Cable stock jumps over 4% after reporting 162% YoY increase in revenue

The shares of this microcap stock engaged in manufacturing and exporting electrical cables jumped 4.5 percent on Tuesday after the announcement of its Q3 results with a 162.2 percent year-on-year rise in revenue from operations. Price Action With a market capitalization of Rs 193.36 crore, Ultracab (India) Ltd rose 4.5 percent in Tuesday’s trading session … Continue reading Cable stock jumps over 4% after reporting 162% YoY increase in revenue