The Repo Rate Hike: Inflation Gave the Cover, the Rupee Gave the Reason

Image
SumanSpeaks Independent Capital Markets & Geopolitical Intelligence RBI Policy Decoded The Repo Rate Hike: Inflation Gave the Cover, the Rupee Gave the Reason The RBI raised the repo rate by 25 basis points to 5.50 percent on 7 October 2026. With the rupee at ₹96.78 to the dollar, the Fed at 3.75–4.00 percent and bank credit growing near 18 percent, the fuller story is bigger than August CPI of 4.8 percent. The Reserve Bank of India raised the repo rate by 25 basis points to 5.50 percent on 7 October 2026. It is the first hike since February 2023, and the stance has moved from neutral to calibrated tightening. The rate decision was unanimous. The Governor cited inflation. The Monetary Policy Committee said the inflation outlook is no longer as comfortable as it was last year, and near-term rate cuts were taken off the table. That is the official story, and it is not wrong. But it is incomplete. Look at what surrounds the decision: a rupee near its record...

 RattanIndia Power Ltd

RTN Power Ltd (Rs.4.60) reported consolidated quarterly numbers for  June 2022 quarter: 

Net Sales were at Rs.842.79 crore in June 2022 down marginally by 3.61% from Rs.874.36 crore in June 2021.

Quarterly Net Loss was at Rs. 389.30 crore in June 2022 Vs Rs. 824.37 crore in June 2021. This is a massive improvement in Bottomline.

EBITDA stood at Rs.298.54 crore in June 2022 up 2.85% from Rs. 290.28 crore in June 2021.

Overall June, 2022 quarter results were good. Buy and keep holding for targets of above Rs.10.

About RTN Power Ltd (Rs.4.60): It is India's one of the major private power generation and utility companies. Two top-tier, massive coal-based thermal power production plants in Maharashtra with a combined capacity of 2700 MW have been put into operation by RTM Power Ltd.

Comments

Popular posts from this blog