The selloff followed the Union Cabinet’s approval of the Online Gaming Bill, 2025, which is set to be introduced in Parliament. The proposed legislation aims to regulate gaming platforms offering monetary rewards, citing risks related to mental health, money laundering, and fraud.
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