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Umang Bhutada

16th Jun Β· SEBI-Registered Analyst

Finolex Cables – Momentum $FINCABLES Important Levels: Support: 1,180 – 1,140 Resistance: 1,300 – 1,360 Structure: Strong uptrend with healthy consolidation Business: Leading player in electrical cables and communication wires Beneficiary of housing, power and infrastructure growth Strong brand and distribution network Earnings: Stable volume growth Strong cash generation Margin profile remains healthy Verdict: πŸ‘‰ Electrical infrastructure theme leader πŸ‘‰ Momentum remains strong

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