The fund-raising will be done through qualified institutions placement (QIP) or any other permissible modes and/or combinations.
Revenue from operations also saw growth, rising by 10.9% to ₹1,301.5 Crore from ₹1,174.1 Crore in the corresponding period of the previous fiscal year
The sterling fell to $1.2696, extending its downward trend after it touched $1.2801 on Tuesday for the first time since March 21.
The company saw an 18.3% increase in revenue compared to the same quarter last year (YoY).
RR Kabel Ltd, a part of RR Global Group, is a prominent player in the Indian consumer electrical industry, specializing in wires and cables
Man Industries specializes in producing submerged arc welded carbon steel pipes with large diameters, making it a key player in the global line pipe market.
The BSE midcap index decreased by 0.4%, while the smallcap index increased by 0.2%.
This indicates that broader market sentiment may continue to be influenced by both domestic and global factors.
Returns tell just one part of the story, so we look at the returns adjusted for risk to get a clearer picture across funds
The company’s board has recommended a dividend of ₹3.6 per share, with June 21 set as the record date to determine the eligibility of shareholders.

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