YES Bank shares are up following Sumitomo Mitsui Banking Corporation’s increased stake. This move boosts investor confidence in the bank’s recovery. Analysts predict the stock could reach Rs 25 soon. YES Bank is planning to enter wealth management and expand branches. The bank reported strong Q1 FY26 results, raising hopes for a credit rating upgrade.
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