New Delhi, Nov. 8 -- Cable and wire manufacturer RR Kabel's shares ended the special one-hour Muhurat Trading session on Sunday, November 8, with a solid 8% jump to settle at Rs.2,073, even as the frontline indices closed in the red.

Although there was no immediate fundamental trigger behind the rally, a sharp spike in trading volumes helped the stock recover from its recent weakness. Around 1.4 million shares changed hands across the BSE and NSE during the session, nearly twice the stock's weekly average trading volume, according to Trendlyne data.

The shares had suffered significant losses following the company's September-quarter results, ending October with a 19% decline and extending their losing streak to a second consecutive mont...