Should you buy Finolex Cables ? Fundamental Analysis
Should you buy Finolex Cables ? Fundamental Analysis Finolex is a Company founded in the year 1958 by the Chhabria Brothers. Initially setting up a Small shop for selling the Electrical Cables, then moved to Manufacturing for Industrial Cables. They started their industrial unit to manufacture PVC insulated cables especially for the Automobile sector. On the rapid growth, the company went for the expansion and modernization in its segment. Finolex Industries Limited (FIL) was established in 1981 to manufacture Rigid PVC pipes and fittings for the Agriculture sector. In 1983, Finolex Cables were transformed into Public listed Company. The Company went in collaboration with the World's best companies in the field, it has expanded it's business to include Jelly Filled Telephone Cables, Optical Fibre and Copper Rod. Finolex has been a leading Manufacturer of Optical Fibre, Fibre Glass, Lighting and Electrical Switches Since 2000. In 2011, the company entered into a joint venture wi...