Asian stocks fell mirroring Wall Street’s sharp reversal, as a brief Nvidia-led rally faded amid concerns over stretched valuations and AI investment profitability. Lingering uncertainty about the Federal Reserve’s interest rate path also contributed to investor caution, prompting a pullback from riskier assets.
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