About RR Kabel Limited Company
Incorporated in 1995, R R Kabel Limited provides consumer electrical products used for residential, commercial, industrial, and infrastructure purposes.
RR Kabel has two broad segments:
Wires and cables including house wires, industrial wires, power cables, and special cables; and
FMEG including fans, lighting, switches, and appliances.
The company undertakes the manufacturing, marketing, and sale of wires and cable products under ‘RR Kabel’ brand, and fans and lights under the ‘Luminous Fans and Lights’ brand.
In 2020, R R Kabel acquired Arraystorm Lighting Private Limited and obtained light emitting diode (LED) lights and related hardware business (LED Lights Business) along with its trademarks and design certificates, to expand their portfolio to cover office, industrial, and warehouse spaces. In 2022, the company acquired the home electrical business (HEB) of Luminous Power Technologies Private Limited, and obtained a limited and exclusive license to use the Luminous Fans and Lights brand for fan and light products for a maximum period of four years with a one-time option to further renew the license for a period of three months and, that includes a right to use 61 registered trademarks, and a portfolio of lights and premium fans, to strengthen our FMEG portfolio.
The company has two manufacturing units located at Waghodia, Gujarat, and Silvassa, Dadra and Nagar Haveli, and Daman and Diu which primarily carry out manufacturing operations of wire and cables and switches. Apart from that, it owns and operates three integrated manufacturing facilities which are located at Roorkee, Uttarakhand; Bengaluru, Karnataka; and Gagret, Himachal Pradesh, which carry out manufacturing operations in respect of FMEG products.
R R Kabel’s clientele comes from both the domestic market and international markets. In the last three months ending June 30, 2023, 71% of its revenue from operations came from the wires and cables segment; and 97% of the revenue from operations came from the FMEG segment, from the B2C channel.
RR Kabel Share Price Target 2023
The stock is estimated to be in the range of 1140 to 1200 for 2023 based on current position and market conditions. This target may be affected by the increasing market demand for their wire and cable products.
RR Kabel Share Price Target 2025
Its share price will increase further, this is because as their economic conditions, industry development and company performance are increasing, their share value will also increase, although no one can give accurate figures, but our team has come up with accurate figures to some extent will give around 1530
RR Kabel Share Price Target 2025 – 2030
While giving such a distant target, we have to look at many things like if the company has the ability to maintain its growth and deal with market challenges, then this company can give in rand of 1450 to 1720 very good targets from 2025 to 2030.
RR Kabel Share Price Target 2040
Finding stock prices for 2040 is naturally a very difficult task as it takes a lot of factors into account such as market dynamics, company’s financial condition and growth which are very difficult to predict accurately. However, our team To some extent, by looking at the patterns and charts of the share, RR can make a correct guess that the share price of Wires Limited will increase significantly around 2170 by 2040. Still, it is important to remember that actual results may differ significantly.
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Disclaimer: This price prediction is only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.