Cable and wire company shares have seen a decline. This is due to a sudden increase in copper and aluminium prices. Investors are reacting to rising input costs. Demand remains steady. Sterlite Technologies is an outlier as it manufactures optical fibre cables. Other companies face higher production costs. Dispatches are slowing as dealers wait for prices to cool.
IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore; revenue rises 26%
IndiGo Q2 Results: Budget airline IndiGo reported narrowing of its consolidated loss to Rs 1,879 crore in the second quarter of FY27, compared with Rs