That would continue to weigh on its stock as exports, hitherto the mainstay of the maker of Pulsar and Platina, are unlikely to rebound quickly due to the macroeconomic headwinds faced by African nations that give the bulk of the business to the Pune-based automaker.
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