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Expansion▲ Bullish for R R Kabel

R R Kabel forays in optical fibre cable business

1 source · first seen 19:24 25 Sept · updated 19:24 25 Sept

The brief

Written from 1 report · check the source before you trade
  • 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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Part of a developing story3 updates

Usha Martin’s optical fibre business sale

Usha Martin approved the sale of U M Cables’ optical fibre manufacturing business undertaking to R R Kabel for ₹77 crore. The acquisition marks R R Kabel’s entry into the optical fibre cable segment.

Friday, 25 September

  1. You are here
    R R Kabel forays in optical fibre cable business
  2. R R Kabel enters optical fibre cable segment with ₹77 crore U M Cables acquisition
  3. Usha Martin sells optical fibre manufacturing business to R R Kabel for Rs 77 crore

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Read the reports

1 report · earliest 19:24
Business StandardR R Kabel forays in optical fibre cable business19:24