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4 min read | Updated on June 18, 2026, 14:54 IST
SUMMARY
RR Kabel shares surged 7% to their 52-week high on June 18 due to high volumes and investor interest as analysts now focus on tailwinds for the overall cables and wires sector growth.
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RR Kabel shares have gained over 56% so far in the calendar year 2026. | Image: rrkabel.com
Cables and wire manufacturer, RR Kabel, share price surged 7% during the intraday trading session on Thursday, June 18, on high volumes and increased stock market investor demand as analysts predict the sector is expected to witness major tailwind support from infrastructural growth.
Shares of RR Kabel rose 7% to ₹2,365 during the trading session on Thursday, compared to ₹2,209.80 at the previous stock market close, according to NSE data. The trading volumes of the company shares surged past 1.6 million across both exchanges on June 18.
Experts predict that the cables and wire sector is expected to witness healthy demand in the market due to the ongoing infrastructure expansion and electrical push in the country, with key focus on the company's margin trajectory and amid improving raw material costs.
As RR Kabel shares hit a 52-week high, the key focus of analysts shifts towards the broader strength visible across the wires and cables industry, which is expected to witness high demand with the rising consumer needs.
Harshal Dasani, Business Head, INVAsset PMS, explained that the capex revival across sectors like industrial, power, renewable energy and data centre is expected to fuel the demand for regular and speciality cables in the market.
“The sector is sitting at the intersection of multiple tailwinds: the real estate completion cycle driving sustained consumer wire demand, the capex revival across industrial, power, and data centre infrastructure feeding the cable side, and the renewable energy build-out adding incremental demand on high-voltage and speciality cables,” said Dasani.
Experts believe that this surge in demand is expected to reflect in RR Kabel’s margins and the company's costs as the raw material prices stabilise in the market due to the easy supply chain conditions.
Latest financial statements showed that the company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) margins expanded 10 basis points to 8.9% in the March quarter of FY26, from 8.8% in the same period last year.
Experts believe that the demand will also witness support from the major structural growth sectors like railways, telecommunications, and industrials, who are looking to spend more on their capex expansion.
“The honest qualifier is that valuations across the wires and cables space have moved meaningfully off their listing-era discounts and are no longer cheap. The 52-week high needs to be read alongside the multiple expansions that have already played out,” said Dasani.
However, stock market investors also need to be cautious about the growth sustainability, as it will depend on the company’s ability to maintain and improve its margin recovery against any potential price action in the market.
The consolidated financial statements of RR Kabel showed that the company’s net profit after tax (PAT) advanced 30% to ₹167.95 crore in the January to March quarter of the year ended 2025-26, from ₹129.12 crore in the same period a year ago.
The revenue from core operations surged 33% to ₹2,964 crore in the fourth quarter of the year ended 2025-26, compared year-on-year (YoY) with ₹2,217 crore in the same period a year ago.
RR Kabel has two main business operations, namely the wires & cables business and the fast-moving electrical goods (FMEG) business. However, the core wires & cables operations fuel the majority of the revenues in a period.
Wires & cables business revenues advanced by 36% to ₹2,666 crore in the fourth quarter, compared to ₹1,956 crore in the same period a year ago. While the FMEG operation revenues rose 13% to ₹297 crore, from ₹261 crore a year ago.
RR Kabel shares have delivered more than 72% returns on their investment in the last one year period, and have gained over 56% so far in the calendar year 2026, according to the exchange data.
The cable-maker’s shares have surged 18% in the past one month, and were trading 8% higher over the last five market sessions on NSE.
While shares of RR Kabel rose to their 52-week high on Thursday’s trading session, the 52-week low was at ₹1,165 on August 29, 2025, according to the exchange data. The company’s market capitalisation (m-cap) was at ₹25,890 as of the trading session on June 18, 2026.
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