Asian stocks opened higher, following Wall Street’s record rally fueled by robust US economic growth data. Gold, silver, and copper prices surged to new highs, while oil extended its gains amid geopolitical tensions. Despite strong US growth, bets on near-term Federal Reserve easing were scaled back as risk appetite remained firm heading into year-end.
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