The consumption trend in India has weakened after almost three to four years of fairly strong consumption boost. So, we are positive long term, but slightly cautious in the near term, especially on the consumer, on the organised retail side.
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