Major investors are set to acquire a stake in Inox Clean Energy. This deal values the renewable energy firm at over $5 billion. The investment signals strong interest in India’s clean energy sector. It will also fund Inox Clean Energy’s expansion plans. The company is growing its renewable generation and solar manufacturing capacities.
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