NIFTY 22200.55 BANK 47687.45

Finolex Industries Ltd.
Share Price Target & Analysis

NSE:FINPIPE

315.24

VWAP

300.80

Open

301.3

Close

327.70

High

297.10

Low

327.70

52 Week High

304.85 ⇧
3.55 (1.18%)

FINPIPE

(INDUSTRIAL MANUFACTURING)
86.1% Momentum

Trending & Favourite

163.00

52 Week Low

7.34

EPS

73.66

PE

3.42

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: FINPIPE Share Price Financial Analysis & Valuation

Finolex Industries Ltd. (FINPIPE) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Petrochemicals vertical. It is one of Mid Cap company with Market Capitalization of Rs 11151.8 (in Cr). Total number of free float shares are 12.4 (in Lacs). Finolex Industries Ltd. is listed on NSE with Exchange ID - INE183A01024 and trading code is NSE:FINPIPE with short name Finolex Ind.

In the past 1 year, Finolex Industries Ltd. has declared an equity dividend of Rs 2.5 per share. At the current share price of FINPIPE at Rs 304.85, this results in a dividend yield of 0.82 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:FINPIPE, it is clearly understood that FINPIPE is Economical performer in terms of earnings and profit margins with an EPS of 7.34. NSE:FINPIPE book value per share as of today is 89.26. The current price to book ratio for FINPIPE as of May 16, 2024 is 3.42.

Valuation of the Stock: The current valuation of FINPIPE 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 FINPIPE whether to BUY this stock at current valuation. The delivery percentage of FINPIPE is 47.03% is very crucial parameter which shows that 47.03% investors are anticipating that the price of FINPIPE share should go up with VWAP at 315.24.

Now, the main question is whether to BUY or SELL, NSE:FINPIPE at current valuation.
As per latest Analysis No. #833:-

⇑ STRONG BUY FINPIPE if All Greens

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

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

⇘ SELL FINPIPE if NO Green Indicator

NSE: FINPIPE Share Price Today (May 16, 2024)

(Finolex Industries Ltd. Daily Analysis on the basis of FINPIPE Intraday Graph & Trend)

Finolex Industries Ltd. share price moved Up by 1.18% from its previous close of Rs 301.3. FINPIPE stock last traded price is 304.85. FINPIPE share price trend is Up with a total of 9922280 stocks traded till now. It has touched an intraday high of Rs 327.70 and an intraday low of Rs 297.10. The FINPIPE trading at 304.85, Up by Rs. 3.55, or 1.18 percent which suggests that most of the Traders are anticipating that the price of FINPIPE share should go Up.

NSE: FINPIPE Share Price Tomorrow Prediction

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

Finolex Industries Ltd. share price moved Up by 1.18%. FINPIPE share price short term trend is Up. It suggests that FINPIPE Share Price for Tomorrow remains the same with VWAP at 315.24 will be treated as stop loss for intraday traders. Finolex Industries Ltd. Long term investors can follow the FINPIPE long term trend as mentiond in future forecast table.

NSE Code

NSE: FINPIPE

FINPIPE Share Price Today

 304.85

FINPIPE Share Price Target Prediction for 2024 ^

 236.1 - 329.3

FINPIPE Share Price Target Prediction for 2025*^

 329.3 - 350.8

FINPIPE Share Price Target Prediction for 2026*^

 350.8 - 375.4

FINPIPE Share Price Target Prediction for 2027*^

 394

FINPIPE Share Price Target Prediction for 2028*^

 405

FINPIPE Share Price Target Prediction for 2030*^

 442
FINPIPE Current Book Value 2023
88.8

*Finolex Industries Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^FINPIPE 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.

FINPIPE Technical Analysis

Candlestick Pattern: @304.85

FINPIPE Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 283.84 BUY 289.8 BUY
MA_12 277.37 BUY 278.78 BUY
MA_20 270.61 BUY 272.65 BUY
MA_32 262.31 BUY 263.12 BUY
MA_50 248.9 BUY 255.23 BUY
MA_100 238.17 BUY 243.03 BUY
MA_200 224.01 BUY 223.74 BUY

FINPIPE Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 299.35 OverBought
MACD 2.01 BUY
ADX 40.67 Strong Trend
DMI (+/-) 44.33 / 9.38 Uptrend

FINPIPE Momentum Oscillators

BUY (5) NEUTRAL (7) SELL (0)
Momentum Oscillators Value Action
RSI 72.23 Overbought
STOCHASTIC_K (Fast) 69.68 Neutral
STOCHASTIC_D (Slow) 56.66 Neutral
CCI 276.39 BUY
PSAR 264.85 BUY
TRUE RANGE 30.6 Neutral
ATR 13.23 Neutral
WILLIAMS R -36.18 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 69.05 Neutral
MOMENTUM 56.35 BUY

FINPIPE Last 1 Year Trend

Duration Value
1 Year 65.1%
3 Months 40.39%
1 Month 22.68%
1 Week 9.23%

FINPIPE Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 77%
NEUTRAL / HOLD 23%
SELL 0%

Most popular Questions & Answers about FINPIPE


Finolex Industries Ltd. stock last traded price is 304.85. FINPIPE share price moved Up by 1.18% from its previous close of Rs 301.3.

Finolex Industries Ltd. share price trend is Up with a total of 9922280 stocks traded till now. It has touched an intraday high of Rs 330.977 and an intraday low of Rs 297.10. The FINPIPE trading at 304.85, Up by Rs. 3.55, or 1.18 percent which suggests that most of the Traders are anticipating that the price of FINPIPE share should go Up and the Stop Loss will be around 315.24.

The market cap of Finolex Industries Ltd. is ₹11151.8 (in Cr) as of May 15, 2024.

The current price to earning ratio for Finolex Industries Ltd. as of May 15, 2024 is 73.66.

The current price to book ratio for Finolex Industries Ltd. as of May 15, 2024 is 3.42.

The highest price of Finolex Industries Ltd. stock is ₹327.70 in the last 52-week.

The lowest price of Finolex Industries Ltd. stock is ₹163.00 in the last 52-week.

Finolex Industries Ltd. share trading at ₹304.85, Up by Rs. 3.55, or 1.18 percent which suggests that most of the traders are anticipating that the price of FINPIPE share should go Up.

In 2023, Stock price target for Finolex Industries Ltd. (FINPIPE) are ₹236.1 on downside and ₹329.3 on upside. Finolex Industries Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Finolex Industries Ltd. (FINPIPE) are ₹329.3 on downside and ₹350.8 on upside. Finolex Industries Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Finolex Industries Ltd. (FINPIPE) are ₹350.8 on downside and ₹375.4 on upside. Finolex Industries 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 Industries Ltd. (FINPIPE) will be around ₹405 Finolex Industries Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of FINPIPE.

As per the fundamental analysis of Finolex Industries Ltd. (FINPIPE), it is of Economical quality in terms of earnings and profit margins with an EPS of 7.34. Finolex Industries Ltd. book value per share as of today is 89.26. The current price to book ratio for FINPIPE as of May 16, 2024 is 3.42.


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


Peer Comparison of NSE: FINPIPE

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

Sector: Petrochemicals

Company Price EPS BV
FINPIPE 304.85 7.34 89.26
SPLPETRO 692.40 18.43 107.38
SPLPETRO 692.40 18.43 107.38
NOCIL 255.45 7.12 85.76
BEPL 97.05 7.22 42.85
MANALIPETC 78.65 0 57.29
SOTL 508.80 29.56 235.2
DCW 53.00 1.21 34.73
DVL 317.85 54.89 410.12
GOACARBON 915.85 88.98 203.28
Updated at: 15 May 2024 15:32

Feel free to contact us, in case of any queries.

SITEMAP 895
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3049.75 12.20 (0.4%) | ADANIGREEN 1835.00 46.20 (2.58%) | ADANIPORTS 1337.85 6.60 (0.5%) | ADANITRANS 1021.65 -0.40 (-0.04%) | AMBUJACEM 613.25 3.05 (0.5%) | APOLLOHOSP 5854.80 -8.00 (-0.14%) | ASIANPAINT 2813.00 -53.15 (-1.85%) | ATGL 916.60 7.65 (0.84%) | AUROPHARMA 1158.40 -10.20 (-0.87%) | AXISBANK 1128.00 5.15 (0.46%) | BAJAJ-AUTO 8903.15 -162.10 (-1.79%) | BAJAJFINSV 1570.75 -5.70 (-0.36%) | BAJFINANCE 6680.00 4.30 (0.06%) | BALKRISIND 2507.00 19.35 (0.78%) | BANDHANBNK 189.90 1.35 (0.72%) | BANKBARODA 263.90 3.05 (1.17%) | BEL 232.85 1.90 (0.82%) | BERGEPAINT 485.10 -9.45 (-1.91%) | BHARTIARTL 1309.90 25.60 (1.99%) | BIOCON 311.90 1.00 (0.32%) | BOSCHLTD 30935.40 -946.60 (-2.97%) | BPCL 625.05 19.10 (3.15%) | BRITANNIA 5064.00 -76.80 (-1.49%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1405.50 48.15 (3.55%) | COALINDIA 467.50 18.80 (4.19%) | COLPAL 2673.00 -146.95 (-5.21%) | DABUR 546.60 -7.95 (-1.43%) | DIVISLAB 3892.55 -3.65 (-0.09%) | DLF 825.65 -13.40 (-1.6%) | DMART 4652.45 55.40 (1.21%) | DRREDDY 5882.00 13.20 (0.22%) | EICHERMOT 4649.35 -81.20 (-1.72%) | GAIL 200.75 0.70 (0.35%) | GLAND 1776.00 10.50 (0.59%) | GODREJCP 1295.00 -11.90 (-0.91%) | GRASIM 2369.70 -2.35 (-0.1%) | GUJGASLTD 542.50 -8.90 (-1.61%) | HAVELLS 1754.15 25.05 (1.45%) | HCLTECH 1335.00 13.95 (1.06%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3762.05 84.15 (2.29%) | HDFCBANK 1438.50 -22.45 (-1.54%) | HDFCLIFE 555.95 -5.60 (-1%) | HEROMOTOCO 5057.30 13.85 (0.27%) | HINDALCO 653.70 7.05 (1.09%) | HINDUNILVR 2327.80 -21.80 (-0.93%) | HINDZINC 559.40 -0.50 (-0.09%) | ICICIBANK 1125.10 4.55 (0.41%) | ICICIGI 1652.90 -30.90 (-1.84%) | ICICIPRULI 580.35 -16.85 (-2.82%) | INDIGO 4295.50 148.15 (3.57%) | INDUSINDBK 1417.10 -3.90 (-0.27%) | INDUSTOWER 341.80 2.30 (0.68%) | INFY 1419.95 -4.75 (-0.33%) | IOB 61.90 0.05 (0.08%) | IOC 161.80 2.45 (1.54%) | ITC 427.80 -1.90 (-0.44%) | JSWSTEEL 870.95 -10.55 (-1.2%) | KOTAKBANK 1650.80 4.50 (0.27%) | LT 3411.30 31.85 (0.94%) | LTI 4649.30 14.45 (0.31%) | LUPIN 1639.10 1.95 (0.12%) | M&M 2302.30 32.40 (1.43%) | MARICO 590.80 -9.45 (-1.57%) | MARUTI 12767.30 -46.90 (-0.37%) | MCDOWELL-N 1174.25 -1.35 (-0.11%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1676.10 -1.20 (-0.07%) | NAUKRI 5941.60 -75.70 (-1.26%) | NESTLEIND 2465.00 -22.35 (-0.9%) | NMDC 267.30 2.25 (0.85%) | NTPC 361.35 5.55 (1.56%) | ONGC 273.45 0.55 (0.2%) | PEL 823.40 -6.85 (-0.83%) | PIDILITIND 2987.45 3.70 (0.12%) | PIIND 3664.40 -3.20 (-0.09%) | PNB 124.15 -1.60 (-1.27%) | POWERGRID 314.85 5.60 (1.81%) | RELIANCE 2832.55 -7.60 (-0.27%) | SAIL 166.40 1.75 (1.06%) | SBICARD 713.45 -4.95 (-0.69%) | SBILIFE 1428.80 -4.05 (-0.28%) | SBIN 820.30 2.10 (0.26%) | SHREECEM 25819.65 -205.25 (-0.79%) | SIEMENS 7119.30 458.85 (6.89%) | SRF 2290.00 3.25 (0.14%) | SUNPHARMA 1527.40 -17.85 (-1.16%) | TATACONSUM 1070.00 -15.45 (-1.42%) | TATAMOTORS 947.30 -17.35 (-1.8%) | TATAMTRDVR 637.30 -9.05 (-1.4%) | TATASTEEL 165.60 0.65 (0.39%) | TCS 3880.40 -20.80 (-0.53%) | TECHM 1276.90 1.40 (0.11%) | TITAN 3268.55 -20.35 (-0.62%) | TORNTPHARM 2652.35 21.70 (0.82%) | ULTRACEMCO 9614.10 -46.55 (-0.48%) | UPL 514.80 4.75 (0.93%) | VEDL 437.40 4.85 (1.12%) | WIPRO 458.30 1.95 (0.43%) |