New-age companies like PhonePe, Zepto, and Oyo are gearing up for IPOs in 2026, aiming to raise nearly ₹50,000 crore. Investor appetite will depend on market conditions and the profitability of these tech businesses, as public investors become more selective on valuations and cash flow.
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