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Ram Ratna Wires Q4 profit, EBITDA zoom over 2x on revenue surge
The company's revenue jumped 83% YoY with EBITDA and margins on firm ground; the board recommended ₹2.5/share dividend. Ahead of the announcement of the results, shares of Ram Ratna Wires ended 1.16% higher at ₹475.90 on the NSE today, May 26.
Market Trading Guide: Buy Ram Ratna Wires and Tata Motors PV on Monday for gains up to 12%
Nifty extended gains for a third straight session, supported by buying in financials, energy and auto stocks. Analysts highlighted improving technical momentum and recommended Ram Ratna Wires and Tata Motors Passenger Vehicles after bullish breakout patterns, rising volumes and strengthening market sentiment indicated further upside potential.
Stocks to Watch Today: Coal India, Saatvik Green Energy, JK Tyre, Siemens, ONGC, Ram Ratna Wires, Landmark Cars, Gandhar Oil, P&G Health in focus on 27 May
Stocks to watch on 27 May: Stocks like Oil and Natural Gas Corporation, Siemens, JK Tyre and Industries, Procter and Gamble Health, Landmark Cars, Gandhar Oil Refinery India, Ram Ratna Wires, Vodafone Idea, and Bharti Airtel.