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Finolex Cables Ltd., included within the 12 months 1967, is a Mid Cap firm (having a market cap of Rs 6307.22 Crore) working in Shopper Durables sector.
Finolex Cables Ltd. key Merchandise/Income Segments embrace Electrical Cables, Cables, Others, Scrap and Copper Rods for the 12 months ending 31-Mar-2021.
Financials
For the quarter ended 31-03-2022, the corporate reported a Consolidated Complete Earnings of Rs 1206.80 Crore, up 21.71 % from final quarter Complete Earnings of Rs 991.54 Crore and up 28.74 % from final 12 months similar quarter Complete Earnings of Rs 937.38 Crore. Firm reported web revenue after tax of Rs 67.60 Crore in newest quarter.
Funding Rationale
Inventory value has surpassed the earlier swing excessive resistance of 409 with rising volumes.
Promoter/FII Holdings
Promoters held 35.92 per cent stake within the firm as of 31-Mar-2022, whereas FIIs owned 9.36 per cent, DIIs 15.73 per cent.
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