FINOLEX CABLES Share Price Up by 5%; BSE CAPITAL GOODS Index Down 0.5%
Fri, 23 Jul 01:36 PM

FINOLEX CABLES share price has zoomed 5% and is presently trading at Rs 544.

Meanwhile, the BSE CAPITAL GOODS Index is at 24,149 (down 0.5%).

Among the top Gainers in the BSE CAPITAL GOODS Index today are FINOLEX CABLES (up 5.2%) and SCHAEFFLER INDIA (up 10.1%).

HONEYWELL AUTOMATION (down 0.3%) and AIA ENGINEERING (down 0.3%) are among the top losers today.

Over the last one year, FINOLEX CABLES has moved up from Rs 280 to Rs 544, registering a gain of Rs 264 (up 93.8%).

On the other hand, the BSE CAPITAL GOODS has moved up from 12,901 to 24,149, registering a gain of 11,248 points (up 85.4%) during the last 12 months.

The top buzzing stocks among the BSE CAPITAL GOODS Index stocks during this same period were GRAPHITE INDIA (up 268.8%), LAKSHMI MACHINE (up 182.2%) and HEG (up 171.7%).

Watch: Predict Stock's Next Move Using Volumes

What About the Benchmark Indices?

The BSE Sensex is at 53,074 (up 0.3%).

The top gainers among the BSE Sensex stocks today are ICICI BANK (up 2.2%), AXIS BANK (up 1.9%) and ITC (up 1.8%). Other gainers include HCL TECHNOLOGIES (up 1.2%) and BHARTI AIRTEL (up 1.2%). The most traded stocks in the BSE Sensex are ITC and ONGC.

In the meantime, NSE Nifty is at 15,886 (up 0.3%). The top gainers in the NSE Nifty include SBI LIFE INSURANCE (up 2.3%), ICICI BANK (up 2.1%) and WIPRO (up 2.0%). Other gainers include AXIS BANK (up 2.0%) and ITC (up 1.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,419 to 53,074, registering a gain of 15,655 points (up 41.69%).

FINOLEX CABLES Financial Update...

FINOLEX CABLES net profit stood at Rs 757 million for the quarter ended March 2021, compared to a profit of Rs 640 million a year ago. Net Sales rose 11.0% to Rs 9.2 billion during the period as against Rs 8.3 billion in January-March 2020.

For the year ended March 2020, FINOLEX CABLES reported 2.1% increase in net profit to Rs 3.1 billion compared to net profit of Rs 3.1 billion during FY19.

Revenue of the company grew 6.5% to Rs 29 billion during FY20.

The current Price to earnings ratio of FINOLEX CABLES, based on rolling 12 month earnings, stands at 34.8x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Jul 23, 2021 12:30 pm

Share markets in India are presently trading marginally higher. The BSE Sensex is trading up by 180 points, up 0.3%, at 53,017 levels.

Jul 23, 2021 09:30 am

Indian share markets open marginally lower. The BSE Sensex opened down by 151 points, while the Nifty is trading lower by 42 points.

Jul 23, 2021 09:38 AM

PERSISTENT SYSTEMS share price is trading up by 6% and its current market price is Rs 3,081. The BSE IT is up by 0.4%. The top gainers in the BSE IT Index are PERSISTENT SYSTEMS (up 5.8%) and MPHASIS (up 9.0%). The top losers are FIRSTSOURCE SOLUTIONS (down 0.4%) and L&T TECHONOLOGY (down 0.8%).

Jul 23, 2021 09:38 AM

WIPRO share price has hit an all time high at Rs 590 (up 0.3%). The BSE IT Index is up by 0.4%. Among the top gainers in the BSE IT Index today are WIPRO (up 0.3%) and COFORGE (up 1.0%). The top losers include HEXAWARE TECHNOLOGIES and FIRSTSOURCE SOLUTIONS (down 0.4%).

Jul 23, 2021 09:38 AM

TATA STEEL share price has hit an all time high at Rs 1,295 (up 1.1%). The BSE METAL Index is up by 0.3%. Among the top gainers in the BSE METAL Index today are TATA STEEL (up 1.1%) and JSW STEEL (up 0.2%). The top losers include COAL INDIA (down 0.1%) and NMDC (down 0.1%).

Jul 23, 2021 09:38 AM

HINDUSTAN COPPER share price is trading up by 6% and its current market price is Rs 147. The BSE METAL is up by 0.3%. The top gainers in the BSE METAL Index is HINDUSTAN COPPER (up 5.5%). The top losers are COAL INDIA (down 0.1%) and NMDC (down 0.1%).

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