Finolex Cables has announced a board meeting on May 28, 2026, where they will evaluate their financial performance for the fiscal year ending March 31, 2026, and may propose a dividend distribution.
Finolex Cables Limited
FINCABLESPrice History
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Finolex Cables experienced a significant 11.45% increase today, closing at Rs.943.60, compared to the previous close of Rs.846.65. This jump surpassed the Sensex's 2.33% gain and was attributed to technical momentum, favorable analyst assessments, and improved fundamental metrics.
Finolex Cables aims to expand its operations in the Northeast, particularly in Assam, capitalizing on the government's infrastructure development initiatives. The improved regional connectivity supports Finolex's long-term objectives for market growth in this area.
Finolex Cables has been ordered to pay a significant GST sum of INR 29.5 crores by Central GST, Dehradun. The company intends to challenge this demand, claiming the order lacks justification and is unjustified.