New Delhi, April 23 -- Extending its bull run for the fourth consecutive trading session, shares of Rajratan Global Wire jumped another 18.45% in intraday trade on Wednesday, April 22, hitting a two-month high of Rs.462.75 apiece.
In the previous trading session, the company's shares had locked in the 20% upper circuit limit following the release of its March quarter results (Q4FY25). The consolidated net profit rose 63.3% QoQ in Q4FY24 to Rs.15 crore, although it declined 25% on a YoY basis.
Revenue from operations during the reporting quarter stood at Rs.251 crore, compared to Rs.240 crore in the previous quarter. The company anticipates higher sales volumes driven by continued demand momentum in FY26. Better amortization of fixed cos...
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