Domestic institutions’ net bearish positions at 74% of their total bets were the highest in the past three years, said analysts. FPIs have sold shares worth ₹21,000 crore since September 1, while DIIs bought shares worth ₹22,175 crore during this period.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires