India's Ram Ratna Wires plunges on Income Tax dept search at premises

Ram Ratna Wires

30/11/2023 05:20

** Shares of winding wires maker Ram Ratna Wires  RAMR.NS 
down as much as 4.67% to 278.7 rupees, their sharpest intraday
pct loss since Oct. 23 
    ** RAMR said the Income Tax dept is conducting searches at
co's offices and manufacturing units; business operations
unaffected 
    ** About 87,233 shares change hands, 1.2 times the 30-day
average 
    ** Stock last down 3.3%

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))