RR Kabel soars over 5% after cable manufacturer reports strong Q2 results
The stock of one of India's leading cable manufacturers was higher by 5.44 per cent, or Rs 76.35, at Rs 1,480.00, at 10:16 am on Tuesday.
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RR Kabel Share Price: RR Kabel shares had a rousing start in morning deals on BSE on Tuesday (November 7, 2023) after the cable company reported strong second-quarter results on Monday.
The stock of one of India's leading cable manufacturers was soaring 5.44 per cent, or Rs 76.35, at Rs 1,480.00, at 10:16 am on Tuesday.
The company's profit for the September quarter was two times higher while its revenue jumped by 18 per cent.
The company's EBIDTA skyrocketed by 88 per cent and the margin stood at 7.5 per cent.
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