Domestically, high frequency data seems to indicate continuing pick up in industrial activity. Markets expect rising gross margins for consumption-oriented companies from Q1 FY24 onwards, thanks to moderating inflation data.
I think so whether it is Havells or even companies like Finolex Cables they have all corrected quite a lot over the last one year.
Havells Share Price: Havells India’s Q3 results for FY25 revealed a 1.7% dip in net profit at Rs 283 crore but an 11% increase in
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