R R Kabel has debuted at Rs 1179.00 on the BSE, up by 144 points or 13.91% from its issue price of Rs 1035.
The scrip is currently trading at Rs 1152.75, up by 117.75 points or 11.38% from its issue price. It has touched a high and low of Rs 1198.05 and Rs 1137.60 respectively. So far 5.16 lakh shares were traded on the counter.
The offering, which was open for subscription between September 13, 2023 and September 15, 2023 was subscribed 18.69 times. The issue price was fixed at Rs 1035 per share i.e. at upper end of price band of Rs 983-1035 apiece.
R R Kabel, part of RR Global Group, is a leading company in the Indian consumer electrical industry comprising wires and cables and fast-moving electrical goods.
Company Name | CMP |
---|---|
Polycab India | 6723.00 |
Sterlite Technologie | 126.30 |
KEI Industries | 4100.00 |
RR Kabel Ltd. | 1710.00 |
Finolex Cables | 1443.25 |
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