The results were announced after the trading hours on Monday, 22 October 2007.

Meanwhile, BSE Sensex was up 531.89 points or 3.02% to 18,145.88. The market surged after the market regulator Securities Exchange Board of India after trading hours on Monday, 22 October 2007, provided partial breather with respect to proposed restrictions on use of participatory notes and said it would speed up regulatory clearance for foreigners keen to invest transparently.

On BSE 39,344 shares were traded in the counter. The scrip had an average daily volume of 81,768 shares in the past one quarter.

The stock hit a high of Rs 69.60 and a low of Rs 68.10 so far during the day. The stock had touched a 52 week high of Rs 109.98 on 2 January 2007. It hit a 52 week low of Rs 62.55 on 16 October 2007.

Finolex Cables had underperformed the market over the last one month till 19 October 2007, declining 10.54% compared to the Sensex’s return of 7.41%. It had also underperformed the market in the past one quarter, declining 26.73% compared to Sensex’s rise of 12.81%.

The company’s current equity is Rs 30.59 crore. Face value per share is Rs 2.

The current price of Rs 68.50 discounts Q1 June 2007 annualized EPS of Rs 8.32 by a PE multiple of 8.23.

Finolex Cables' sales rose 42.61% to Rs 344.92 crore in Q2 September 2007 over Q2 September 2006.

The company manufactures and distributes a wide range of communication and electrical cables.