Rajratan Global Wires: June ’22 Results Update
Moneylife Digital Team 05 August 2022
Rajratan Global Wires (RGW) came out with a good set of numbers for Q1FY22-23, earning highest-ever revenues for the quarter. Profits were very close to the all-time high of the previous quarter’s profits, even though it faced headwinds. RGW is the largest bead wire supplier to tyre OEMs (original equipment manufacturers) in India, with about 42% market share. It is the only local manufacturer...
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An Old, New Bull Market?
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While filing taxes for the financial year (FY) 2021-22, active investors had mixed feelings. If they made large gains, they needed to pay substantial taxes. But they are perhaps in loss so far, in the current financial year, because...
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