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Finolex Cables shares fall 5% after rallying 20% during Muhurat Trading session. More upside ahead?

Finolex Cables shares fall 5% after rallying 20% during Muhurat Trading session. More upside ahead?
Image: The Economic Times (India)

Finolex Cables shares fell after a 20% upper-circuit rally during Sunday's Muhurat Trading session, giving back some of the Rs 3,334 crore market-cap gain. The sharp rally followed a strong Q2 performance, with consolidated net profit rising 68% YoY to Rs 273 crore and revenue growing 65% to Rs 2,269 crore.

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