The company’s operating margin dropped to 15% in Q3 from 19% in the year-ago period but was up 100 bps sequentially. Volume growth was strong during the quarter but cost pressures resulted in subdued margins.
In the last two years, systematic investment plans have shown remarkable performance, with small-cap funds leading with an average return of 14.25%. Retail investor monthly
In the Nifty200 pack, 10 stocks’ closing prices crossed below their 200-day moving averages (DMA) on September 28, according to technical scan data from StockEdge.
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