BlackRock research suggests India’s equity risk premium is near its historical average, indicating valuations are justified by strong growth prospects. Despite elevated equity valuations, stable policies and rising domestic demand continue to attract investors. The institute favors India among emerging markets, citing compelling opportunities driven by mega forces.
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