Ashi Anand of IME Capital suggests consumer durables are a safe haven amid global uncertainties and banking pressures. Falling interest rates are freeing up household income for discretionary spending. While optimistic about financialization of savings, particularly in wealth and asset management, she advises caution on brokerages due to regulatory changes impacting speculative trading.
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