Indian equity indices experienced a decline of nearly 0.5% on Friday, ending a three-day winning streak due to US sanctions relief revocation concerning the Chabahar port. Despite Friday’s dip, the indices concluded the week 0.8% higher, marking the third consecutive week of gains. Investors engaged in profit booking amidst tariff negotiation uncertainties, influencing market caution.
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