The stake has been acquired by Envestcom Holding RSC. Envestcom holds stakes in other Adani companies such as Adani Energy Solutions and Adani Total Gas. As of December 2024, Envestcom Holding held 55,200,000 shares in Adani Energy Solutions, representing a 4.60% stake and 54,593,600 shares in Adani Total Gas, representing a 4.964% in the company.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires