Shares of RR Kabel hit their record high in intra-day deals on Tuesday after the company's net profit more than doubled in the September quarter of FY24. The RR Kabel stock was listed on the exchanges on September 20 at ₹1,180, a 14 percent premium over the issue price of ₹1,035. The firm's consolidated net profit surged 112 percent to …
Ram Ratna Wires, a leading manufacturer of high-quality winding wires, on Wednesday, received approval from the board of directors to sell over 13.64 lakh equity shares in R R Kabel through an initial public offering. In its regulatory filing, Ram Ratna said, the board of directors has considered and approved the proposal for the sale of its equity investment held …
