Bank of Japan Governor Kazuo Ueda’s comment on Monday that the central bank will raise interest rates further if the economy continues to improve also hit sentiment as worries grew about unwinding of yen carry trades-a strategy used by investors to borrow from a low-interest country and invest in a high-interest-yielding country.
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