Neeraj Dewan shares insights on the fertilizer sector, anticipating positive movement due to good monsoons and consolidation. He notes a slowdown in Astral’s performance and the housing space, awaiting a festive season sales boost. All eyes are on RCF’s fundraising plans. The market anticipates updates on Jio IPO and Reliance Retail’s growth strategy at the upcoming AGM.
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