Finolex Cables shares surge over 14% to new high on strong Q4 results; company announces dividend

Finolex Cables shares surge over 14% to new high on strong Q4 results; company announces dividend

Shares of Finolex Cables surged over 14 percent in intra-day deals on Friday to its record high of ₹1,308.25 after the company posted better-than-expected results for the quarter ended March 2024 (Q4FY24). The firm posted a 6.3 percent year-on-year (YoY) increase in its consolidated net profit at ₹186.1 crore for the fourth quarter of FY24 … Read more