Consumption-themed equity schemes are regaining investor interest due to appealing valuations and GST adjustments. The Nifty Consumption Index has underperformed the Nifty recently, but its valuations are now considered fair, presenting a favorable entry point for long-term investors.
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