Finolex Cables: Unveiling the Bullish Momentum Beyond Resistancewww.tradingview.com
Current Market Overview
Finolex Cables Ltd. has exhibited significant price movements recently, indicating potential future trends. The stock is currently priced at 914.95, with notable highs and lows. Analyzing key technical indicators and historical data, we can formulate a
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45.45 INR
6.52 B INR
50.14 B INR
66.13 M
About FINOLEX CABLES LTD
Sector
Industry
Website
Headquarters
Pune
Founded
1958
ISIN
INE235A01022
FIGI
BBG000CR6223
Finolex Cables Ltd. engages in the manufacture and sale of electrical and telecommunication cables. It operates through the following segments: Electrical Cables, Communication Cables, Copper Rods, and Others. Its products include wires and cables, led lightings, fans, miniature circuit breakers, and water heaters. The company was founded by Kishan Parsram Chhabria and Prakash Prahlad Chhabria in 1958 and is headquartered in Pune, India.
FINOLEX CABLES LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
FINCABLES NSE BULLISH FLAGFINCABLES has broken out of a Bullish Flag on DTF
Price is above 200EMA. Currently Price is below 21EMA is below 50 suggesting a Flat Trend
CAMS is trading above the 38.2%% FIBO Retracement Range
FINCABLES is currently consolidating in a Range, Enter when Range is broken on WTF.
SL bel
$fincablesvwap from swing low
200 ema creeping up
range low liquidity
confluence of the above 3 is where this bubba should have its line in the sand
so on the watch list as well
think may need to free up some more $$$ to buy the dip
on the flip side dont want to have too many bags
rsi almost reset lo
SWING IDEA - FINOLEX CABLESA potential swing trade in Finolex cables , a prominent figure in the cable manufacturing sector.
Reasons are listed below :
The stock bounced convincingly from the strong support level of 850, indicating solid buying interest at this price point.
A hammer candlestick on the weekly timeframe
Momentum in Finolex Cables (FINCABLES)Stock Analysis
This is the weekly chart of Finolex Cables (FINCABLES).
Momentum is coming into the stock, making a new high today and breaking the previous high from September 2023.
The stock is in an uptrend with high volume activities observed.
Trading Strategy
Swing and Positional Trad
Finolex cables looks like it will turn the tableFinolex Cables Ltd. principally engaged in the manufacturing of of Electricals Cables, Communication Cables & Other Electrical Appliances. Its manufacturing facilities are located at Panjim in Goa, Pune in Maharashtra and Roorkee in Uttarakhand.
Finolex Cables Ltd. CMP is 967.35. The Negative aspe
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Summarizing what the indicators are suggesting.
Neutral
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Neutral
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An aggregate view of professional's ratings.
Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of FINCABLES is 894.35 INR — it has increased by 1.29% in the past 24 hours. Watch FINOLEX CABLES LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange FINOLEX CABLES LTD. stocks are traded under the ticker FINCABLES.
FINCABLES stock has risen by 1.68% compared to the previous week, the month change is a 9.33% rise, over the last year FINOLEX CABLES LTD. has showed a −8.60% decrease.
We've gathered analysts' opinions on FINOLEX CABLES LTD. future price: according to them, FINCABLES price has a max estimate of 1,300.00 INR and a min estimate of 1,135.00 INR. Watch FINCABLES chart and read a more detailed FINOLEX CABLES LTD. stock forecast: see what analysts think of FINOLEX CABLES LTD. and suggest that you do with its stocks.
FINCABLES reached its all-time high on Jun 25, 2024 with the price of 1,700.00 INR, and its all-time low was 17.00 INR and was reached on Mar 6, 2009. View more price dynamics on FINCABLES chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
FINCABLES stock is 3.10% volatile and has beta coefficient of 1.69. Track FINOLEX CABLES LTD. stock price on the chart and check out the list of the most volatile stocks — is FINOLEX CABLES LTD. there?
Today FINOLEX CABLES LTD. has the market capitalization of 137.25 B, it has increased by 4.57% over the last week.
Yes, you can track FINOLEX CABLES LTD. financials in yearly and quarterly reports right on TradingView.
FINOLEX CABLES LTD. is going to release the next earnings report on May 23, 2025. Keep track of upcoming events with our Earnings Calendar.
FINCABLES earnings for the last quarter are 9.81 INR per share, whereas the estimation was 9.80 INR resulting in a 0.15% surprise. The estimated earnings for the next quarter are 11.60 INR per share. See more details about FINOLEX CABLES LTD. earnings.
FINOLEX CABLES LTD. revenue for the last quarter amounts to 11.82 B INR, despite the estimated figure of 13.59 B INR. In the next quarter, revenue is expected to reach 16.44 B INR.
FINCABLES net income for the last quarter is 1.47 B INR, while the quarter before that showed 1.18 B INR of net income which accounts for 24.90% change. Track more FINOLEX CABLES LTD. financial stats to get the full picture.
Yes, FINCABLES dividends are paid annually. The last dividend per share was 8.00 INR. As of today, Dividend Yield (TTM)% is 0.89%. Tracking FINOLEX CABLES LTD. dividends might help you take more informed decisions.
FINOLEX CABLES LTD. dividend yield was 0.80% in 2023, and payout ratio reached 18.77%. The year before the numbers were 0.86% and 21.23% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 22, 2025, the company has 1.58 K employees. See our rating of the largest employees — is FINOLEX CABLES LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. FINOLEX CABLES LTD. EBITDA is 5.32 B INR, and current EBITDA margin is 11.93%. See more stats in FINOLEX CABLES LTD. financial statements.
Like other stocks, FINCABLES shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade FINOLEX CABLES LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So FINOLEX CABLES LTD. technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating FINOLEX CABLES LTD. stock shows the neutral signal. See more of FINOLEX CABLES LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.