Finolex Cables witnessed a sharp rally in Monday’s trade, climbing over 14% to ₹960.20 on the NSE. The stock hit an intraday high of ₹971.25, marking a surge of ₹121.20 from its previous close of ₹839.
The spike came amid unusually high trading volumes, with over 1.33 crore shares exchanging hands compared to its average volume of around 7.3 lakh shares. The market capitalisation of the company rose to ₹14,713 crore.
Finolex Cables, one of India’s largest manufacturers of electrical and communication cables, has been a prominent player in the sector with a strong nationwide distribution network. The recent price move adds to the momentum seen earlier this month, where the stock rallied 11.58% on March 18.
Finolex Cables Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Fri, Mar 21 2025
|
₹833.00
|
₹839.00
|
|
|
Thu, Mar 20 2025
|
₹855.00
|
₹829.30
|
-4.51%
|
|
Wed, Mar 19 2025
|
₹861.05
|
₹868.45
|
-0.87%
|
|
Tue, Mar 18 2025
|
₹786.90
|
₹876.10
|
|
|
Mon, Mar 17 2025
|
₹793.20
|
₹785.15
|
-1.55%
|
|
Thu, Mar 13 2025
|
₹802.65
|
₹797.55
|
|
|
Wed, Mar 12 2025
|
₹804.45
|
₹796.80
|
-0.52%
|
|
Tue, Mar 11 2025
|
₹805.00
|
₹801.00
|
-1.03%
|
Over the past one year, Finolex Cables has traded in a broad range of ₹780 to ₹1,700. Market analysts continue to monitor the stock closely, citing the recent clarification and volume movement.
