The stock also recorded a breakout from the neckline of a head and shoulder pattern on the weekly charts which augers well for the bulls. This is the second breakout from the said pattern since September.
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