While we are quite positive on the A-1s coming in, the orders that we have seen coming in from February and these are big orders such as Pinaka in February, and then in March recently Cabinet Committee of Security has cleared the 7,000 crores procurement of ATAGS howitzer, so these are all welcome. However, the much overlooked piece is the reforms in the capital acquisition process.
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