The results were announced during the market hours today 20 July 2007.

The BSE 30-share Sensex, meanwhile, was up 90.08 points, or 0.58%, to 15,639.

The scrip had hit a high of Rs 102.4 and a low of Rs 97.6 so far during the day. It had touched 52 week high of Rs 109.98 on 2 January 2007 and a 52 week low of Rs 49.20 on 24 July 2006.

Finolex Cables stock had risen 6.75% over the last one month to 19 July 2007 compared to the Sensex’s return of 7.90%. The scrip had underperformed the market over the past quarter, rising 3.94% compared to the Sensex’s gain of 11.89%.

The share price rose 9.58% from Rs 90.20 on 5 July 2007 to Rs 98.85 on 19 July 2007.

On BSE, 78,404 shares were traded on the counter today. The scrip had an average daily volume of 35,975 shares in the past one quarter.

The company’s current equity is Rs 30.59 crore, with 15.295 crore outstanding shares of a face value of Rs 2.

The current market price of Rs 136.25 discounts its FY 2007 EPS of Rs 4.51, by a PE multiple of 5.60.

Finolex Cables net profit rose 41% to Rs 31.81 crore in Q1 June 2007 over Q1 June 2006. Total income rose 45.15% to Rs 327.03 crore in Q1 June 2007 over Q1 June 2006.

The company produces a variety of cables and is a pioneer in jelly-filled telephone cables. It is the second largest company in terms of sales in telephone cables manufacturing sector.