The company’s revenues grew 11% driven by strong growth posted by the India business and the global specialty sales in the US. A third of the company’s revenues is earned each from India and the US. Sun’s market share in India increased from 8.3% to 8.4% for the year ended September 2023.
Dalal Street Week Ahead: Nifty enters consolidation phase; breakout above 26,100 key for next market move
The Nifty ended the week mildly lower, extending its sideways consolidation within the 25,700–26,100 band amid falling volatility. With no clear breakout and the India