Consolidated revenue from operations increased nearly 7% YoY to Rs 9,182.31 crore, but was lower than the estimated Rs 9,358 crore. The paint maker’s operating profit increased by 36.3% YoY to Rs 2,121.3 crore, with gross margins expanding a whopping 530 basis points (bps) in the quarter.
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it
US equity funds are undergoing reversion to the mean. Europe and Japan equity funds are attracting more inflows while the interest in emerging markets persists.
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