The stock, currently priced at ₹785.00, recorded a day change of -0.99%, closing below its previous close of ₹792.85. Over the past week, Finolex Cables . showed a marginal decline of 0.18%, contrasting with the Sensex's 0.96% gain in the same period. Monthly returns reveal a slight positive movement of 0.32%, while the benchmark index advanced by 0.86%. However, year-to-date and one-year returns for the stock stand at -33.51% and -29.92% respectively, compared to Sensex returns of 8.36% and 9.48%, highlighting a divergence from broader market trends.
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From a technical perspective, Finolex Cables . has shifted from a mildly bearish to a bearish trend overall. The Moving Averages on a daily basis signal a bearish stance, while the weekly MACD indicator remains mildly bullish, contrasting with a bearish monthly MACD. The Relative Strength Index (RSI) on both weekly and monthly charts currently shows no definitive signal, suggesting a neutral momentum in the short to medium term.
Bollinger Bands analysis reveals a mildly bearish pattern on the weekly timeframe and a bearish pattern monthly, indicating increased volatility and potential downward pressure. The KST (Know Sure Thing) indicator aligns with a bearish outlook on both weekly and monthly scales. Dow Theory assessments show no clear trend weekly but mildly bearish conditions monthly. Meanwhile, On-Balance Volume (OBV) reflects no trend weekly and mildly bearish signals monthly, hinting at subdued buying pressure.
Finolex Cables .’s 52-week price range spans from ₹720.05 to ₹1,343.25, with the current price closer to the lower end of this spectrum. This positioning may be indicative of the stock’s recent performance challenges relative to its historical highs.
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Market capitalisation grading places Finolex Cables . at a moderate level within its sector, with a current grade of 3. The Mojo Score stands at 50.0, reflecting an adjustment in evaluation from a previous grade of Sell to Hold as of 17 Nov 2025, triggered by technical parameter changes noted on 19 Nov 2025. This revision underscores the evolving technical landscape and the need for investors to monitor momentum shifts closely.
Longer-term returns present a more favourable picture, with three-year returns at 48.13% outperforming the Sensex’s 37.31%, and five-year returns at 181.26% exceeding the benchmark’s 91.65%. Over a decade, the stock’s return of 206.16% trails slightly behind the Sensex’s 232.28%, suggesting that while recent performance has been subdued, the company has delivered substantial value over extended periods.
In summary, Finolex Cables . exhibits a complex technical profile characterised by bearish momentum signals in several key indicators, tempered by some neutral or mildly bullish elements on shorter timeframes. The divergence between technical signals and recent price performance highlights the importance of a nuanced approach to evaluating this stock within the Cables - Electricals sector.
Investors should consider these technical parameter changes alongside broader market conditions and sectoral trends when analysing Finolex Cables . for portfolio decisions.
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