Ola Electric shares surged to a more than four-month high after the EV maker reported a narrower quarterly loss and showed signs of sequential improvement in volumes and market share. Brokerages remain cautious on the long-term recovery outlook, citing rising competition, execution challenges and the need for sustained operational improvements.
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