Indian equities rallied for the seventh day, with 80% of NSE500 stocks above their 50-DMA, signaling broad bullish momentum. Historical data suggests continued gains, though technical warnings urge caution.
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