REITs offer retail investors a modern, accessible way to invest in income-generating real estate without ownership hassles. They provide steady income, tax efficiency, and liquidity, outperforming fixed deposits and rental flats. SEBI’s reclassification as equity further enhances their appeal and accessibility for diversified portfolios.
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