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Finolex Cables Share Price Target 2024, 2025, 2026 to 2040 With Charts
Finolex Cables Limited | |||
 | Symbol: FINCABLES | ||
| Price: ₹1,214.2 | |||
| Exchange: NSE | |||
| Industrials -> Electrical Equipment & Parts | |||
Show Table of Contents
Table of Contents
- 1: Finolex Cables Brief Company Overview
- 1.1: Company Overview: Finolex Cables Limited
- 1.2: Finolex Cables Financial Performance
- 1.2.1: Is Finolex Cables A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Finolex Cables Share Price Target For 2024
- 2.1.1: Finolex Cables Share Price Target Table For 2024
- 2.1.2: Summary: Finolex Cables Share Price Prediction For 2024
- 2.2: Finolex Cables Share Price Target For 2025
- 2.2.1: Finolex Cables Share Price Target Table For 2025
- 2.2.2: Summary: Finolex Cables Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Finolex Cables Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2040
- 3.2: Finolex Cables Share Price Target Table From 2024, 2025, 2026 to 2040
- 4: Finolex Cables Past Performance
Finolex Cables Brief Company Overview
Company Overview: Finolex Cables Limited
Founded in 1958, Finolex Cables Limited is a leading Indian manufacturer of electrical and communication cables. Headquartered in Pune, India, the company has a global presence.
Finolex Cables' diverse product range includes electrical cables (1100V to high voltage power cables), communication cables (optic fiber to V-SAT cables), copper rods, electrical appliances (switches, sockets, etc.), and LED lighting solutions. The company also offers ceiling fans, switchgear products, conduit pipes and fittings, and water heaters. It sells its products through online retail stores as well.
Finolex Cables has a strong reputation in the industry for its commitment to quality, innovation, and customer satisfaction.
Finolex Cables Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 17,394.51 Crore | Market valuation of Finolex Cables's shares. |
| Revenue (TTM) | 5,182.18 Crore | Total revenue generated by Finolex Cables over the past twelve months. |
| Net Income (TTM) | +698.88 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 10.68% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 13.48% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +14.8% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -23.5% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 0.35 | Company's total debt divided by total shareholder equity. |
| Total Debt | 18.57 Crore | Sum of Finolex Cables's current & long-term financial obligations. |
| Total Cash | 2,556.32 Crore | Total amount of liquid funds available to Finolex Cables. |
Is Finolex Cables A Good Buy For Long Term?
Finolex Cables, a mid-cap stock with a market capitalization of ₹16,785.05 crore, shows mixed signals. While its ₹2,556.32 crore cash balance and 13.48% profit margin (TTM net profit ₹698.88 crore on ₹5,182.18 crore revenue) are positive, a concerning 23.5% year-on-year earnings drop in Q2 2024-25 requires attention. Despite strong 3-year and 5-year returns (220.34% and 143.26% respectively), the recent 3-month return of -28.42% indicates short-term volatility. Considering this, Finolex Cables is an average buy for the long term; further investigation into the reasons for the earnings decline is recommended before making any investment decisions.
To predict the Finolex Cables's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Finolex Cables Share Price Target For 2024
The line chart displays the monthly closing prices of Finolex Cables with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Finolex Cables shares in 2024, see the table below.
Finolex Cables Share Price Target Table For 2024
| Finolex Cables's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 1264.9 (+4.17%) | Price Action: 04 Nov 2024 High |
| 2024 Target 2 | 1257.75 (+3.58%) | Price Action: 31 Oct 2024 High |
| 2024 Target 1 | 1257.3 (+3.54%) | Price Action: 13 Dec 2024 Low |
| Current Price | 1214.20 | Finolex Cables's 1 share price as of Wed 18 Dec 2024 |
| Stop Loss 1 | 1282.17 (+5.59%) | Fibonacci Retracement Level 23.599999999999998% |
| Stop Loss 2 | 1249.8 (+2.93%) | Price Action: 24 Oct 2024 Low |
| Stop Loss 3 | 1249.0 (+2.86%) | Price Action: 06 Nov 2024 High |
Summary: Finolex Cables Share Price Prediction For 2024
In summary, Finolex Cables has surged by ₹145.05, achieving a notable +13.57% increase from 1st January 2024 to 18 Dec 2024. Our analysis of Finolex Cables for 2024 predicts an additional rise of 3.54% to 4.17% by the end of 2024 with three potential targets T1: 1257.3, T2: 1257.75, T3: 1264.9. Stop Loss at SL1: 1282.17, SL2: 1249.8, SL3: 1249.0.
Finolex Cables has a 52-week high of ₹1700.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹831.25, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Finolex Cables.
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Finolex Cables Share Price Target For 2025
The line chart displays the monthly closing prices of Finolex Cables with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Finolex Cables shares in 2025, see the table below.
Finolex Cables Share Price Target Table For 2025
| Finolex Cables's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1826.62 (+50.43%) | Price Action: Chart |
| 2025 Target 2 | 1792.56 (+47.63%) | Price Action: Chart |
| 2025 Target 1 | 1774.81 (+46.17%) | Fibonacci Extension Level 64.9% |
| Current Price | 1214.20 | Finolex Cables's 1 share price as of Wed 18 Dec 2024 |
| Stop Loss 1 | 1086.05 (-10.56%) | Price Action: Nov 2024 Low |
| Stop Loss 2 | 1070.11 (-11.87%) | Fibonacci Retracement Level 71.8% |
| Stop Loss 3 | 1056.12 (-13.02%) | Price Action: Jul 2023 High |
Summary: Finolex Cables Share Price Prediction For 2025
In summary, Finolex Cables has surged by ₹145.05, achieving a notable +13.57% increase from 1st January 2024 to 18 Dec 2024. Our analysis of Finolex Cables for 2025 predicts an additional rise of 46.17% to 50.43% by the end of 2025 with three potential targets T1: 1774.81, T2: 1792.56, T3: 1826.62. Stop Loss at SL1: 1086.05, SL2: 1070.11, SL3: 1056.12.
Finolex Cables has a All-Time high of ₹1700.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹831.25, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Finolex Cables, we have created a specific page for that check here: Finolex Cables Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Finolex Cables Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2040
This chart presents a detailed projection of Finolex Cables share price predictions from 2024, 2025, 2026 to 2040. This share price Prediction represents a CAGR of 2.96% over the next 15 years.
For complete year by year Finolex Cables long term share price target from 2024, 2025 to 2040 check the below table.
Finolex Cables Share Price Target Table From 2024, 2025, 2026 to 2040
| Year | Finolex Cables Target | YoY Change % |
|---|---|---|
| 2024 | ₹1,214.2 | [Current Price] |
| 2024 | ₹1,239.66 | 2.09% |
| 2025 | ₹1,346.1 | 8.58% |
| 2026 | ₹1,470.89 | 9.27% |
| 2027 | ₹1,493.07 | 1.5% |
| 2028 | ₹1,447.23 | -3.08% |
| 2029 | ₹1,424.4 | -1.58% |
| 2030 | ₹1,540.9 | 8.17% |
| 2031 | ₹1,677.76 | 8.88% |
| 2032 | ₹1,697.31 | 1.16% |
| 2033 | ₹1,639.92 | -3.39% |
| 2034 | ₹1,609.14 | -1.88% |
| 2035 | ₹1,735.69 | 7.86% |
| 2036 | ₹1,884.63 | 8.58% |
| 2037 | ₹1,901.56 | 0.89% |
| 2038 | ₹1,832.62 | -3.63% |
| 2039 | ₹1,865.67 | 1.8% |
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Finolex Cables Past Performance
- In 1990, Finolex Cables opening price was ₹12.49
- As of Wed 18 Dec 2024 the price stands at ₹1,214.2.
- This represents a Compound Annual Growth Rate (CAGR) of 13.97%.
- In 34 years, an investment of 10,000 would have become ₹9.72 Lakh.
As we wrap up, we hope you like our study on Finolex Cables share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Finolex Cables Share Price History
- Finolex Cables Price Target Tomorrow
- Finolex Cables Dividend History
- Finolex Cables Bonus History
- Finolex Cables Split History
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.
