South Korea and Taiwan’s equity markets are outperforming India, driven by a few tech giants like TSMC and Samsung. While Taiwan’s market cap grew 54% and South Korea’s 81%, India’s market cap has shrunk 7% amid significant FPI outflows. India’s market boasts a much larger number of actively traded stocks compared to its peers.
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