Finolex Cables – नवाचार, मजबूती और भरोसे के साथ, विकास की नई ऊंचाइयों पर।

Technical Analysis The daily chart shows Finolex Cables trading near ₹2118, rebounding from recent support at around ₹2060. Moving averages (20, 50, 100-day) are converging, with the price recently breaking above the 20-day moving average, indicating early bullish momentum. Parabolic SAR dots indicate a recent bullish flip, supporting an upside move. RSI is rising at 56.88, not yet overbought, suggesting room for further gains. MACD histogram is positive with increasing momentum bars, signaling potential for an upward trend continuation.

News, Events & Impact Finolex Cables is scheduled to announce its Q2 FY26 result on 11th November 2025. Expectations are for steady revenue growth (3-5% QoQ), strong EBITDA margin improvement, and healthy net profit growth driven by operational efficiencies and favorable raw material sourcing. Positive result could fuel further bullish sentiment and breakout above resistance levels. Sector tailwinds: Increasing capex in renewable energy and telecom infrastructure are long-term growth drivers. Negative Factors: Raw material cost fluctuations (copper, aluminum), energy prices, and global supply chain disruptions may impact margins. Result Expectations for 11 Nov 2025 Revenue likely in the range of ₹850-870 crore, EBITDA margin expansion to ~15%, net profit growth over 25-35% YoY expected. Watch out for commentary on raw material costs and demand outlook. Positive Points for the Stock Strong market leadership in cable manufacturing. Robust balance sheet and improving profitability. Favorable industry outlook driven by infrastructure and telecom investments. Operational efficiencies improving margins. Moderate valuation relative to growth prospects.