KEI Industries shares fell despite strong Q2 FY27 results, with net profit rising 29% and revenue growing 39% year on year. Growth was supported by domestic wires and cables demand, higher dealer sales and improved profitability in the first half.
Gold slips as strong US inflation data bolsters dollar, Fed hike expectations
Gold prices edged lower on Thursday as hotter-than-expected US inflation data and hawkish Federal Reserve commentary lifted the dollar to near a one-month high and