Meanwhile, in the past three months, the stock has shed 16 per cent, as against 4 per cent decline in the S&P BSE Sensex.
Company says gross margins shrank 230 bps in Q2FY23 due to inflationary pressures and an unfavourable portfolio mix due to extraordinary high sales of pain management products last year
Manipal Health is India's second-largest hospital chain, is estimated to have 8,700 hospital beds
The real estate arm of the diversified Emami Group has targeted retiring its long-term debt by 2023-24, which is now pegged at Rs 118 crore, a top company official said
BoI, Devyani Intl, Eveready, FSL, Mahindra Life, Paytm, REC, Siemens, Sintex, SPARC, Tata Steel, Thermax and Vijaya Diagnostics are some of the prominent companies to announce results today.
Large flows pose a challenge to managing rupee appreciation
This is one of the steepest declines in the firm's near-50-year history; Revenue down 16.81% to Rs 532.68 cr
Sale of group's non-core assets is a plus, but sustainable growth is vital to command higher valuation
While several factories are in green zones, the route a transporter has to take to bring the goods to the market is dotted with red zones
Repositions the value proposition in order to reach out to the youth; names Katrina Kaif brand ambassador
Although firm's debt as on March 31, 2018 was Rs 118 cr, sources say promoters had to pledge part of their shares with creditors to finance Group's cement biz and others like AMRI Hospitals
The company seeks to expand footprint in Europe, ramp up presence in West Asia with the acquisition of Creme 21, a skin care and body care products brand
Firm says improvement in wages, direct benefit schemes, loan waivers and MSPs will lead to higher disposable income for rural households.
The company has struggled to turn around its two-year old acquisition in the women's hygiene category. What holds it back?
The company posted a 49% surge in net profit, backed by a 10% volume and 7% increase in earnings