Finolex Cables is trading 5.22% up at ₹1472.80, mainly amid broader risk-on sentiment following September 21 gains in U.S. equities.
- Falling oil prices and lower Treasury yields also supported the broader risk-on backdrop.
- The advance follows a strong rebound from the September 15 decline.
- No fresh company-specific announcement or exchange filing clearly explains the September 22 move; earlier optimism around optic-fibre demand and capacity expansion remains supportive, but is not a new catalyst.