Foreign portfolio investors (FPIs) remained net sellers of Indian equities in March for the third month but experienced a sharp deceleration in outflows thanks to strong buying in the second half of the month. Domestic funds showed a contrasting trend, selling more equities towards the end of the month while FPIs increased their buying.
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