Tuesday, 13 June 2023

CARYSIL

Commentary from Mgmnt - Confident of 1000 Cr revenue in FY25 vs earlier target of FY26 - 15-20% growth in FY24 - Margins will expand to 20% - Inventory Destocking in Global Markets is behind - 30-40% growth in Domestic Biz in FY24 Target 100 Cr revenue from each new expansion plant Will re-consider expansion in Quartz capacity post Q2 Have signed a few new $5-10m
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India Daybook – Stocks in News

*P&G:* Net profit up 36.5% Rs 210.7 cr, Revenue up 8.9% at Rs 1,138.4 cr YoY  *TVS Motors:* Net profit at Rs 536.6 cr vs poll Rs 520.0 c...

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    Ashok Leyland:* 14110 units versus 13273 units ( *Up 6.0%* ) Tata Motors:* 72600 units versus 76210 units ( *Down 4.7%* ) M&M Total:* ...
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    The IT company said subsidiary Comviva Technologies along with the company’s step-down subsidiary Comviva Technologies BV agreed to sell 0....
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