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 & Cables business and improving profitability. The company also achieved operational breakeven in its FMEG segment, while management expressed confidence in sustaining growth through product expansion, distribution strengthening and execution excellence.
Warren Buffett sounds alarm as stock market warning returns for only second time in 155 years
Warren Buffett’s caution comes as the S&P 500’s CAPE ratio approaches levels seen only during periods of extreme valuations. While elevated readings can signal weaker