Despite mixed earnings influenced by advanced taxes and GST, market momentum, fueled by liquidity and interest rate changes, is expected to sustain an upward trend. Rohit Srivastava suggests a buy-on-dip strategy, anticipating a move towards all-time highs, particularly in sectors like metals and interest rate-sensitive areas such as autos, realty, and financials.
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