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1 Comment
Finolex Cables Limited is currently in a long term uptrend where the price is trading 38.2% above its 200 day moving average.
From a valuation standpoint, the stock is 72.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.3.
Finolex Cables Limited's total revenue rose by 18.2% to $8B since the same quarter in the previous year.
Its net income has increased by 43.1% to $1B since the same quarter in the previous year.
Based on the above factors, Finolex Cables Limited gets an overall score of 4/5.
Industry | Electrical Equipment & Parts |
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Sector | Industrials |
ISIN | INE235A01022 |
CurrencyCode | INR |
Exchange | NSE |
Dividend Yield | 0.7% |
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Beta | 0.65 |
Target Price | 574 |
PE Ratio | 23.13 |
Market Cap | 128B |
Finolex Cables Limited manufactures and sells electrical and communication cables, and other electrical appliances in India and internationally. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It offers electrical cables, such as 1100V and motor winding PVC insulated, automotive/battery, UPS, elevator, and solar cables, as well as heavy duty, underground, low and high voltage, power, and control cables; and communication cables, including optic fiber, coaxial, local area network, CCTV, speaker, jelly filled telephone, PE insulated telephone, and V-SAT cables. The company also provides copper rods; electrical switches, sockets, regulators, etc.; and retrofit and non-retrofit CFL lamps, T5 tube lights, and fittings, as well as LED based lighting solutions. In addition, it offers ceiling, table, wall, pedestal, and exhaust fans; switchgear products, such as miniature and residual current circuit breakers, molded case circuit breakers, and distribution boards; conduit pipes and fittings; and water heaters. Further, the company offers its products through online retail stores. Finolex Cables Limited was founded in 1958 and is based in Pune, India.
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