According to him, continued tight monetary policy, worsening geopolitical tensions, slow or negative growth globally and sub 5 per cent GDP growth in India may hinder the rally. He has picked metals, oil and gas and IT pack as laggards.
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