Anshul Saigal of Saigal Capital anticipates a breakout in Non-Banking Financial Companies. Regulatory actions have tempered NBFCs, but regulators aim to boost them. Housing finance and general lenders are expected to perform strongly. Manufacturing is experiencing a surge, driven by the Atmanirbhar Bharat initiative and the China plus one strategy. This sector is poised for significant growth and wealth creation.
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