India's Rajratan Global Wire up on qtrly profit surge

Rajratan Global Wire

21/01/2026 09:15

** Shares of India's Rajratan Global Wire RAJR.NS up 3.3% to 484 rupees

** Wire maker's third-qtr consol net profit more than doubles y/y to 206.9 mln rupees ($2.3 mln), rev jumps 38% to 3.02 bln rupees

** Trading vols 765k shares vs 30-day avg of ~237k shares

** Stock, on an avg, rated "buy" by four analysts covering the stock; median TP is 549.50 rupees - LSEG data

** Stock fell 3.6% last year

($1 = 91.6950 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

((Hritam.Mukherjee@thomsonreuters.com;))