UTI Transportation and Logistics Fund, the only actively managed fund in the space, is one of the best-performing equity schemes in the past year, gaining 11.2%, compared with the Nifty 50 which lost 3.4%. Eyeing the opportunity, new fund offerings (NFOs) of IDFC Transportation and Logistics Fund and ICICI Prudential Transportation and Logistics Fund have been launched. They will close on the 18th and 20th of October, respectively.
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