Finolex Cables Share Price History & Returns (1990 To 2024)
Show Table of Contents
Table of Contents
- 1: Finolex Cables Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About Finolex Cables
- 3: Finolex Cables Recent Performance
- 4: Finolex Cables Share Price Chart From 1990 to 2024
- 5: Finolex Cables Share Price History Table From 1990 to 2024
- 6: Analyzing the Impact of Investing in Finolex Cables
- 6.1: Finolex Cables Share Returns In Last 5 Years
- 6.2: Finolex Cables Share Returns In Last 10 Years
- 6.3: Finolex Cables Share Returns In Last 15 Years
- 6.4: Finolex Cables Share Returns In Last 20 Years
- 6.5: Finolex Cables Share VS FD (Normal) VS FD (Compounding)
Finolex Cables Share Highlights
As of Wed 11 Dec 2024, Finolex Cables Share price is ₹1,304.9 which is ₹395.10 below 52-week high of ₹1,700 and ₹473.65 above 52-week low of ₹831.25
52-Week High Low
- Finolex Cables 52-Week High is ₹1,700 occured on Tue 25 Jun 2024
- Finolex Cables 52-Week Low is ₹831.25 occured on Thu 14 Mar 2024
All Time High
- The all-time high or the highest price that Finolex Cables shares have ever touched was ₹1,700 and this occurred on Tue 25 Jun 2024.
- The highest closing price at which Finolex Cables shares have ever closed was ₹1,666.5 recorded on Fri 05 Jul 2024.
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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 25 trading days, the value of Finolex Cables's stock has increased by ₹30.31 (+2.38%). On 23 Oct 2024, its one share was worth ₹1274.59 and by 11 Dec 2024, the value jumped to ₹1304.90. During this period it created a highest high of ₹1342.75 and lowest low of ₹1086.05.
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 Share Price Chart From 1990 to 2024
Finolex Cables Share Price History Table From 1990 to 2024
| Year | Finolex Cables | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 1990 | ₹10.24 | - | ↑ ₹20.48 ↓ ₹9.74 |
| 1991 | ₹18.98 | 85.3% | ↑ ₹19.98 ↓ ₹6.99 |
| 1992 | ₹55.69 | 193.4% | ↑ ₹87.40 ↓ ₹18.48 |
| 1993 | ₹78.66 | 41.2% | ↑ ₹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 | ₹20.71 | 73.4% | ↑ ₹23.37 ↓ ₹9.99 |
| 1999 | ₹45.13 | 117.9% | ↑ ₹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 | ₹34.10 | 78% | ↑ ₹37.16 ↓ ₹15.18 |
| 2004 | ₹32.16 | -5.7% | ↑ ₹35.36 ↓ ₹18.91 |
| 2005 | ₹62.37 | 93.9% | ↑ ₹63.93 ↓ ₹27.73 |
| 2006 | ₹100.30 | 60.8% | ↑ ₹103 ↓ ₹44.38 |
| 2007 | ₹121.16 | 20.7% | ↑ ₹121 ↓ ₹62.48 |
| 2008 | ₹23.12 | -81% | ↑ ₹133 ↓ ₹19.03 |
| 2009 | ₹59.78 | 158.5% | ↑ ₹62.43 ↓ ₹16.98 |
| 2010 | ₹53.44 | -10.7% | ↑ ₹71.22 ↓ ₹45.70 |
| 2011 | ₹30.42 | -43.1% | ↑ ₹57.13 ↓ ₹20.98 |
| 2012 | ₹57.33 | 88.4% | ↑ ₹64.07 ↓ ₹29.12 |
| 2013 | ₹82.50 | 43.9% | ↑ ₹86.85 ↓ ₹41.20 |
| 2014 | ₹261.60 | 217% | ↑ ₹282 ↓ ₹73.32 |
| 2015 | ₹252.26 | -3.6% | ↑ ₹306 ↓ ₹214 |
| 2016 | ₹414.70 | 64.3% | ↑ ₹457 ↓ ₹200 |
| 2017 | ₹707.40 | 70.5% | ↑ ₹728 ↓ ₹402 |
| 2018 | ₹451.15 | -36.3% | ↑ ₹750 ↓ ₹402 |
| 2019 | ₹370.75 | -17.9% | ↑ ₹506 ↓ ₹334 |
| 2020 | ₹342.60 | -7.6% | ↑ ₹429 ↓ ₹165 |
| 2021 | ₹528.20 | 54.1% | ↑ ₹608 ↓ ₹338 |
| 2022 | ₹546.55 | 3.4% | ↑ ₹593 ↓ ₹344 |
| 2023 | ₹1069.15 | 95.6% | ↑ ₹1219 ↓ ₹524 |
| 2024 | ₹1304.90 | 22% | ↑ ₹1342 ↓ ₹1108 |
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 ₹12.74 Lakh by the end of 2024. This represents a positive return of 12643.1% from 1990 to 2024, with a compound annual growth rate (CAGR) of 15.3%.
Also Read: Finolex Industries Year Wise Share Price History From IPO to 2024
Finolex Cables Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹1,342.75 and lowest was: ₹165
- Finolex Cables Shares price in 2019 was ₹370.75
- By 2024, its share price rose to ₹1,304.9
- It gave a positive return of over 251% with a CAGR of 28.6% 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 ₹35,196 by 2024, which is 3.51 times of your initial investment.
Finolex Cables Share Returns In Last 10 Years
- Its highest share price in the last 10 years was: ₹1,342.75 and lowest was: ₹73.31
- Finolex Cables Shares price in 2014 was ₹261.6
- By 2024, its share price rose to ₹1,304.9
- It gave a positive return of over 398% with a CAGR of 17.4% 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 ₹49,881 by 2024, which is 4.98 times of your initial investment.
Finolex Cables Share Returns In Last 15 Years
- Its highest share price in the last 15 years was: ₹1,342.75 and lowest was: ₹16.98
- Finolex Cables Shares price in 2009 was ₹59.78
- By 2024, its share price rose to ₹1,304.9
- It gave a positive return of over 2082% with a CAGR of 22.8% 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 ₹2.18 Lakh by 2024, which is 21.82 times of your initial investment.
Finolex Cables Share Returns In Last 20 Years
- Its highest share price in the last 20 years was: ₹1,342.75 and lowest was: ₹16.98
- Finolex Cables Shares price in 2004 was ₹32.15
- By 2024, its share price rose to ₹1,304.9
- It gave a positive return of over 3957% with a CAGR of 20.3% 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 ₹4.05 Lakh by 2024, which is 40.57 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.
If you invested ₹10,000 rupees each in these 3 options in :
| Year | Finolex Cables Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 1990 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹12,47,522.44 | ₹30,400 | ₹72,510.25 |
[Click/Touch on line to show data]
For more insights into Finolex Cables, explore these additional resources:-
- Finolex Cables Price Target Tomorrow
- Finolex Cables Price Long Term Target
- Finolex Cables Dividend History
- Finolex Cables Bonus History
- Finolex Cables Split History
Reference:
- Finolex Finolex – About company
- Finolex Finolax Group – Milestones
- Economic Times Finolax Cables Ltd. company history
