913.35
2.07%
Karvy
Outshines on Lower Raw Material Prices: Net sales for Q2FY17 were Rs. 6142 Mn as against Rs. 6405 Mn for Q2FY16 representing a 4.1% YoY decline in value terms. The low growth in sales was primarily due to fall in pricing. In volume terms, however there was a 18.0% growth in Electrical cables, 2.0% growth in high voltage power cables and in communicationcables there was a growth of more than 12.0%.
Finolex Cables Ltd. is trading below its 50 day SMA of 917.1
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