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Finolex Cables Ltd.
Share Price Target & Analysis

NSE:FINCABLES

1055.85

VWAP

1062.00

Open

1039.7

Close

1065.00

High

1044.90

Low

1219.00

52 Week High

1054.35 ⇩
-1.05 (-0.10%)

FINCABLES

(TELECOM)
63% Momentum

Sideways to Positive

774.05

52 Week Low

36.61

EPS

53.87

PE

4.35

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 1054.35, this results in a dividend yield of 0.66 %.

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 18, 2024 is 4.35.

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 1055.85.

Now, the main question is whether to BUY or SELL, NSE:FINCABLES at current valuation.
As per latest Analysis No. #1305:-

⇑ 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 18, 2024)

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

Finolex Cables Ltd. share price moved Down by -0.10% from its previous close of Rs 1039.7. FINCABLES stock last traded price is 1054.35. FINCABLES share price trend is Down with a total of 14572 stocks traded till now. It has touched an intraday high of Rs 1065.00 and an intraday low of Rs 1044.90. The FINCABLES trading at 1054.35, Down by Rs. -1.05, or -0.10 percent which suggests that most of the Traders are anticipating that the price of FINCABLES share should go Down.

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 Down by -0.10%. FINCABLES share price short term trend is Down. It suggests that FINCABLES Share Price for Tomorrow remains the same with VWAP at 1055.85 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

 1054.35

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: @1046.4

FINCABLES Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 1026.71 BUY 1034.12 BUY
MA_12 1037.88 BUY 1030.13 BUY
MA_20 1022.09 BUY 1022.38 BUY
MA_32 1006.97 BUY 1009.64 BUY
MA_50 972.46 BUY 1003.23 BUY
MA_100 1003.95 BUY 999.73 BUY
MA_200 1017.2 BUY 967.14 BUY

FINCABLES Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 1022.09 Uptrend
MACD -2.41 SELL
ADX 29.82 Strong Trend
DMI (+/-) 27.02 / 14.87 Uptrend

FINCABLES Momentum Oscillators

BUY (3) NEUTRAL (9) SELL (0)
Momentum Oscillators Value Action
RSI 58.05 Neutral
STOCHASTIC_K (Fast) 52.04 Neutral
STOCHASTIC_D (Slow) 40.41 Neutral
CCI 69.91 Neutral
PSAR 994.15 BUY
TRUE RANGE 61.95 Neutral
ATR 35.59 Neutral
WILLIAMS R -42.11 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 41.6 Neutral
MOMENTUM 46.05 BUY

FINCABLES Last 1 Year Trend

Duration Value
1 Year 16.21%
3 Months -7.45%
1 Month 4.6%
1 Week -1.03%

FINCABLES Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 67%
NEUTRAL / HOLD 30%
SELL 3%

Most popular Questions & Answers about FINCABLES


Finolex Cables Ltd. stock last traded price is 1054.35. FINCABLES share price moved Down by -0.10% from its previous close of Rs 1039.7.

Finolex Cables Ltd. share price trend is Down with a total of 14572 stocks traded till now. It has touched an intraday high of Rs 1231.19 and an intraday low of Rs 1044.90. The FINCABLES trading at 1054.35, Down by Rs. -1.05, or -0.10 percent which suggests that most of the Traders are anticipating that the price of FINCABLES share should go Down and the Stop Loss will be around 1055.85.

The market cap of Finolex Cables Ltd. is ₹7511.9 (in Cr) as of May 17, 2024.

The current price to earning ratio for Finolex Cables Ltd. as of May 17, 2024 is 53.87.

The current price to book ratio for Finolex Cables Ltd. as of May 17, 2024 is 4.35.

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 ₹1054.35, Down by Rs. -1.05, or -0.10 percent which suggests that most of the traders are anticipating that the price of FINCABLES share should go Down.

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 18, 2024 is 4.35.


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 127.85 0 39
FINCABLES 1054.35 36.61 242.56
VINDHYATEL 2520.10 151.41 959.2
BIRLACABLE 238.75 7.5 83.97
PARACABLES 72.90 2.3 10.44
SURANAT&P 16.30 0.07 8.79
AKSHOPTFBR 8.95 0.39 18.44
BHAGYANGR 114.30 13.29 42.12
CMICABLES 5.25 0 -79.26
TNTELE 10.00 0 -32.61
Updated at: 17 May 2024 15:59

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