Technical indicators sent mixed signals on Tuesday, with the RSI at 43 indicating bearish momentum, while a bullish crossover in the Stochastic RSI hinted at a potential short-term recovery. This divergence highlights the need for caution as the market remains directionally uncertain, said Mandar Bhojane of Choice Broking.
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