EBITDA margin slightly improved to 31% from 30.5% last year, showing better operational efficiency.
The growth in raw material costs saw EBITDA margin plunge to 7.8%, 425 basis points lower, while ethnic snacks grew by 10.5% YoY, and accounted for 62.1% of the total revenue.
Despite the sharp correction in January, healthcare was the clear outperformer on 1-year returns
On Feb 06, the indices closed slight lower due to weak earnings.
Alpha hunting seems to be on the backburner as traders and investors are playing it safe on mid-caps
Come January and the market concerns were all about the Trump trade, which could trigger a trade war
Revenue increased by 8.5% YoY to ₹7,978.5 crore.
Small cap stocks saw a mix of margin driven exits by traders and a rush away to safety in the month of January
Here are some of the stocks that may see significant price movement today: Bharti Airtel, Ramco Cements, Apollo Tyres, etc.
Revenue increased by 14.5% to ₹533 crore from ₹466 crore the previous year.
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