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Kavveri Telecom hit 52-week high after announcement of name change
short by / on Friday, 19 July, 2024
Kavveri Telecom Products Ltd, a leading manufacturer of wireless products for the telecom, defence and space industries, surged to a 52-week high of ₹28.36. The stock price surge was primarily driven by the name change announcement from Kavveri Telecom Products Ltd to Kavveri Defence & Wireless Technologies Ltd. This rebranding aligns with its expanded focus on the defence sector.