Is Finolex Cables Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Finolex Cables Limited pays dividends. Last time was Sunday 27th of October 2024 where the investors holding the stock on Wednesday 18th of September 2024 were paid INR8 per share. Over the last 23 times between 2002 and 2024, Finolex Cables Limited has paid INR78.8 with an average of INR3.43 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Finolex Cables Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR373.10, you would have made a profit of INR1 040.15 per share or 278.79%
Yes, the average daily trading liquidity for Finolex Cables Limited is INR205 338 thousand. You should therefore be able to get in and out of your positions relatively fast.
Finolex Cables Limited has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 22.17, the company's ability to pay off the debt is good. Finolex Cables Limited has a good net profit margin of 13.00% and should have high tolerances against inflation.
We have calculated the inflation risk for Finolex Cables Limited to be low [0.1 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.