Small-cap gem: Sets new safety benchmark with Firex LS0H-EBXL; The future of electrical wiring!
The stock has experienced significant buying activity, yielding returns of more than 28 per cent in just 3 months.
Today, the shares of RR Kabel Limited soared by 1.83 per cent. The company's current market capitalization standing at Rs 19,923.23 crore.
Stock performance:
On Wednesday, the stock opened at Rs 1768.95, with the previous closing being Rs 1734.25. The 52-week high and low are Rs 1,903.30 and Rs 1,137.60, respectively as per BSE.
Recent Development:
R R Kabel Limited has announced the launch of the Firex LS0H-EBXL, a revolutionary innovation in house wire solutions. Engineered with cutting-edge technology and a commitment to safety, the Firex LS0H-EBXL sets a new standard for electrical wiring in both residential and commercial settings.
The Firex LS0H-EBXL (Low Smoke Zero Halogen) – EBXL (Electron Beam Cross Linked) represents a significant breakthrough in electrical safety, utilizing an innovative electron beam cross-linked compound that is completely halogen-free and capable of withstanding temperatures up to an impressive 900°C.
Management comment:
Mr Shreegopal Kabra, Managing Director of RR Kabel, expressed his enthusiasm, stating, "RR Kabel has consistently pioneered product innovations that positively impact people's lives. Firex LS0H-EBXL is another stride in this direction, exemplifying our commitment to innovation, safety, and sustainability."
Firex LSOH-EBXL, unlike PVC based counter parts, is not only chlorine free but its non-toxic, non-corrosive & offers safety tenfold.
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About the Company:
Incorporated in 1995, RR Kabel offers consumer electrical products for residential, commercial, industrial, and infrastructure use. The company operates in two major segments: wires and cables, including house wires, industrial wires, power cables, and special cables; and Fast-Moving Electrical Goods (FMEG), which includes fans, lighting, switches, and appliances.
Furthermore, the stock has experienced significant buying activity, yielding returns of more than 28 per cent in just 3 months.
Disclaimer: The article is for informational purposes only and not investment advice.