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Finolex Industries Ltd.
Share Price Target & Analysis

NSE:FINPIPE

296.38

VWAP

295.00

Open

295.45

Close

297.65

High

294.45

Low

327.70

52 Week High

296.50 ⇧
1.00 (0.34%)

FINPIPE

(INDUSTRIAL MANUFACTURING)
81.1% Momentum

Trending & Favourite

163.05

52 Week Low

7.34

EPS

68.91

PE

3.32

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 296.50, this results in a dividend yield of 0.84 %.

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 18, 2024 is 3.32.

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 296.38.

Now, the main question is whether to BUY or SELL, NSE:FINPIPE at current valuation.
As per latest Analysis No. #835:-

⇑ 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 18, 2024)

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

Finolex Industries Ltd. share price moved Up by 0.34% from its previous close of Rs 295.45. FINPIPE stock last traded price is 296.50. FINPIPE share price trend is Up with a total of 34052 stocks traded till now. It has touched an intraday high of Rs 297.65 and an intraday low of Rs 294.45. The FINPIPE trading at 296.50, Up by Rs. 1.00, or 0.34 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 0.34%. FINPIPE share price short term trend is Up. It suggests that FINPIPE Share Price for Tomorrow remains the same with VWAP at 296.38 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

 296.50

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 296.50. FINPIPE share price moved Up by 0.34% from its previous close of Rs 295.45.

Finolex Industries Ltd. share price trend is Up with a total of 34052 stocks traded till now. It has touched an intraday high of Rs 330.977 and an intraday low of Rs 294.45. The FINPIPE trading at 296.50, Up by Rs. 1.00, or 0.34 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 296.38.

The market cap of Finolex Industries Ltd. is ₹11151.8 (in Cr) as of May 17, 2024.

The current price to earning ratio for Finolex Industries Ltd. as of May 17, 2024 is 68.91.

The current price to book ratio for Finolex Industries Ltd. as of May 17, 2024 is 3.32.

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 ₹163.05 in the last 52-week.

Finolex Industries Ltd. share trading at ₹296.50, Up by Rs. 1.00, or 0.34 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 18, 2024 is 3.32.


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 296.50 7.34 89.26
SPLPETRO 698.25 18.43 107.38
SPLPETRO 698.25 18.43 107.38
NOCIL 261.60 7.12 85.76
BEPL 99.00 7.22 42.85
MANALIPETC 77.80 0 56.53
SOTL 521.40 29.56 235.2
DCW 52.45 1.21 35.26
DVL 335.00 54.89 410.12
GOACARBON 860.35 93.43 270.52
Updated at: 17 May 2024 15:32

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