Finolex Cables gains despite reporting 32% fall in Q4 net profit

13 May 2015

Finolex Cables is currently trading at Rs. 246.00, up by 3.00 points or 1.23% from its previous closing of Rs. 243.00 on the BSE.

The scrip opened at Rs. 239.90 and has touched a high and low of Rs. 251.35 and Rs. 236.75 respectively. So far 54532 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 306.40 on 13-Mar-2015 and a 52 week low of Rs. 147.20 on 15-May-2014.

Last one week high and low of the scrip stood at Rs. 274.35 and Rs. 234.40 respectively. The current market cap of the company is Rs. 3797.48 crore.

The promoters holding in the company stood at 35.86% while Institutions and Non-Institutions held 22.46% and 37.74% respectively.

Finolex Cables has posted a fall of 32.39% in its net profit at Rs 46.86 crore for the quarter ended March 31, 2015 as compared to Rs 69.31 crore for the same quarter in the previous year. However, total income of the company has increased by 1.87% at Rs 667.33 crore for quarter under review as compared to Rs 655.1 crore for the quarter ended March 31, 2014.

For the year ended March 31, 2015, the company has posted a fall of 4.34% in its net profit at Rs 198.66 crore as compared to Rs 207.68 crore for the same period in the previous year. However, total income of the company has increased by 4.16% at Rs 2507.56 crore for year under review as compared to Rs 2407.39 crore for the period ended March 31, 2014.

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Finolex Cables Share Price

356.15 0.00 (0.00%) Dec 13, 18:01
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Peers
Company Name CMP
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Finolex Cables 356.15
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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