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Finolex Cables (FINOLEX)

Cables · NSE · end-of-day 2026-10-19
Close
₹1,282.50
Day change
-6.23%
1-year
+59.2%
From 52-week high
-13.5%
Weinstein stage
Stage 2
Minervini template
7/8
Finolex Cables closed at ₹1,282.50 on 2026-10-19, up 59% over the past year, 14% below its 52-week high. It meets 7 of 8 conditions of Minervini's trend template; Weinstein's stage analysis reads stage 2 - advancing. Over the year its annualised volatility was about 45%, with a largest fall of 20% from a peak.

About Finolex Cables

Finolex Cables Limited manufactures electrical and communication cables used in power, telecommunications, automotive, industrial, and consumer applications. Its diversified product portfolio provides exposure to India's electrification, housing, infrastructure, and digital-connectivity investments. Increasing power infrastructure and broadband deployment provide long-term growth opportunities. Expansion into specialized cables and electrical products can improve product mix. Copper prices, aluminium prices, infrastructure spending, capacity utilization, and competition remain important factors.

Price, RSI and MACD

Price · +35.5% over the period
7619521,1431,3331,524Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 38.3
305070
MACD (12, 26, 9) · histogram -22.96
-34.8-5.723.352.481.4
Price · +59.7% over the period
6648811,0971,3141,530Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 38.3
305070
MACD (12, 26, 9) · histogram -22.96
-34.8-5.723.352.481.4
Price · -6.1% over the period
6658791,0921,3061,520Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Oct 26
RSI (14) · 38.3
305070
MACD (12, 26, 9) · histogram -22.96
-63.1-26.99.345.681.8
Price · +16.1% over the period
6559161,1771,4391,700Feb 24Jul 24Dec 24May 25Oct 25Mar 26Aug 26
RSI (14) · 38.3
305070
MACD (12, 26, 9) · histogram -22.96
-71.3-18.733.986.5139.2
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEBeta
———————0.98

Investor methods

MethodChecksScoreVerdict
Minervini
✓ Close above the 150- and 200-day averages
✓ 150-day above 200-day
✓ 200-day rising for a month
✓ 50-day above the 150- and 200-day
✗ Close above the 50-day
✓ At least 25% above the 52-week low · low 710.80
✓ Within 25% of the 52-week high · high 1,483.50
✓ RS percentile 70 or more · RS 90
Trend template - the gate, measured: a modest 21-day edge.
7/87 of 8
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 2 - advancing
CAN SLIM
— C latest quarter EPS up 25%+
— A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held
✓ N within 15% of the 52-week high · high 1,483.50
✓ S more volume on up days than down days (50 sessions) · 4.17x
✓ L RS percentile 80 or more · RS 90
— I institutional sponsorship rising · shareholding not collected yet
✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45%
William O'Neil's growth-leader checklist.
4/4Strong
Darvas
✓ Box top confirmed (3 sessions below the new high) · top 1,499.00
✗ Box bottom confirmed (3 sessions holding) · bottom 1,364.30
✗ Close above the box top · close 1,282.50
✗ Volume at least 1.5x its 50-day average · 0.8x
Nicolas Darvas's box: buy the breakout above a confirmed box after a new high.
53/100In box
Turtle
✗ Close above the prior 55-session high · 1,499.00
✗ Close above the prior 20-session high · 1,499.00
✓ Close below the prior 20-session low · 1,364.30
Donchian channel breakout - the Turtle traders' entry.
Breakdown
Graham
Needs positive earnings and book value.
Not assessable
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Cables sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
FINOLEX this stock-9.1+26.3+35.5+63.8+39.5+164.7———————————0.98
UNIVCABLES-1.1+21.6+75.8+115.2+185.2+758.525.32.688.98.8—0.6221.45,0673,36820057.71.76
PRECWIRE-10.1+17.9+17.8+114.9+240.7+1170.744.810.1823.035.8—0.2126.57,8636,0771759.61.40
BIRLACABLE-19.7+82.2+118.2+112.7+0.3+251.521.33.516.39.0—0.4723.09878614615.41.09
RRKABEL-2.6+2.4+62.5+89.0+71.2—44.410.5020.828.1—0.0933.127,03010,83260853.70.84
RAMRAT+0.6+31.1+49.9+81.6+326.2—36.68.9920.623.8—1.1321.55,2117,03014415.21.14
CORDSCABLE-20.6+39.6+65.8+62.9+145.8+419.315.31.8510.718.2—0.497.83749752518.91.30
PARACABLES+6.8+2.1+71.6+54.3+7.3+411.333.32.608.012.5—0.1516.72,0211,992612.02.06
RAJRATAN+0.6-5.8+4.6+39.9-46.1-1.824.83.5511.613.3—0.5017.72,3111,4759318.41.66
POLYCAB-4.5-9.7-2.1+7.9+51.5+238.138.19.2424.534.6—0.0124.81.21L34,6093,202210.40.95
KEI-4.5-9.9-9.0+7.5+66.7+350.642.66.3714.820.2—0.0330.042,46612,343997104.31.09
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.
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