Bengaluru, July 16 -- Stock market rallies often follow strong fundamentals, and this is a textbook example. A debt-free manufacturer serving the steel industry has delivered its best-ever quarterly performance, with profitability growing faster than revenue for the fourth straight quarter. The company's shares have rewarded shareholders handsomely, even as it navigates rising freight costs and global disruptions with resilience.

Shares of Raghav Productivity Enhancers Ltd. were trading at Rs.1,291, up 2.05% over the previous close of Rs.1,265. The company's market capitalisation stood at Rs.5,931 crore and P/E ratio at 92.65.

The stock in question, Raghav Productivity Enhancers Limited (RPEL), is the world's largest manufacturer of sil...