India's Ram Ratna Wires falls on tax demand

Ram Ratna Wires

11/03/2026 04:33

**Shares of Ram Ratna Wires RAMR.NS down 6.3% at 327 rupees; earlier fell as much as 7.1%

** Electrical equipment manufacturer gets tax demand of 709.6 million rupees ($7.72 million) in respect of financial year(s) 2021-22 and 2022-23

 ** RAMR set for worst session since Aug 1, 2025

** YTD, stock up 5.7%

($1 = 91.9210 Indian rupees)

(Reporting by Mridula Kumar in Bengaluru)

((Mridula.Kumar@thomsonreuters.com;))