Hot Pursuit     04-May-12
Finolex Cables gallops on stellar Q4 outcome
Finolex Cables jumped 9.20% to Rs 36.80 at 09:24 IST on BSE after net profit surged 138.5% to Rs 44.56 crore on 12.2% rise in net sales to Rs 596.73 crore in Q4 March 2012 over Q4 March 2011.

The result was announced after market hours on Thursday, 3 May 2012.

Meanwhile, the BSE Sensex was down 35.52 points, or 0.21% to 17,115.67

On BSE, 1.18 lakh shares were traded in the counter as against average daily volume of 30,564 shares over the past one quarter.

The stock hit a high of Rs 37.40 and a low of Rs 35.65 so far during the day. The stock had hit a 52-week low of Rs 21 on 13 December 2011. The stock had hit a 52-week high of Rs 54 on 29 July 2011.

The small-cap stock had outperformed the market over the past one month till 3 May 2012, rising 2.59% compared with the Sensex's 2.54% fall. The scrip had also outperformed the market in past one quarter, falling 0.74% as against Sensex's 2.58% fall.

The company has an equity capital of Rs 30.59 crore. Face value per share is Rs 2.

Finolex Cables' net profit rose 13.1% to Rs 98.19 crore on 1.5% rise in net sales to Rs 2038.47 crore in the year ended March 2012 over the year ended March 2011.

The company's board of directors recommended a dividend of Rs 0.80 per share for the year ended 31 March 2012.

Finolex Cables is leading manufacturer of electrical and communication cables.

Previous News
  Finolex Cables Ltd leads gainers in 'A' group
 ( Hot Pursuit - 24-May-24   12:00 )
  Volumes spurt at JK Lakshmi Cement Ltd counter
 ( Hot Pursuit - 24-May-24   11:00 )
  Hindustan Oil Exploration Company Ltd leads gainers in 'A' group
 ( Hot Pursuit - 28-Sep-23   12:00 )
  Finolex Cables hits record high after reporting positive Q4 numbers
 ( Hot Pursuit - 24-May-24   12:54 )
  Finolex Cables consolidated net profit declines 2.16% in the December 2023 quarter
 ( Results - Announcements 09-Feb-24   15:04 )
  Volumes soar at Finolex Cables Ltd counter
 ( Hot Pursuit - 28-Sep-23   14:30 )
  Board of Finolex Cables approves delisting of GDRs from Luxembourg Stock Exchange
 ( Corporate News - 09-Feb-24   14:31 )
  Finolex Cables consolidated net profit declines 19.28% in the September 2020 quarter
 ( Results - Announcements 11-Nov-20   16:48 )
  Finolex Cables consolidated net profit rises 33.94% in the March 2022 quarter
 ( Results - Announcements 28-May-22   15:48 )
  Volumes jump at Finolex Cables Ltd counter
 ( Hot Pursuit - 19-Feb-20   14:30 )
  Finolex Cables to announce Quarterly Result
 ( Corporate News - 03-Nov-23   17:11 )
Other Stories
  RVNL gains on emerging as L-1 bidder for Rs 133-cr railway project
  03-Jul-24   15:38
  Cholamandalam Financial Holdings Ltd leads losers in 'A' group
  03-Jul-24   15:00
  Sakuma Exports Ltd leads losers in 'B' group
  03-Jul-24   14:45
  NTPC power generation climbs 9.5% YoY in Q1
  03-Jul-24   14:41
  Volumes soar at MMTC Ltd counter
  03-Jul-24   14:30
  Oil and Gas shares fall
  03-Jul-24   14:00
  Real Estate stocks edge lower
  03-Jul-24   14:00
  Energy stocks edge lower
  03-Jul-24   14:00
  Sundaram-Clayton gains after board OKs to raise funds upto Rs 400 cr
  03-Jul-24   13:38
  JSW Infra's subsidiary concession agreement V.O. Chidambaranar Port Authority
  03-Jul-24   13:34
Back Top