RR Kabel TVC highlights luminous fans' makeover to RR Signature
R R Kabel Limited, one of India's leading wire and cable manufacturers, proudly announces the rebranding of Luminous Fans to RR Signature Fans.
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R R Kabel Limited, one of India's leading wire and cable manufacturers, proudly announces the rebranding of Luminous Fans to RR Signature Fans.
Experts hope to see the Nifty 50 at 22,600 in an immediate term and 22,800 in the short term, with support at 22,400, and then at 22,200. But, in between, the 22,500 level is likely to be crucial in determining the subsequent direction in the market
“While we achieved a commendable 10.4% year-over-year increase in revenue, the company experienced a slight decline in Profit After Tax (PAT) and a dip in our EBITDA margin below the 7% mark. The main factor impacting our margins in Q3 FY24 was the volatility in raw material prices, which exerted pressure on our gross margins.”
Prabhudas Lilladher recommended hold rating on R R Kabel with a target price of Rs 1857 in its research report dated January 30, 2024.
R R Kabel Ltd. key Products/Revenue Segments include Electrical Appliances, Scrap, Export Incentives and Processing Charges for the year ending 31-Mar-2023.