Finolex Cables is currently trading at Rs. 1024.75, up by 12.55 points or 1.24% from its previous closing of Rs. 1012.20 on the BSE.
The scrip opened at Rs. 1010.10 and has touched a high and low of Rs. 1030.30 and Rs. 1003.90 respectively. So far 2459 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1700.00 on 25-Jun-2024 and a 52 week low of Rs. 833.00 on 13-Mar-2024.
Last one week high and low of the scrip stood at Rs. 1109.00 and Rs. 985.65 respectively. The current market cap of the company is Rs. 15672.46 crore.
The promoters holding in the company stood at 35.86%, while Institutions and Non-Institutions held 27.23% and 36.91% respectively.
Finolex Cables has expanded its portfolio with the launch of a new product namely ‘FinoUltra’. The newly launched FinoUltra is a wired product and it will cater to the domestic market. The product has been launched on January 14, 2025.
Finolex Cables, established in 1958, is India’s largest and leading manufacturer of electrical and telecommunication cables.
