R R Kabel forays in optical fibre cable business
- R R Kabel is entering the optical fibre cable business
- It acquired U M Cables' business undertaking
- The new business could add growth avenues for R R Kabel shareholders
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RRKABEL
R R Kabel Limited · ₹2,528.3 −0.1% on 25 Sept · 1M −10.0% · 3M +1.0% · 2 stories in 60 days · 2 positive · 0 negative
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R R Kabel enters optical fibre cable segment with ₹77 crore U M Cables acquisition
- R R Kabel acquired U M Cables for ₹77 crore, entering optical fibre cables
- R R Kabel shares ended at ₹2,531, down 0.045%
- R R Kabel investors gain exposure to the company’s move into optical fibre cables