RR Kabel shares jump 8% in Muhurat Trading
In short
RR Kabel shares rose 8% to ₹2,073 in Sunday’s Muhurat Trading session. The stock saw unusually high volumes even as the wider market was weak.
The move came after the shares had recently dropped on subdued FY27 growth guidance. The company’s September-quarter profit rose 55.7%, and revenue increased 51.8% from a year earlier.
What the reporting says
RR Kabel shares rose 8% to ₹2,073 during Sunday’s Muhurat Trading session, with unusually high volumes helping the stock outperform a weak market. The move came after the shares had recently fallen on subdued FY27 growth guidance. Even so, the company had reported a 55.7% rise in September-quarter profit and a 51.8% year-on-year increase in revenue.
Why it matters
RR Kabel shares gained 8% to ₹2,073 in Sunday’s Muhurat Trading session, supported by unusually high trading volumes. The stock had recently been under pressure after subdued FY27 growth guidance, even though September-quarter results showed a 55.7% rise in profit and a 51.8% increase in revenue year on year. The brief points to a sentiment-driven rebound in the stock within a weak market.