Why did RR Kabel share rally 8% during Muhurat Trading despite weak market sentiment — what triggered the surge?
60-Word AI Digest
RR Kabel shares rose 8% to ₹2,073 during Sunday’s Muhurat Trading session, helped by unusually high volumes despite broader market losses. The stock had recently weakened after subdued FY27 growth guidance, although September-quarter profit increased 55.7% and revenue rose 51.8% year on year.
Key Takeaways
- RR Kabel shares rose 8% to ₹2,073 during Sunday’s Muhurat Trading session, helped by unusually high volumes despite broader market losses.
- The stock had recently weakened after subdued FY27 growth guidance, although September-quarter profit increased 55.7% and revenue rose 51.8% year on year.
- Full details and original dispatch available below.
RR Kabel shares rose 8% to ₹2,073 during Sunday’s Muhurat Trading session, helped by unusually high volumes despite broader market losses. The stock had recently weakened after subdued FY27 growth guidance, although September-quarter profit increased 55.7% and revenue rose 51.8% year on year.
Original Publisher Attribution
This summary was curated from Livemint.