Finolex Industries/Pipe Share Price History (1990 To 2024)
Show Table of Contents
Table of Contents
- 1: Finolex Industries Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About Finolex Industries
- 3: Finolex Industries Recent Performance
- 4: Finolex Industries Share Price Chart From 1990 to 2024
- 5: Finolex Industries Share Price History Table From 1990 to 2024
- 6: Analyzing the Impact of Investing in Finolex Industries
- 6.1: Finolex Industries Share Returns In Last 5 Years
- 6.2: Finolex Industries Share Returns In Last 10 Years
- 6.3: Finolex Industries Share Returns In Last 15 Years
- 6.4: Finolex Industries Share Returns In Last 20 Years
- 6.5: Finolex Industries Share VS FD (Normal) VS FD (Compounding)
Finolex Industries Share Highlights
As of Thu 21 Nov 2024, Finolex Industries Share price is ₹255.7 which is ₹100.19 below 52-week high of ₹355.89 and ₹57.70 above 52-week low of ₹198
52-Week High Low
- Finolex Industries 52-Week High is ₹355.89 occured on Fri 07 Jun 2024
- Finolex Industries 52-Week Low is ₹198 occured on Thu 23 Nov 2023
All Time High
- The all-time high or the highest price that Finolex Industries shares have ever touched was ₹355.89 and this occurred on Fri 07 Jun 2024.
- The highest closing price at which Finolex Industries shares have ever closed was ₹350.29 recorded on Fri 07 Jun 2024.
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Short Info About Finolex Industries
Finolex Industries: The Pipe Dream That Came True
Any civilization that has grown considerably could do so because of water availability. The easier it is to get water, the more the population increases. In modern days the way of getting water has also changed, and now we depend on pipes to get water at our convenience, i.e., tap. Finolex Industries is a company that deals in various pipes used for this purpose.
March 1981: Finolex Industries Ltd. was incorporated.
December 1988: It got listed on the Indian stock exchange.
Finolex Industries has made its products available in various industries, such as plumbing, housing, agriculture, sewage management, etc. Starting from PVC pipes and fittings, the company has progressed greatly in innovation and customer reach. It manufactures solvent cement, lubricant and primer, ASTM pipes and fittings, CPVC pipes and fittings, SWR pipes and fittings, and sewerage pipes.
The success of the manufacturing sector for any industry depends on the continuous availability of good quality raw materials. Sensing the opportunity, they applied the backward integration model and started a PVC resin manufacturing facility in Ratnagiri. It is part of various indices, such as the Nifty 500, S&P BSE 500, etc. It has also won several awards for its quality, innovation and customer satisfaction.
Let us see how Finolex Industries has rewarded its investors through its historical share price.
Finolex Industries Recent Performance
Over the past 20 trading days, the value of Finolex Industries's stock has decreased by ₹56.69 (-18.15%). On 17 Oct 2024, its one share was worth ₹312.39 and by 21 Nov 2024, the value dropped to ₹255.70. During this period it created a highest high of ₹334.29 and lowest low of ₹252.10.
Below Image represents line chart of daily close price of Finolex Industries, helping you visualize how the price has changed day by day.
Finolex Industries Share Price Chart From 1990 to 2024
Finolex Industries Share Price History Table From 1990 to 2024
| Year | Finolex Industries | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 1990 | ₹24.87 | - | ↑ ₹49.74 ↓ ₹23.63 |
| 1991 | ₹48.74 | 95.9% | ↑ ₹54.71 ↓ ₹17.41 |
| 1992 | ₹38.79 | -20.5% | ↑ ₹134 ↓ ₹32.33 |
| 1993 | ₹38.79 | - | ↑ ₹46.75 ↓ ₹22.88 |
| 1994 | ₹63.17 | 62.8% | ↑ ₹83.56 ↓ ₹27.85 |
| 1995 | ₹31.09 | -50.8% | ↑ ₹64.66 ↓ ₹26.86 |
| 1996 | ₹14.82 | -52.4% | ↑ ₹33.32 ↓ ₹10.25 |
| 1997 | ₹8.41 | -43.3% | ↑ ₹18.90 ↓ ₹7.56 |
| 1998 | ₹7.01 | -16.7% | ↑ ₹15.42 ↓ ₹4.08 |
| 1999 | ₹34.02 | 385.3% | ↑ ₹48.69 ↓ ₹6.71 |
| 2000 | ₹22.68 | -33.4% | ↑ ₹35.81 ↓ ₹11.94 |
| 2001 | ₹29.59 | 30.4% | ↑ ₹32.33 ↓ ₹16.51 |
| 2002 | ₹29.10 | -1.7% | ↑ ₹35.31 ↓ ₹22.63 |
| 2003 | ₹81.77 | 180.9% | ↑ ₹82.56 ↓ ₹28.35 |
| 2004 | ₹68.04 | -16.8% | ↑ ₹84.35 ↓ ₹40.93 |
| 2005 | ₹77.44 | 13.8% | ↑ ₹90.07 ↓ ₹52.87 |
| 2006 | ₹83.96 | 8.4% | ↑ ₹128 ↓ ₹65.65 |
| 2007 | ₹118.47 | 41.1% | ↑ ₹123 ↓ ₹64.21 |
| 2008 | ₹30.09 | -74.7% | ↑ ₹125 ↓ ₹26.91 |
| 2009 | ₹55.90 | 85.7% | ↑ ₹61.18 ↓ ₹24.92 |
| 2010 | ₹96.89 | 73.3% | ↑ ₹127 ↓ ₹50.98 |
| 2011 | ₹9.08 | -90.7% | ↑ ₹104 ↓ ₹8.36 |
| 2012 | ₹11.93 | 31.3% | ↑ ₹14.95 ↓ ₹8.97 |
| 2013 | ₹32.52 | 172.5% | ↑ ₹33.21 ↓ ₹11.65 |
| 2014 | ₹50.75 | 56% | ↑ ₹67.53 ↓ ₹28.53 |
| 2015 | ₹58.20 | 14.6% | ↑ ₹64.80 ↓ ₹47.57 |
| 2016 | ₹85.08 | 46.1% | ↑ ₹97.06 ↓ ₹50.36 |
| 2017 | ₹128.98 | 51.5% | ↑ ₹146 ↓ ₹84.03 |
| 2018 | ₹106.80 | -17.2% | ↑ ₹139 ↓ ₹90.40 |
| 2019 | ₹106.47 | -0.4% | ↑ ₹123 ↓ ₹85.84 |
| 2020 | ₹126.13 | 18.4% | ↑ ₹130 ↓ ₹55.21 |
| 2021 | ₹204.01 | 61.7% | ↑ ₹264 ↓ ₹112 |
| 2022 | ₹186.65 | -8.6% | ↑ ₹207 ↓ ₹126 |
| 2023 | ₹211.00 | 13% | ↑ ₹259 ↓ ₹158 |
| 2024 | ₹255.70 | 21.1% | ↑ ₹262 ↓ ₹252 |
Analyzing the Impact of Investing in Finolex Industries
Finolex Industries Shares price in the year 1990 was ₹24.87. If you had invested ₹10,000 in Finolex Industries Shares in 1990, in 34 years, your investment would have grown to ₹1.02 Lakh by the end of 2024. This represents a positive return of 928.1% from 1990 to 2024, with a compound annual growth rate (CAGR) of 7%.
Also Read: Bata India Year Wise Share Price History From IPO to 2024
Finolex Industries Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹264.32 and lowest was: ₹55.21
- Finolex Industries Shares price in 2019 was ₹106.47
- By 2024, its share price rose to ₹255.7
- It gave a positive return of over 140% with a CAGR of 19.1% over the last 5 years
- If you had invested ₹10,000 in Finolex Industries in 2019 then in 5 years, your investment would have grown to ₹24,016 by 2024, which is 2.4 times of your initial investment.
Finolex Industries Share Returns In Last 10 Years
- Its highest share price in the last 10 years was: ₹264.32 and lowest was: ₹28.53
- Finolex Industries Shares price in 2014 was ₹50.75
- By 2024, its share price rose to ₹255.7
- It gave a positive return of over 403% with a CAGR of 17.5% over the last 10 years
- If you had invested ₹10,000 in Finolex Industries in 2014 then in 10 years, your investment would have grown to ₹50,384 by 2024, which is 5.03 times of your initial investment.
Finolex Industries Share Returns In Last 15 Years
- Its highest share price in the last 15 years was: ₹264.32 and lowest was: ₹8.36
- Finolex Industries Shares price in 2009 was ₹55.9
- By 2024, its share price rose to ₹255.7
- It gave a positive return of over 357% with a CAGR of 10.6% over the last 15 years
- If you had invested ₹10,000 in Finolex Industries in 2009 then in 15 years, your investment would have grown to ₹45,742 by 2024, which is 4.57 times of your initial investment.
Finolex Industries Share Returns In Last 20 Years
- Its highest share price in the last 20 years was: ₹264.32 and lowest was: ₹8.36
- Finolex Industries Shares price in 2004 was ₹68.04
- By 2024, its share price rose to ₹255.7
- It gave a positive return of over 275% with a CAGR of 6.8% over the last 20 years
- If you had invested ₹10,000 in Finolex Industries in 2004 then in 20 years, your investment would have grown to ₹37,580 by 2024, which is 3.75 times of your initial investment.
Finolex Industries 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 Industries 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 | ₹1,00,065.12 | ₹30,400 | ₹72,510.25 |
[Click/Touch on line to show data]
For more insights into Finolex Industries, explore these additional resources:-
- Finolex Industries Price Target Tomorrow
- Finolex Industries Price Long Term Target
- Finolex Industries Dividend History
- Finolex Industries Split History
Reference:
- Finolex Indisutry Ltd. Finolex Industry – About company
- Finolex Group Finolex Group history
- Economic Times Finolex Industries Ltd. company history
