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RR Kabel: Aims to gain market share and expand retail presence in domestic market | Stock Of The Day

RR Kabel is the fourth largest player in the Indian Wires and Cables(W&C) industry by value (FY24). The company operates 5 manufacturing facilities - 2 for wires and cables and 2 for Fast Moving Electric Goods (FMEG). RR Kabel enjoys a strong brand recall and garners 70-75 percent revenue (highest among listed peers) from the retail focused B2C segment, which should function as a strong lever for sales growth and margin improvements in medium term.

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