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Finolex Cables Ltd.
Share Price Target & Analysis

NSE:FINCABLES

1062.11

VWAP

1029.80

Open

1022.45

Close

1084.40

High

1027.35

Low

1219.00

52 Week High

1049.75 ⇧
27.30 (2.67%)

FINCABLES

(TELECOM)
62% Momentum

Sideways to Positive

774.05

52 Week Low

36.61

EPS

55.06

PE

4.33

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: FINCABLES Share Price Financial Analysis & Valuation

Finolex Cables Ltd. (FINCABLES) is broadly categorized in TELECOM segment industry which deals in Cables - Telephone vertical. It is one of Mid Cap company with Market Capitalization of Rs 7511.9 (in Cr). Total number of free float shares are 15.3 (in Lacs). Finolex Cables Ltd. is listed on NSE with Exchange ID - INE235A01022 and trading code is NSE:FINCABLES with short name Finolex Cables.

In the past 1 year, Finolex Cables Ltd. has declared an equity dividend of Rs 7 per share. At the current share price of FINCABLES at Rs 1049.75, this results in a dividend yield of 0.67 %.

As per the Fundamental Analysis of NSE:FINCABLES, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine FINCABLES underlying value and future prospects. All of this data is available in FINCABLES financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:FINCABLES, it is clearly understood that FINCABLES is Economical performer in terms of earnings and profit margins with an EPS of 36.61. NSE:FINCABLES book value per share as of today is 242.56. The current price to book ratio for FINCABLES as of May 15, 2024 is 4.33.

Valuation of the Stock: The current valuation of FINCABLES stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of FINCABLES whether to BUY this stock at current valuation. The delivery percentage of FINCABLES is 42.04% is very crucial parameter which shows that 42.04% investors are anticipating that the price of FINCABLES share should go up with VWAP at 1062.11.

Now, the main question is whether to BUY or SELL, NSE:FINCABLES at current valuation.
As per latest Analysis No. #1297:-

⇑ STRONG BUY FINCABLES if All Greens

⇗ BUY FINCABLES (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD FINCABLES (With Stop Loss) if only 1 Green

⇘ SELL FINCABLES if NO Green Indicator

NSE: FINCABLES Share Price Today (May 15, 2024)

(Finolex Cables Ltd. Daily Analysis on the basis of FINCABLES Intraday Graph & Trend)

Finolex Cables Ltd. share price moved Up by 2.67% from its previous close of Rs 1022.45. FINCABLES stock last traded price is 1049.75. FINCABLES share price trend is Up with a total of 493315 stocks traded till now. It has touched an intraday high of Rs 1084.40 and an intraday low of Rs 1027.35. The FINCABLES trading at 1049.75, Up by Rs. 27.30, or 2.67 percent which suggests that most of the Traders are anticipating that the price of FINCABLES share should go Up.

NSE: FINCABLES Share Price Tomorrow Prediction

(Finolex Cables Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of FINCABLES)

Finolex Cables Ltd. share price moved Up by 2.67%. FINCABLES share price short term trend is Up. It suggests that FINCABLES Share Price for Tomorrow remains the same with VWAP at 1062.11 will be treated as stop loss for intraday traders. Finolex Cables Ltd. Long term investors can follow the FINCABLES long term trend as mentiond in future forecast table.

NSE Code

NSE: FINCABLES

FINCABLES Share Price Today

 1049.75

FINCABLES Share Price Target Prediction for 2024 ^

 957.8 - 1225

FINCABLES Share Price Target Prediction for 2025*^

 1225 - 1305.1

FINCABLES Share Price Target Prediction for 2026*^

 1305.1 - 1396.5

FINCABLES Share Price Target Prediction for 2027*^

 1466

FINCABLES Share Price Target Prediction for 2028*^

 1508

FINCABLES Share Price Target Prediction for 2030*^

 1644
FINCABLES Current Book Value 2023
241.3

*Finolex Cables Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^FINCABLES share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

FINCABLES Technical Analysis

Candlestick Pattern: @1035.05

FINCABLES Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 1014.35 BUY 1013.71 BUY
MA_12 997.92 BUY 999.42 BUY
MA_20 997.62 BUY 990.43 BUY
MA_32 955.4 BUY 982.53 BUY
MA_50 959.68 BUY 982.91 BUY
MA_100 1006.74 BUY 988.3 BUY
MA_200 1009.71 BUY 958.82 BUY

FINCABLES Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 1029.46 OverBought
MACD 3.07 BUY
ADX 34.2 Strong Trend
DMI (+/-) 33.67 / 12.47 Uptrend

FINCABLES Momentum Oscillators

BUY (7) NEUTRAL (5) SELL (0)
Momentum Oscillators Value Action
RSI 64.73 Neutral
STOCHASTIC_K (Fast) 81.51 Overbought
STOCHASTIC_D (Slow) 72.51 Neutral
CCI 166.76 BUY
PSAR 960.6 BUY
TRUE RANGE 40.75 Neutral
ATR 30.13 Neutral
WILLIAMS R -11.58 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 88.55 Overbought
MOMENTUM 67.7 BUY

FINCABLES Last 1 Year Trend

Duration Value
1 Year 18.3%
3 Months -5.18%
1 Month 7%
1 Week 5.82%

FINCABLES Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 83%
NEUTRAL / HOLD 17%
SELL 0%

Most popular Questions & Answers about FINCABLES


Finolex Cables Ltd. stock last traded price is 1049.75. FINCABLES share price moved Up by 2.67% from its previous close of Rs 1022.45.

Finolex Cables Ltd. share price trend is Up with a total of 493315 stocks traded till now. It has touched an intraday high of Rs 1231.19 and an intraday low of Rs 1027.35. The FINCABLES trading at 1049.75, Up by Rs. 27.30, or 2.67 percent which suggests that most of the Traders are anticipating that the price of FINCABLES share should go Up and the Stop Loss will be around 1062.11.

The market cap of Finolex Cables Ltd. is ₹7511.9 (in Cr) as of May 14, 2024.

The current price to earning ratio for Finolex Cables Ltd. as of May 14, 2024 is 55.06.

The current price to book ratio for Finolex Cables Ltd. as of May 14, 2024 is 4.33.

The highest price of Finolex Cables Ltd. stock is ₹1219.00 in the last 52-week.

The lowest price of Finolex Cables Ltd. stock is ₹774.05 in the last 52-week.

Finolex Cables Ltd. share trading at ₹1049.75, Up by Rs. 27.30, or 2.67 percent which suggests that most of the traders are anticipating that the price of FINCABLES share should go Up.

In 2023, Stock price target for Finolex Cables Ltd. (FINCABLES) are ₹957.8 on downside and ₹1225 on upside. Finolex Cables Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Finolex Cables Ltd. (FINCABLES) are ₹1225 on downside and ₹1305.1 on upside. Finolex Cables Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Finolex Cables Ltd. (FINCABLES) are ₹1305.1 on downside and ₹1396.5 on upside. Finolex Cables Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Finolex Cables Ltd. (FINCABLES) will be around ₹1508 Finolex Cables Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of FINCABLES.

As per the fundamental analysis of Finolex Cables Ltd. (FINCABLES), it is of Economical quality in terms of earnings and profit margins with an EPS of 36.61. Finolex Cables Ltd. book value per share as of today is 242.56. The current price to book ratio for FINCABLES as of May 15, 2024 is 4.33.


NSE:FINCABLES News & Other Useful Information about FINCABLES Share Price


Peer Comparison of NSE: FINCABLES

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Cables - Telephone

Company Price EPS BV
STLTECH 125.65 0 39
FINCABLES 1049.75 36.61 242.56
VINDHYATEL 2438.85 151.41 959.2
BIRLACABLE 242.45 7.5 83.97
PARACABLES 72.00 2.3 10.44
SURANAT&P 16.20 0.07 8.79
AKSHOPTFBR 8.95 0.39 18.44
BHAGYANGR 115.10 13.29 42.12
CMICABLES 5.25 0 -79.26
TNTELE 10.20 0 -32.61
Updated at: 15 May 2024 12:27

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