The earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter rose more than 33 per cent on year to Rs. 895 crores. However, operating margin dipped by 14 basis points to 8.62 per cent.
Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?
Motilal Oswal has initiated coverage on eight textile companies, turning bullish on Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Global and Welspun Living. The brokerage