I think the fundamentals are still very intact. The business momentum is exceedingly strong and so, I think Finolex Industries, Polycab.

2 stocks Chakri Lokapriya is bullish on for near term

Prabhudas Lilladher recommended accumulate rating on Finolex Industries with a target price of Rs 197 in its research report dated July 20, 2023.

Accumulate Finolex Industries; target of Rs 197: Prabhudas Lilladher

ICICI Securities is bullish on Finolex Industries recommended buy rating on the stock with a target price of Rs 230 in its research report dated July 21, 2023.

Buy Finolex Industries; target of Rs 230: ICICI Securities

“Overall economic recovery in both the rural and the urban segments has led to a strong demand which in turn, is driving volume growth in pipes and fittings segment” said Prakash P Chhabria, Executive Chairman, Finolex Industries Limited.

Finolex Industries gains 3% over solid increase in net profit for Q1FY24

As per the current market capitalisation, it is the third-largest PVC player in the country and accounts for almost 17 percent of market share by capacity.

Finolex Industries net profit rises 16% YoY in Q1FY24

CD Equisearch is bullish on Finolex Industries has recommended buy rating on the stock with a target price of Rs 150 in its research report dated June 26, 2023.

Buy Finolex Industries; target of Rs 150: CD Equisearch

Stocks In Focus | ITI , BPCL , Shree Cement, Finolex Industries and more | BQ Prime #TurtleWealth’s Rohan Mehta shares his views on the stocks buzzing in trade today. #StocksInFocus #BQLive #TurtleWealth’s Rohan Mehta shares his views on the stocks buzzing in trade today.

Stocks In Focus | ITI , BPCL , Shree Cement, Finolex Industries and more | BQ Prime

See, again, it is a tough call. We would ideally like the PVC EDC spread as well as PVC VCM spread to be a little bit higher than what it is right now. The current prices of PVC are at around 75 rupees per kg and the PVC EDC spread also lags behind the PVC prices by a little bit.

We are expecting 10 to 15% growth in both pipes and fittings segment: Ajit Venkataraman, Finolex Industries

Prabhudas Lilladher recommended accumulate rating on Finolex Industries with a target price of Rs 194 in its research report dated May 23, 2023.

Accumulate Finolex Industries; target of Rs 194: Prabhudas Lilladher

Finolex Industries posted decent volume growth slightly below expectations, mainly due to agricultural pipe segment.

Finolex Industries Q4 Results Review - Result In-Line, Margin Improved While Soft Volume: Prabhudas Lilladher

Q4 Review: Finolex Industries Reports Mixed Earnings #FinolexIndustries’ revenue misses estimates despite the profit beating expectations.In conversation with CEO Ajit Venkataraman. #Q4WithBQ #FinolexIndustries’ revenue misses estimates despite the profit beating expectations.

Q4 Review: Finolex Industries Reports Mixed Earnings

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Finolex Industries Limited is a manufacturer of polyvinyl chloride (PVC) pipes & fittings and PVC resins. The Company offers its products across agricultural pipes & fittings and plumbing & sanitation pipes categories.