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Finolex Cables Share Price History & Returns (1990 To 2024)

Finolex Cables Share Price History & Returns (1990 To 2024)

Updated: Fri 19 Apr 2024

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Finolex Cables Share Highlights

As of Fri 19 Apr 2024, Finolex Cables Share price is ₹970.90 which is ₹248.10 below 52-week high of ₹1,219 and ₹196.86 above 52-week low of ₹774.04

52-Week High Low

  • Finolex Cables 52-Week High is ₹1,219 occured on Thu 28 Sep 2023
  • Finolex Cables 52-Week Low is ₹774.04 occured on Tue 06 Jun 2023

All Time High

  • The all-time high or the highest price that Finolex Cables shares have ever touched was ₹1,219 and this occurred on Thu 28 Sep 2023.
  • The highest closing price at which Finolex Cables shares have ever closed was ₹1,195.55 recorded on Thu 28 Sep 2023.

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Short Info About Finolex Cables

Finolex Cables Limited: The Story From Rubber to Wires and Beyond

Many countries have placed electricity on the list of basic necessities. Electricity on its own without any proper supply medium has no value. Cables are needed to transfer electricity from one place to another, and many companies are involved in manufacturing that medium of transfer. Finolex Cables Limited is one of India’s largest electricity and communication cable manufacturers.

June 1967: Alfa Rubber Co. Ltd. was incorporated.

August 1973: The company’s name was changed to Finolex Cables Limited.

May 1983: It was listed on the Indian stock market.

The cable market has been evolving continuously, and so has Finolex Cables over the period of 4 decades since its incorporation. It operates in various industries, such as electrical cables, communication cables, copper rods, MCBs, etc. The company’s products are not limited to use in households but are also used in commercial, industrial, infrastructure, power, telecom, etc.

In the short period of 2018-2020, it lost over 66% of its share price value. Let us see how Finolex Cables Limited rewarded its long-time investors through its historical share price.

Finolex Cables Recent Performance

Over the past 23 trading days, the value of Finolex Cables's stock has increased by ₹132.10 (+15.75%). On 14 Mar 2024, its one share was worth ₹838.80 and by 19 Apr 2024, the value jumped to ₹970.9. During this period it created a highest high of ₹1045.75 and lowest low of ₹831.25.

Below Image represents line chart of daily close price of Finolex Cables, helping you visualize how the price has changed day by day.

Finolex Cables Recent Daily Close Chart
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Finolex Cables Share Price Chart From 1990 to 2024

Finolex Cables Share Price History Table From 1990 to 2024

Finolex Cables Share Price History Table From 1990 to 2024

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YearFinolex CablesYOY Chg%↑High - ↓Low
1990₹10.24-

↑ ₹20.48

↓ ₹9.74

1991₹18.9885.3%

↑ ₹19.98

↓ ₹6.99

1992₹55.69193.4%

↑ ₹87.40

↓ ₹18.48

1993₹78.6641.2%

↑ ₹97.89

↓ ₹38.95

1994₹56.93-27.7%

↑ ₹135

↓ ₹54.94

1995₹22.97-59.7%

↑ ₹55.93

↓ ₹18.88

1996₹14.58-36.6%

↑ ₹29.47

↓ ₹11.24

1997₹11.94-18.2%

↑ ₹20.88

↓ ₹10.09

1998₹20.7173.4%

↑ ₹23.37

↓ ₹9.99

1999₹45.13117.9%

↑ ₹63.93

↓ ₹20.48

2000₹42.30-6.3%

↑ ₹65.65

↓ ₹39.95

2001₹29.30-30.8%

↑ ₹45.65

↓ ₹26.80

2002₹19.15-34.7%

↑ ₹33.96

↓ ₹19.06

2003₹34.1078%

↑ ₹37.16

↓ ₹15.18

2004₹32.16-5.7%

↑ ₹35.36

↓ ₹18.91

2005₹62.3793.9%

↑ ₹63.93

↓ ₹27.73

2006₹100.3060.8%

↑ ₹103

↓ ₹44.38

2007₹121.1620.7%

↑ ₹121

↓ ₹62.48

2008₹23.12-81%

↑ ₹133

↓ ₹19.03

2009₹59.78158.5%

↑ ₹62.43

↓ ₹16.98

2010₹53.44-10.7%

↑ ₹71.22

↓ ₹45.70

2011₹30.42-43.1%

↑ ₹57.13

↓ ₹20.98

2012₹57.3388.4%

↑ ₹64.07

↓ ₹29.12

2013₹82.5043.9%

↑ ₹86.85

↓ ₹41.20

2014₹261.60217%

↑ ₹282

↓ ₹73.32

2015₹252.26-3.6%

↑ ₹306

↓ ₹214

2016₹414.7064.3%

↑ ₹457

↓ ₹200

2017₹707.4070.5%

↑ ₹728

↓ ₹402

2018₹451.15-36.3%

↑ ₹750

↓ ₹402

2019₹370.75-17.9%

↑ ₹506

↓ ₹334

2020₹342.60-7.6%

↑ ₹429

↓ ₹165

2021₹528.2054.1%

↑ ₹608

↓ ₹338

2022₹546.553.4%

↑ ₹593

↓ ₹344

2023₹1069.1595.6%

↑ ₹1219

↓ ₹524

2024₹970.90-9.2%

↑ ₹1183

↓ ₹831

Analyzing the Impact of Investing in Finolex Cables

Finolex Cables Shares price in the year 1990 was ₹10.24. If you had invested ₹10,000 in Finolex Cables Shares in 1990, in 34 years, your investment would have grown to ₹9.48 Lakh by the end of 2024. This represents a positive return of 9381.4% from 1990 to 2024, with a compound annual growth rate (CAGR) of 14.3%.

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Also Read: Finolex Industries Year Wise Share Price History From IPO to 2024

Finolex Cables Share Returns In Last 5 Years

Finolex Cables Share Returns In Last 5 Years
  • Its highest share price in the last 5 years was: ₹1,219 and lowest was: ₹165
  • Finolex Cables Shares price in 2019 was ₹370.75
  • By 2024, its share price rose to ₹970.90
  • It gave a positive return of over 161% with a CAGR of 21.2% over the last 5 years
  • If you had invested ₹10,000 in Finolex Cables in 2019 then in 5 years, your investment would have grown to ₹26,187 by 2024, which is 2.61 times of your initial investment.

Finolex Cables Share Returns In Last 10 Years

Finolex Cables Share Returns In Last 10 Years
  • Its highest share price in the last 10 years was: ₹1,219 and lowest was: ₹73.32
  • Finolex Cables Shares price in 2014 was ₹261.60
  • By 2024, its share price rose to ₹970.90
  • It gave a positive return of over 271% with a CAGR of 14% over the last 10 years
  • If you had invested ₹10,000 in Finolex Cables in 2014 then in 10 years, your investment would have grown to ₹37,113 by 2024, which is 3.71 times of your initial investment.

Finolex Cables Share Returns In Last 15 Years

FINCABLES last15
  • Its highest share price in the last 15 years was: ₹1,219 and lowest was: ₹16.98
  • Finolex Cables Shares price in 2009 was ₹59.78
  • By 2024, its share price rose to ₹970.90
  • It gave a positive return of over 1524% with a CAGR of 20.4% over the last 15 years
  • If you had invested ₹10,000 in Finolex Cables in 2009 then in 15 years, your investment would have grown to ₹1.62 Lakh by 2024, which is 16.24 times of your initial investment.

Finolex Cables Share Returns In Last 20 Years

Finolex Cables Share Returns In Last 20 Years
  • Its highest share price in the last 20 years was: ₹1,219 and lowest was: ₹16.98
  • Finolex Cables Shares price in 2004 was ₹32.16
  • By 2024, its share price rose to ₹970.90
  • It gave a positive return of over 2918% with a CAGR of 18.5% over the last 20 years
  • If you had invested ₹10,000 in Finolex Cables in 2004 then in 20 years, your investment would have grown to ₹3.02 Lakh by 2024, which is 30.18 times of your initial investment.

Finolex Cables Share VS FD (Normal) VS FD (Compounding)

You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.

  • Shares: Units of ownership in a company can benefit from its profits or losses.
  • FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
  • Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
To help you make a well-informed decision, we have prepared a handy table that compares the returns of Finolex Cables Share with both FD choices over time.


If you invested ₹10,000 rupees each in these 3 options in :

YearFinolex Cables InvestmentFD Normal InvestmentFD Compond Investment
1990₹10,000₹10,000₹10,000

Then today, your investment would have become this much in each option:

2024₹9,28,483.92₹30,400₹72,510.25



[Click/Touch on line to show data]


For more insights into Finolex Cables, explore these additional resources:-

Reference:


Disclaimer: Information is provided ‘as is’ and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter