Overview:
Finolex Cables Limited is an India-based manufacturer of electrical and telecommunication cables. In the last 5 years, Finolex Cables has been growing at a CAGR of 8.6%. The Company’s main businesses are core to development of infrastructure. The Company is overall benefited from India’s growth story, with the country’s GDP growth expectations around 7.4% and the positive movement to improve infrastructure has given a boost to Finolex Cables. But the commodity price fluctuations have affected the Company in the latest quarters and may also affect the next quarter results. Continue reading