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

Q4 Results Impact: Finolex Industries shares climb 9.6% to new high

Q4 Results Impact: Finolex Industries shares climb 9.6% to new high

Shares of Finolex Industries surged 9.6 percent in intra-day deals on Tuesday to their record high of ₹297.55 apiece after the firm announced its March quarter (Q4FY24) results. The firm posted about a 2 percent year-on-year (YoY) rise in its standalone profit after tax to ₹161.43 crore in Q4FY24 on the back of higher revenues … Read more