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CRISIL`s ratings on Finolex Cables debt programmes continue to reflect the company`s strong brand name and leadership position in the light duty order phentermine pay with echeck cable (LDEC) market, its diversified revenue profile, and integrated operations. These rating strengths are partially offset by the susceptibility of the company`s profit margins to fluctuating copper prices. The strengths are also tempered to an extent by Finolex Cables investments in new business initiatives, which is likely to delay correction in financial risk profile. Finolex Cables is India`s leading manufacturer of LDECs, with a market share of around 30% of organised market. With its strong brand name and robust distribution network, the company is poised to benefit from the growing business opportunities for LDECs. The company has ventured into the order phentermine pay with echeck switches, compact fluorescent lamps, and high voltage power cables businesses. Increasing exports are also expected to enhance the diversity in Finolex Cables revenue profile. Finolex Cables proposes to invest around Rs 2.5 billion, spread over a period of three years, in expansions: in addition to the second phase of the LDEC plant at Roorkee, the company plans to expand its capacities in high voltage power cables, order phentermine pay with echeck switches, and compact fluorescent lamps. CRISIL expects Finolex Cables to successfully execute its planned expansions. However, a significant portion of the capex may be funded by debt. Consequently, Finolex Cables debt protection measures may weaken over the near to medium term. The company`s financial risk profile is underpinned by its strong financial flexibility. Its strong liquidity (it had Rs 1.6 billion in cash and marketable securities as on Mar. 31, 2007) supports debt protection measures that are currently sub par for its rating category. The company is expected to maintain marketable securities and cash equivalents of Rs 1 billion on an ongoing basis over the medium term. Shares of the company gained Rs 2.65, or 2.72%, to settle at Rs 100.05. The total volume of shares traded was 367,376 at the BSE. (Tuesday) ... order phentermine pay with echeck