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:
👉 Electrical infrastructure theme leader
👉 Momentum remains strong
#PersonalFinance
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