NSE: Finolex Cables Share Price Target: Today we are talking about Finolex Cables Limited’s stock price target from 2024 to 2050. Finolex cables Share Price Target, Future Forecast, Forecast 2024, 2025, 2026,2027, 2028, 2013, 2023, 2035, 2040, 2045, 2050.
People search for Finolex cables stock price target on Google. Today we will tell you what will be the Finolex cables stock price target in 2024, 2025, 2026, 2027,2028, 2030, 2035, 2040, 2045, and 2050. Finolex cables share price target in the next 1, 3, 7, and 5 10 years
nse: Finolex cables stock price has gained +320.20 in the last 1 month, +458.50 in the last 1 year, and +885.15 in the last 5 years.
Finolex cables Share Price Targets 2024, 2025, 2026, 2027, 2028, 2030, 2035, 2040, 2050
Here you can know whether to buy or sell Finolex cables stock. Finolex cables share future predictions for 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2035, 2040, 2045 and 2050.
Finolex Cables Future Forecast 2024 to 2050
| year | First Targets (₹) | 2nd targets (₹) |
| 2024 | ₹1300.20 | ₹2000.00 |
| 2025 | ₹2100.67 | ₹2500.80 |
| 2026 | ₹3000.33 | ₹3500.35 |
| 2027 | ₹4000.30 | ₹4500.00 |
| 2028 | ₹5000.45 | ₹6000.55 |
| 2030 | ₹7000.30 | ₹9000.25 |
| 2035 | ₹12000.56 | ₹13000.78 |
| 2040 | ₹15000.89 | ₹20000.90 |
| 2045 | ₹25000.63 | ₹35000.11 |
| 2050 | ₹60,000.90 | ₹70,000.70 |
Finolex cables Share Price Target 2024
Based on the analysis of stock experts, the stock price range is set at ₹1300.20 as the minimum, while after the year, the maximum target price for Finolex cables stock is expected to be ₹2000.00
| year | The first target is Rs. | Another target is Rs. |
| 2024 | ₹1300.20 | ₹2000.00 |
Finolex cables Share Price Target 2025
Based on the analysis of stock experts, the stock price range is set at ₹2100.67 as the minimum, while the maximum target price for Finolex cables stock is expected to be ₹2500.80 later in the year.
| year | The first target is Rs. | Another target is Rs. |
| 2025 | ₹2100.67 | ₹2500.80 |
Finolex cables Share Price Target 2026
Based on the analysis of stock experts, the stock price range is set at ₹3000.33 as the minimum, while after the year, the maximum target price for Finolex cables stock is expected to be ₹3500.35.
| year | The first target is Rs. | Another target is Rs. |
| 2026 | ₹3000.33 | ₹3500.35 |
Finolex cables Share Price Target 2027
Based on the analysis of stock experts, the stock price range is set at ₹4000.30 as the minimum, while the maximum target price for Finolex cables stock is expected to be ₹4500.00 by the end of the year.
| year | The first target is Rs. | Another target is Rs. |
| 2027 | ₹4000.30 | ₹4500.00 |
Finolex cables Share Price Target 2028
Based on the analysis of stock experts, the price range of the stock is set at ₹5000.45 as the minimum, while after the year, the maximum target price for Finolex cables stock is expected to be ₹6000.55.
| year | The first target is Rs. | Another target is Rs. |
| 2030 | ₹5000.45 | ₹6000.55 |
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Finolex cables Share Price Target 2030
Based on the analysis of stock experts, the stock price range is set at ₹7000.30 as the minimum, while the maximum target price for Finolex cables stock is expected to be ₹9000.25 later in the year.
| year | The first target is Rs. | Another target is Rs. |
| 2030 | ₹7000.30 | ₹9000.25 |
Finolex cables share price target 2035
Based on the analysis of stock experts, the stock price range has been set at ₹12,000.56 as the minimum, while by year-end, the maximum target price for Finolex cables shares is expected to be ₹13000.78.
| year | The first target is Rs. | Another target is Rs. |
| 2035 | ₹12,000.56 | ₹13000.78 |
Finolex cables Share Price Target 2040
Based on the stock expert’s analysis, the minimum target price for Finolex cables is set at ₹15,000.89 while the mid-year maximum target price is estimated at ₹20,000.90.
| year | The first target is Rs. | Another target is Rs. |
| 2040 | ₹15,000.89 | ₹20,000.90 |
Finolex cables share price target 2045
Based on the analysis of stock experts, the price range of the stock is set at ₹25,000.63 as a minimum, while the maximum target price for Finolex cables stock is expected to be ₹35,000.11 later in the year.
| year | The first target is Rs. | Another target is Rs. |
| 2045 | ₹25,000.63 | ₹35,000.11 |
Wipro Share Price Target 2050
Based on the analysis of stock experts, the price range of the stock has been set at ₹60,000.90 as the minimum, while after the year, the maximum target price for Wipro stock is expected to be ₹70,000.70.
| year | The first target is Rs. | Another target is Rs. |
| 2050 | ₹60,000.90 | ₹70,000.70 |
About Finolex Cables Limited
Finolex Cables Limited, established in 1958, is a premier Indian manufacturer specializing in electrical and telecommunication cables. Headquartered in Pune, Maharashtra, it serves as the flagship company of the Finolex Group.
Product Range:
- Cables: Electrical and telecommunication cables
- Polyvinyl Chloride Sheets: Used for roofing, signage, and interiors
Financial Highlights:
- Revenue (FY23): ₹4,598 crores (approximately US$580 million)
Subsidiaries:
- Finolex Finance Ltd
- Corning Finolex Optical Fibre Private Limited
- Finolex Wire Products Limited
Finolex Cables Limited – Fundamental Analysis
Finolex Cables Limited has a market capitalization of ₹20,310.35 crore and an enterprise value of ₹20,237.28 crore. The company has 15.29 crore shares outstanding, with a P/E ratio of 36.27 and a P/B ratio of 5.01. The face value of its shares is ₹2, and it offers a dividend yield of 0.61%. The book value per share (TTM) stands at ₹264.83. The company holds ₹73.35 crore in cash and has minimal debt at ₹0.28 crore. Promoters hold 35.92% of the company’s shares. The earnings per share (TTM) is ₹36.61, with a sales growth rate of 18.92%. The return on equity (ROE) is 14.39%, while the return on capital employed (ROCE) is 18.56%. The company’s profit growth rate is 24.01%.
Finolex Cables Limited Shares: Last 5 Years Financials
To enhance our understanding of market performance, let us examine the historical outlook of this stock over the previous years. However, investors should exercise caution by considering the associated risks and prevailing market conditions before making investment decisions.
Last 5 Years Profit Growth Ratio of Finolex cables
Profit Growth:
- 1-year: 24.01%
- 3-year: 7.62%
- 5-year: 6.97%
Finolex Cables Ltd Last 5 Years Return on Equity (ROE)
- 1-year: 14.39%
- 3-year: 12.46%
- 5-year: 13.57%
Finolex Cables Ltd’s last 5 years’ sales growth
Sales Growth:
- 1-year: 18.92%
- 3-year: 15.91%
- 5-year: 9.74%
Finolex Cables Limited Share Peer Company
- Polycab India
- RR Kabel Ltd.
- Diamond Power Infra
What is the future of Finolex cables shares?
Company Fundamental is strong, in a future good return give this stock.
Finolex cables Share Price Summary
Finolex cables 52 week low and 52 week high, Finolex cables all-time high 1363 rs.
Finolex Cables Limited currently holds a market capitalization of ₹20.34KCr, with a price-to-earnings (P/E) ratio standing at 31.78. The dividend yield for the company is at 0.31%. Over the past year, its stock has ranged from a high of ₹1363.30 to a low of ₹1164.00.
Shareholding Pattern of Finolex Cables Shares
| summary | 2024 |
|---|---|
| Promoter | 35.92% |
| FII | 11.87% |
| DII | 15.87% |
| Public | 36.63% |
Should you invest in Finolex cables shares?
Should you invest in Finolex Cables shares? Five analysts have initiated coverage on the company, with three giving it a strong buy rating and two assigning a buy rating. Notably, no analysts have recommended selling the stock. Additionally, Finolex Cables reported a net profit of ₹150.98 crores in its last quarter, indicating strong financial performance.
What is the future of Finolex Cables?
The future of Finolex Cables looks promising, with ambitious targets set for the coming years. By 2024, the company aims to achieve a first target of ₹1,300.20 and a second target of ₹2,000.00. In 2025, these targets rise to ₹2,100.67 and ₹2,500.80 respectively. For 2026, the goals are ₹3,000.33 and ₹3,500.35, and by 2027, Finolex Cables aspires to reach ₹4,000.30 and ₹4,500.00. Looking further ahead, the targets for 2028 are ₹5,000.45 and ₹6,000.55. By 2030, the company aims to hit a first target of ₹7,000.30 and a second target of ₹9,000.25.
conclusion
This article serves as a comprehensive guide to Finolex cables share price targets for 2024, 2025, 2026, 2030, 2040 and 2050 . Information and forecasts are derived from our analysis, research, company fundamentals, historical data, experiences and various technical analyses. This article details the stock’s prospects and growth potential. If you have any further questions feel free to comment below. We are more than happy to answer all your questions. If you find this information helpful, consider sharing the article with as many people as possible.
Disclaimer:
Dear readers, please be informed that we are not authorized by SEBI (Securities and Exchange Board of India). The information provided on this site is for informational and educational purposes only and should not be construed as financial advice or stock recommendations. Further, share price forecasts are intended for reference purposes only and are valid only under positive market conditions.
This study does not take into account any uncertainty regarding the company’s future or current market conditions. While this information is for informational purposes, we disclaim any responsibility for possible financial loss based on the information provided on this site. We aim to provide timely updates about the stock market and financial products to help you make informed investment decisions. It is important to do your research before making any investment decisions.