R R Kable (RRKL), wires and cables manufacturer, made a decent stock market debut, with its shares listed at Rs 1,180, a 14 per cent premium over its issue price of Rs 1,035 per share on the National Stock Exchange (NSE) on Wednesday. The stock listed at Rs 1,179 on the BSE.
Post listing, RRKL hit a high of Rs 1,198.05 and a low of Rs 1,173.20 on the BSE in intra-day trade. In comparison, the Nifty 50 was down 0.76 per cent at 19,979.55 at 10:02 AM.