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Finolex Cables Limited

IncreasedQuarterly

FINCABLESCables - ElectricalsMarket Cap₹22K Cr

Stake

1.59% → 2.37%

Franklin Templeton Mutual Fund

Mutual Fund

The move

Franklin Templeton Mutual Fund increased its stake in Finolex Cables Limited from 1.59% to 2.37%, acquiring 1,187,097 shares. The value of the additional shares is approximately ₹153.38 Cr based on the share price of ₹1291.60.

About Finolex Cables Limited

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A leading manufacturer of electrical and telecommunication cables in India, Finolex produces a diverse range of power, control, and communication cables serving residential, commercial, and industrial segments. With over five decades of operational history, the company maintains strong market presence through its vertically integrated manufacturing facilities, extensive distribution network, and commitment to quality standards across its comprehensive product portfolio.

About Franklin Templeton Mutual Fund

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Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.

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More moves in Finolex Cables Limited

Tata AIA Life InsuranceNew position

Tata AIA Life Insurance took a new position in Finolex Cables Limited, buying 37,38,548 shares worth ₹380.37 crore at ₹1017.30 apiece, for a 2.44% stake.

19 Jul 2026

HDFC Life InsuranceDecreased

HDFC Life Insurance decreased its stake in Finolex Cables from 1.88% to 1.69%, selling 284,019 shares. This reduced its holding from 2,870,297 shares to 2,586,278 shares. The value of shares sold is ₹36.68 Cr, at an average price of ₹1291.60 per share.