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Finolex Cables Ltd.
Share Price Target & Analysis

NSE:FINCABLES

1113.18

VWAP

1099

Open

1097.5

Close

1131.9

High

1086.45

Low

1700

52 Week High

1116.75 ⇧
19.25 (1.75%)

FINCABLES

(TELECOM)
32.9% Momentum

Turnaround Potential

831.25

52 Week Low

35.48

EPS

50.69

PE

4.06

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 1116.75, this results in a dividend yield of 0.63 %.

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 35.48. NSE:FINCABLES book value per share as of today is 275. The current price to book ratio for FINCABLES as of Nov 23, 2024 is 4.06.

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 42.15% is very crucial parameter which shows that 42.15% investors are anticipating that the price of FINCABLES share should go up with VWAP at 1113.18.

Now, the main question is whether to BUY or SELL, NSE:FINCABLES at current valuation.
As per latest Analysis No. #1524:-

⇑ 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 (Nov 23, 2024)

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

Finolex Cables Ltd. share price moved Up by 1.75% from its previous close of Rs 1097.5. FINCABLES stock last traded price is 1116.75. FINCABLES share price trend is Up with a total of 134954 stocks traded till now. It has touched an intraday high of Rs 1131.9 and an intraday low of Rs 1086.45. The FINCABLES trading at 1116.75, Up by Rs. 19.25, or 1.75 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 1.75%. FINCABLES share price short term trend is Up. It suggests that FINCABLES Share Price for Tomorrow remains the same with VWAP at 1113.18 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

 1116.75

FINCABLES Share Price Target Prediction for 2024 ^

 871.5 - 1344.9

FINCABLES Share Price Target Prediction for 2025*^

 1344.9 - 1820

FINCABLES Share Price Target Prediction for 2026*^

 1820 - 1947.4

FINCABLES Share Price Target Prediction for 2027*^

 2045

FINCABLES Share Price Target Prediction for 2028*^

 2103

FINCABLES Share Price Target Prediction for 2030*^

 2293
FINCABLES Current Book Value 2023
273.6

*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: @1137.35

FINCABLES Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 1167.08 SELL 1161.81 SELL
MA_12 1200.03 SELL 1197.28 SELL
MA_20 1220.54 SELL 1221.61 SELL
MA_32 1272.47 SELL 1263.35 SELL
MA_50 1320.73 SELL 1298.23 SELL
MA_100 1402.42 SELL 1330.57 SELL
MA_200 1265.56 SELL 1272.35 SELL

FINCABLES Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 1220.54 Downtrend
MACD -3.67 SELL
ADX 36.29 Strong Trend
DMI (+/-) 9.82 / 33.54 Downtrend

FINCABLES Momentum Oscillators

BUY (0) NEUTRAL (7) SELL (5)
Momentum Oscillators Value Action
RSI 30.91 Neutral
STOCHASTIC_K (Fast) 22.01 Neutral
STOCHASTIC_D (Slow) 21.29 Neutral
CCI -181.55 SELL
PSAR 1262.62 SELL
TRUE RANGE 50.9 Neutral
ATR 50.02 Neutral
WILLIAMS R -79.4 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 1.48 Oversold
STOCHASTIC RSI D 0.49 Oversold
MOMENTUM -205.15 SELL

FINCABLES Last 1 Year Trend

Duration Value
1 Year 21.88%
3 Months -20.9%
1 Month -15.28%
1 Week -8.2%

FINCABLES Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 23%
SELL 73%

Most popular Questions & Answers about FINCABLES


Finolex Cables Ltd. stock last traded price is 1116.75. FINCABLES share price moved Up by 1.75% from its previous close of Rs 1097.5.

Finolex Cables Ltd. share price trend is Up with a total of 134954 stocks traded till now. It has touched an intraday high of Rs 1717 and an intraday low of Rs 1086.45. The FINCABLES trading at 1116.75, Up by Rs. 19.25, or 1.75 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 1113.18.

The market cap of Finolex Cables Ltd. is ₹7511.9 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Finolex Cables Ltd. as of Nov 22, 2024 is 50.69.

The current price to book ratio for Finolex Cables Ltd. as of Nov 22, 2024 is 4.06.

The highest price of Finolex Cables Ltd. stock is ₹1700 in the last 52-week.

The lowest price of Finolex Cables Ltd. stock is ₹831.25 in the last 52-week.

Finolex Cables Ltd. share trading at ₹1116.75, Up by Rs. 19.25, or 1.75 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 ₹871.5 on downside and ₹1344.9 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 ₹1344.9 on downside and ₹1820 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 ₹1820 on downside and ₹1947.4 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 ₹2103 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.

The price of Finolex Cables Ltd. (FINCABLES) shares moved by 1.75%. The short-term trend for FINCABLES share price is Up. It implies that the share price of FINCABLES will stay the same tomorrow and that intraday traders should treat VWAP at 1113.18 as a stop loss. Investors with a long-term outlook can track FINCABLES long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of FINCABLES stock is 425.4. Compared to the current market price of 1116.75 INR, the FINCABLES stock is Overvalued by 61.9%.

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 35.48. Finolex Cables Ltd. book value per share as of today is 275. The current price to book ratio for FINCABLES as of Nov 23, 2024 is 4.06.


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 114.03 0 35.64
FINCABLES 1116.75 35.48 275
VINDHYATEL 1942.60 114.38 1119.24
BIRLACABLE 205.58 2.41 83.97
PARACABLES 66.81 3.18 20.54
SURANAT&P 19.37 0.74 9.59
AKSHOPTFBR 9.60 0 5.57
BHAGYANGR 97.81 0.38 54.41
CMICABLES 4.33 0 -84.45
TNTELE 9.47 0 -35.8
Updated at: 22 Nov 2024 15:40

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