India's Finolex Industries eyes best session in 14 months on upbeat Q4 results

Finolex Industries

27/05/2026 08:37

** Shares of pipes and fittings manufacturer Finolex Industries FINX.NS jump as much as 12.50%, the biggest intraday percentage rise in 14 months, to 200.4 rupees    
** FINX posts about 59% year-on-year growth in consolidated profit and 12% rise in revenue in the March quarter, after market hours on Tuesday
** Operating profit margin expands to 25.3% in the quarter from 14.6% last year
** Revenue growth in Q4 was aided by better realisations while liquidity of the company remains strong, FINX says
** Stock most active in 14 months, with trading volume of 24,918,445 shares as of 1:00 p.m. IST, about 65 times the 30-day average
** Average rating of 15 analysts tracking FINX is "buy"; median price target is 200 rupees, data compiled by LSEG shows
** FINX shares are up 11.5% YTD, according to exchange data 

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))