JD Cables Shares In Focus After Commencing Production At New Cable Division Unit In West Bengal
India, Sept. 15 -- Something's been quietly taking shape at JD Cables' West Bengal operations over the past couple of months, though you'd only catch it by reading two separate filings side by side. A production line that came online in July has now been joined by a second, per a fresh notice the company sent to the BSE. The filing itself is brief and doesn't dwell on specifics but it suggests a manufacturer that's been methodically filling out capacity, with the more interesting question of what this means for output and order timelines still left unanswered.
Shares of JD Cables Ltd are trading at Rs. 190.90, down 0.93 percent on Tuesday. The stock touched the intraday high of Rs. 194.85 after opening at Rs. 192.00 before slipping to a...
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