Finolex Cables shares jump 14% in Muhurat Trading 2026 Diwali session day - here's why | Stock up 59% YTD | Key levels
Finolex Cables moved higher in a quarterly results development for Q2 FY27.
· LiveMint Markets
Finolex Cables shares rose 14% during Muhurat Trading after Q2 FY27 net profit climbed 67.5% to ₹273 crore, revenue increased 65% to ₹2,269 crore, and EBITDA more than doubled. Growth was driven by higher cable volumes and improved communication-segment realisations.
Key facts
- Period
- Q2 FY27
The analysis
Finolex Cables reported ₹273 crore and ₹2,269 crore for Q2 FY27, with movement of 14%, 59% and 65% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +12.8% on the day at ₹1,230.90, and has returned +27.8% over three months. It sits 17% below its 52-week high. The capital goods & engineering sector has moved -7.6% over the same period, so Finolex Cables is running 35.4 points ahead of its peers.
For Finolex Cables, the question is how much of this is already reflected in the price and how much re-rates the capital goods & engineering peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Finolex Cables (FINCABLES), in Capital Goods & Engineering.
- Over three months: Finolex Cables +27.8% against Capital Goods & Engineering -7.6% (35.4 points ahead).
- Trading well above normal today: Finolex Cables at 4.6 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Finolex CablesFINCABLES · Capital Goods & Engineering | ₹1,230.90 | +12.8% | -6.7% | +27.8% | -17.0% | 4.6× | — |
Capital Goods & Engineering
1M -5.7% · 3M -7.6%
Finolex Cables
Prices as of 9 Nov 2026, 10:53 IST. Sector moves are the average of the stocks we track in each sector.
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