Finolex Cables: Strengthening Its Core, Expanding Its Reach

Finolex Cables Ltd

closed at ₹785.9 on October 31, 2025, down 0.42%. Established in 1958, the company is India’s largest manufacturer of electrical and telecommunication cables and has recently diversified into the fast-moving electrical goods (FMEG) segment, aiming to become a complete electrical products brand. With a market capitalization of ₹12,016 crore, Finolex Cables maintains strong fundamentals — PE of 19.4, ROE of 12.75%, and a dividend yield of 1.02%. The stock trades within a 52-week range of ₹779–₹1,342, reflecting stable investor interest in a key player in India’s growing electrical infrastructure sector.