Finolex Industries (FINPIPE) Shares Extend Losses for Fifth Straight Session
As of 12:40 PM on July 7, 2025, shares of Finolex Industries Ltd.
FINPIPE
continued their downward trajectory, trading at ₹206.30 a decline of approximately 2.25% from the previous close. This marks the stock's lowest level since May 26, 2025. The small-cap company, with a market capitalization of ₹13,101 crore, is known for manufacturing and trading PVC pipes, fittings, and resins used across agricultural, plumbing, and industrial sectors. The stock currently trades at a P/E of 16.84 compared to the sector P/E of 20.86, with a Price-to-Book ratio of 2.15. Its return on equity (ROE) stands at 8.41%, while return on capital employed (ROCE) is at 10.9%. The 52-week price range is ₹144 to ₹335, and dividend yield is 1.18%.
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