Ebitda, as per the poll, is seen at Rs 768 crore compared with Rs 363 crore, up 112 per cent YoY. Ebitda margin is seen rising to 23.1 per cent from 18.4 per cent YoY. All eyes would be on raw material cost inflation, the company’s plans to expand in new geographies and the outlook on VECV vehicles.
Rupee hits record low of 87.35 vs USD on rate cut expectations
The Indian rupee weakened to a historic low of 87.35 against the U.S. dollar, influenced by expectations of an impending rate cut by the Reserve