46.09% Jump Since Listing: Electrical Stock Set To Consider Dividend, Results Next Week

Small cap company engaged in electrical and cables, R R Kabel shares witnessed decline of 0.92% to settle at Rs 1722.35 per share. RR Kabel shares were listed on BSE on September 20, 2023 and began trading at Rs 1179 per share, indicating a jump of 46.09%. Board of Directors of R R Kabel will hold meeting on October 24, 2024 to consider financial results and interim dividend. R R Kabel has fixed November 1, 2024 as the record date for interim dividend. The company's market capitalisation stood at Rs 19,472.30 crore. R R Kabel shares gained 22% in last 1-year span. Check key details below:

R R Kabel To Consider Financial Results, Interim Dividend: As per the exchange filing of R R Kabel dated October 19, 2024, "the meeting of the Board of Directors of the Company is scheduled on 24/10/2024, inter alia, to consider and approve Unaudited quarterly and half-yearly financial and Declaration of Interim Dividend."

RR Kabel Sets Record Date For Interim Dividend: The BSE filing added, "In continuation to our intimation letter dated 17 October 2024 and pursuant to Regulation 42 of the SEBI LODR Regulations, the Company has fixed the 'Record Date' for payment of an interim dividend as November 1, 2024."

R R Kabel Shares Performance: The 52-week high price of R R Kabel shares on BSE is Rs 1903.30 per share (as on 27/05/2024) and 52-week low price is Rs 1310.00 (as on 23/10/2023), respectively. R R Kabel shares slipped 3.31% in last 3-months and gained 9% in 2024, and soared 22% in last 1-year.

RR Kabel Dividend History: R R Kabel recommended 2 dividends since November 17, 2023. In last 1-year, R R Kabel recommended an equity dividend amounting to Rs 6.00 per share. At the current share price of Rs 1722.35, R R Kabel offers a dividend yield of 0.35%.

Shareholding: FII/FPI have increased holdings from 6.54% to 7.35% in Sep 2024 qtr. Number of FII/FPI investors increased from 85 to 93 in Sep 2024 qtr. Mutual Funds have increased holdings from 9.49% to 9.89% in Sep 2024 qtr. Institutional Investors have increased holdings from 20.07% to 21.69% in Sep 2024 qtr. Hdfc life insurance company limited has 1.53% stake in RR Kabel.

R R Kabel About: It is one of India's largest conglomerates in the electrical sector. Spread across multiple business verticals including wires & cables, switches, fans, lighting, switchgears & appliances, it continues to endeavor to create top-quality products using futuristic advances in design and engineering. It offers an extensive range of products used for residential, commercial, industrial, and infrastructure purposes, according to its official website.

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