Shares of Inox Wind rose nearly 4% after Motilal Oswal initiated coverage with a ‘Buy’ rating and a target price of Rs 210. The brokerage cited strong order visibility, robust O&M capacity, and vertically integrated operations as key strengths, projecting a 21% upside from current levels and long-term potential in India’s growing wind energy market.
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