Buy R R Kabel, target price Rs 1857: Prabhudas Lilladher

Prabhudas Lilladher has buy call on R R Kabel with a target price of Rs 1857. The current market price of R R Kabel Ltd. is Rs 1418.25.

R R Kabel Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 15963.85 Crore) operating in General sector.

R R Kabel Ltd. key Products/Revenue Segments include Electrical Appliances, Scrap, Export Incentives and Processing Charges for the year ending 31-Mar-2023.



Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 1645.76 Crore, up 1.31 % from last quarter Total Income of Rs 1624.43 Crore and up 10.96 % from last year same quarter Total Income of Rs 1483.26 Crore. Company reported net profit after tax of Rs 70.93 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 62.76 per cent stake in the company as of 31-Dec-2023, while FIIs owned 4.69 per cent, DIIs 8.83 per cent.