 crore gap is not a routine occurrence: in the same quarter last year the gap was ₹48.78 crore, and in the September 2025 quarter it was ₹38.11 crore. In the first quarter (April–June 2025) and third quarter (October–December 2025) of the current fiscal year, consolidated and segment profit were identical.

Year‑on‑year, segment profit before tax declined 7.8%, from ₹212.68 crore to ₹196.02 crore, while consolidated profit before tax rose 16.0%, from ₹261.46 crore. This means that without the non‑segment earnings, reported profit would have fallen.

## Revenue Growth Outpaces Segment Profit

Revenue from operations reached ₹1,951.08 crore, a 22.4% increase from ₹1,594.58 crore in the prior‑year quarter, and up 22.0% sequentially from ₹1,598.62 crore in the December 2025 quarter. This marks the highest quarterly revenue of the fiscal year, compared with a range of ₹1,375–1,595 crore in earlier quarters.

Despite the revenue increase, the segment profit margin (segment profit before tax as a percentage of revenue) narrowed from 13.3% to 10.0%. The consolidated profit margin also declined, from 16.4% to 15.6%, cushioned by the non‑segment earnings. Total segment costs, calculated as revenue less segment profit, increased 27% to ₹1,755.06 crore, outpacing the 22.4% revenue growth and driving the margin compression.

## Other Expenses Rise

Other expenses totalled ₹114.67 crore, up 47.3% from ₹77.83 crore in the preceding quarter (December 2025) and up 18.1% from ₹97.12 crore a year earlier. Sequentially, other expenses rose ₹36.84 crore, while segment profit before tax improved by just ₹12.52 crore, meaning a large part of the incremental revenue in the quarter was absorbed by other costs.

## Cost of Materials Remains High

Cost of materials consumed in the quarter was ₹1,695.44 crore, equating to 86.9% of revenue. This high ratio, typical for cable manufacturing where raw materials such as copper and aluminium are dominant inputs, means that even modest changes in material prices or product mix can have a significant impact on profitability.

## Capital Structure: Minimal Leverage

Finance costs were just ₹44 lakh, down from ₹50 lakh a year ago. This negligible expense indicates that the company carries very little debt, with interest outflows having no material effect on earnings.

## Key Takeaway

The quarter’s consolidated profit growth was entirely driven by earnings outside the core cable and electrical‑product segments. Segment profit fell compared to last year, despite a 22% increase in revenue, as rising costs compressed margins. The non‑segment income—which more than doubled from the prior year—converted what would have been a profit decline into an increase at the consolidated level, highlighting the importance of distinguishing between headline earnings and the underlying performance of the operating businesses.

### Ratios

## Official filings

- 2026-09-05 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_1237_WebXMLFile_20260905_170532431.xml)
- 2026-09-05 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_05092026170404_Intimation_of_AGM_Notice_Signed.pdf)
- 2026-09-04 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1237_WebXMLFile_20260904_165324397.xml)
- 2026-09-04 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_04092026172150_Intimation_Signed.pdf)
- 2026-09-04 — Annual Report: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31561_FINCABLES_2025_2026_A_3990164_05092026172622.pdf)
- 2026-09-04 — Annual Report: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31566_FINCABLES_2025_2026_U_3990164_05092026173429.pdf)
- 2026-08-27 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FINCABLES_27082026162231_SE_ltr_TDS_on_Dividend_Signed.pdf)
- 2026-08-21 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_21082026155218_BM_Quick_Results_final_RS_signed.pdf)
- 2026-08-18 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_18082026151613_Transcript_Intimation_signed.pdf)
- 2026-08-18 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1237_WebXMLFile_20260818_155513166.xml)
- 2026-08-13 — Earnings Presentation: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_13082026145631_Intimation_Submission_of_Presentation_signed.pdf)
- 2026-08-13 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1237_WebXMLFile_20260813_195015817.xml)
- 2026-08-13 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_13082026195618_AudioVideoRecordingLink_signed.pdf)
- 2026-08-11 — Litigation Disclosure: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_11082026173611_BM_Intimation_CS_signed.pdf)
- 2026-08-11 — Litigation Disclosure: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_11082026172616_BM_Intimation_signed.pdf)
- 2026-08-11 — Litigation Disclosure: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FINCABLES_11082026142157_BM_Quick_Results_final_signed.pdf)
- 2026-08-11 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1237_WebXMLFile_20260811_175344282.xml)
- 2026-08-11 — Litigation Disclosure: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1237_WebXMLFile_20260811_175702407.xml)
- 2026-08-07 — Generic Announcement: Finolex Cables Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_07082026170702_Intimation_signed.pdf)
- 2026-08-04 — Official Filing: The Board of Directors of Finolex Cables Limited will meet on August 11, 2026, to consider unaudited financial results for the quarter ended June 2026. The trading window for the company's securities will be closed from July 1, 2026, to August 13, 2026.
- 2026-07-10 — Generic Announcement: Finolex Cables Limited has submitted a compliance certificate for the quarter ended June 30, 2026, as required by Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, received from Registrar and Transfer Agent KFin Technologies Ltd, confirms that details of securities dematerialized/rematerialized have been furnished to the stock exchanges where the company's shares are listed. This information has also been uploaded to the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_10072026122541_Compliance_Certificate_under_Regulations_74_5__2026-27_Q1_signed.pdf)
- 2026-06-26 — Generic Announcement: Finolex Cables Limited will close its trading window from July 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter ended June 30, 2026. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_26062026151825_Trading_Window_Closure_June_2026_signed.pdf)
- 2026-06-13 — Generic Announcement: Finolex Cables Limited received an order dated June 9, 2026, from the Additional Commissioner, Grade-II Appeal, Lucknow, Uttar Pradesh, concerning a tax demand of Rs. 1,29,698. The demand, comprising tax, interest, and penalty, arose from alleged duplicate E-way bills generated due to technical glitches, which were not cancelled within the stipulated time. The company has the option to file an appeal. — [Official attachment](https://nsearchives.nseindia.com/corporate/FINCABLES_13062026115235_GST13062026_signed.pdf)
- 2026-06-12 — Management Change: Finolex Cables Limited has relieved Mr. Siddhesh Mandke from his duties as Company Secretary and Compliance Officer on June 11, 2026, at 5:15 pm. This follows the company's acceptance of his resignation on May 21, 2026, due to personal reasons. — [Official attachment](https://nsearchives.nseindia.com/corporate/FINCABLES_12062026144115_Cessation_signed.pdf)
- 2026-06-03 — Generic Announcement: Finolex Cables Limited held an Analyst/Investor Meet on May 29, 2026, to discuss financial results for the quarter and fiscal year ended March 31, 2026. The company reported a 22% year-on-year revenue increase for Q4 FY26 and a 19% increase for the full year. EBITDA saw a 7% year-on-year improvement in Q4 and a 14% increase for the full year, while PAT was up 6% year-on-year in Q4 and 14% for the full year. The electrical sector revenue grew 22% year-on-year, with specific product lines like auto batteries, industrial flexibles, and power cables showing high-double digit volume growth. The communications segment saw revenue flat for the year but up 30% in Q4, with challenges in raw material availability impacting fiber prices and supply. The company spent INR 240 crores in the previous year on capex, including JV infusion, and plans to spend INR 200 crores in FY27 on capacity expansion, plus an additional INR 100 crores for optic fiber preform-related capex. The extra high-voltage JV with Sumitomo turned profitable, generating INR 21 crores profit on INR 450 crores revenue. — [Official attachment](https://nsearchives.nseindia.com/corporate/CSChandan_03062026111514_Transcript_Intimation_signed.pdf)

## News and market events

- 2026-09-14 — Mint: **Finolex Cables share price target 2026: Buy - 'Unlocking growth' | Check rationale behind rating** — Finolex Cables shares rose nearly 16% last week. InCred Equities maintains an 'Add' rating with a target price of  ₹1,435.  — [Source](https://www.livemint.com/market/finolex-cables-share-price-target-2026-buy-unlocking-growth-check-rationale-behind-rating-11789382900920.html)
- 2026-09-11 — Times of India: **Top stocks to buy today: Stock market recommendations for September 11, 2026 - check list** — img border="0" hspace="10" align="left" style="margin-top:3px;margin-right:5px;" src="https://timesofindia.indiatimes.com/photo/134046785.cms" /Stock market recommendations: Finolex Cables, Adani Ports, and Emmvee Photovoltaic Power are the top stocks to buy today on September 11, 2026, identified and recommended by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-september-11-2026-finolex-cables-adani-ports-emmvee-photovoltaic-power-stocks-to-buy-today/articleshow/134046785.cms)
- 2026-09-10 — Mint: **Raja Venkatraman recommends three stocks for 10 September** — Market expert Raja Venkatraman shares his top stock picks for 10 September. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-10-september-11788970744147.html)
- 2026-09-09 — CNBC-TV18: **Finolex Cables shares hit 52-week high, Jefferies sees further upside on growth prospects** — Out of the seven analysts who have coverage on Finolex Cables, six have a "buy" rating and one has a "sell" rating. — [Source](https://www.cnbctv18.com/market/finolex-cables-share-price-52-week-high-jefferies-sees-more-upside-wires-cables-valuations-vs-peers-target-19987347.htm)
- 2026-09-09 — Mint: **Stock market today: Trade guide for Sensex, Nifty 50, crude oil to gold | Seven stocks to buy** — Stock market today: The Indian stock market is set to open lower amid mixed global signals, with the Nifty 50 closing below 23,700. Analysts indicate weak momentum, identifying support levels around 23,600 and resistance near 23,800. Meanwhile, oil prices rise due to tensions in the Gulf region. — [Source](https://www.livemint.com/market/stock-market-news/stock-market-today-trade-guide-for-sensex-nifty-50-crude-oil-to-gold-seven-stocks-to-buy-11788914980613.html)
- 2026-09-07 — BUSINESSTODAY: **UltraTech Cement’s cables & wires entry: Will peer stocks face near-term pressure?** — UltraTech Cement share price today, UltraTech Cement shares, UltraTech Cement share price, UltraTech Cement news — [Source](https://www.businesstoday.in/markets/stocks/story/ultratech-cements-cables-wires-entry-will-peer-stocks-face-near-term-pressure-553611-2026-09-07)
- 2026-09-07 — Economic Times: **Wires on fire: Why UltraTech’s Rs 1,800 crore Ultravolt bet wiped out Rs 21,500 crore in 2 days** — UltraTechs entry into wires and cables triggered a sharp selloff in listed peers as investors assess the impact of intensified competition on market share, pricing and margins. While house wires and light-duty cables face the most immediate pressure, higher-voltage segments remain relatively insulated. Analysts remain positive on long-term industry growth, but caution that elevated valuations leave incumbents vulnerable. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/wires-on-fire-why-ultratechs-rs-1800-crore-ultravolt-bet-wiped-out-rs-21500-crore-in-2-days/articleshow/133865793.cms)
- 2026-09-06 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Monday** — Indian benchmark indices ended slightly higher on Friday, with the Sensex rising 363 points and Nifty closing below 23,898. Investors monitored global market cues, US economic data, and inflation reports, while stock-specific action drove intraday activity across major sectors in a sideways-moving market environment. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-monday/articleshow/133834844.cms)
- 2026-08-19 — CNBC-TV18: **RailTel, Chennai Petroleum and other stocks, these are the top movers on Nifty 500 at market open today** — Some Nifty 500 stocks rallied on fresh work orders, rising crude prices and a new government incentive scheme, while others slid at market open. Here's a look at today's top gainers and losers — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-railtel-chennai-petroleum-mahanagar-gas-sammaan-capital-share-price-19972363.htm)
- 2026-08-14 — Mint: **Pulse of the Street: Tata jitters, metal rout weigh on Indian equities** — Indian equities fell 0.8% this week as Tata succession uncertainty and a sell-off in metals outweighed gains in telecom and realty stocks, leaving India behind a broader AI-led rally across Asia. — [Source](https://www.livemint.com/market/stock-market-news/pulse-of-the-street-tata-jitters-metal-rout-weigh-on-indian-equities-11786708624550.html)
- 2026-08-12 — The Hindu: **Sensex today | Stock Market Live: Sensex slips 325 points, Nifty below 24,400 amid weak global cues** — Sensex, Nifty, Share Prices Live: Indian equities traded lower on Wednesday as rising crude oil prices, weak global cues and geopolitical uncertainty weighed on sentiment. Investors remained cautious ahead of US inflation data, while developments around US-Iran negotiations and the Strait of Hormuz remained in focus. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-12-august-2026/article71332253.ece)
- 2026-08-12 — CNBC-TV18: **Nifty 500 top gainers and losers at market open: Finolex Cables jumps 13%, Godrej Consumer down 10%** — Some Nifty 500 stocks surged on strong Q1 earnings, while others slid on management changes and stake sales — here's a look at today's top gainers and losers at market open. — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-finolex-cables-godrej-consumer-hindalco-nalco-share-price-19967262.htm)
- 2026-08-12 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty at 24,450; Finolex Cables shares up nearly 12%** — Sensex Today | Stock Market LIVE Updates: The Nifty 50 index finds itself at a crucial juncture ahead of the mid-week trading session with 24,500 still being the decisive level to watch on either side. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-it-godrej-consumer-thyrocare-dr-agarwal-tenneco-blocks-hal-pi-ind-share-price-liveblog-19967084.htm)
- 2026-08-12 — CNBC-TV18: **Q1 Results Live Updates: Finolex Cables, TD Power shares extend gains; Apollo, Grasim report today** — Q1 Results LIVE Updates: Apollo Hospitals and Grasim are among the final Nifty 50 names that will be reporting their results today along with broader market names such as HAL, IRCTC, IRCON, Lenskart, Astral, Tata Motors CV, among others. Manappuram, PI Industries, Bata India, Senco Gold, and others will also be reacting to their results. Watch this space for all the LIVE Q1 result updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-today-hal-apollo-hosp-manappuram-irctc-ircon-lenskart-grasim-pi-ind-astral-share-price-liveblog-19967133.htm)
- 2026-08-11 — BUSINESS: **Sensex slips 388 pts, Nifty ends below 24,500 as crude boils** — Key benchmark indices ended lower on Tuesday as rising crude oil prices and renewed geopolitical uncertainty weighed on investor sentiment. Oil prices climbed near the $90-a-barrel mark as hopes of a US-Iran peace agreement faded, raising concerns over India's import bill, inflation and corporate margins. Weak global market cues added to the pressure. The Nifty closed below the 24,500 level, dragged by weakness in FMCG and metal stocks, while pharma and healthcare shares witnessed buying interest. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-slips-388-pts-nifty-ends-below-24-500-as-crude-boils-126081101347_1.html)
- 2026-08-11 — BUSINESS: **Nifty ends below 24,500 level amid weekly F&O expiry** — Market participants continued to assess a slew of Q1 FY27 earnings announcements, with sector- and stock-specific activity remaining in focus amid the ongoing earnings season. Investors also kept a close watch on the progress of the monsoon. The Nifty settled below the 24,500 level. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-ends-below-24-500-level-amid-weekly-f-o-expiry-126081101195_1.html)

## Business profile

**Strategic vision:** Manufactures electrical and telecommunication cables and electrical products.

### Business segments
- **Wires and Cables:** Manufactures a wide array of industrial, power, and communication cables including PVC insulated, FinoGreen, high voltage, telephone, auto, LAN, and fibre optic cables.
- **Electrical Products:** Diversified into various electrical product categories such as lighting, water heaters, fans, switches, switchgear, home appliances, conduits, fittings, and smart door locks.

### Competitive strengths
- Capability to produce cables up to 500 kV.
- Development of safety-focused cable variants like FR, FRLS, and HFFR.
- Established distribution network reaching over 200,000 retailers.
- Partnership with J-Power Systems Corporation for EHV cable systems.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/fincables
Markdown representation: https://faxioms.com/stocks/fincables?render=md