The company is the India market leader in contract manufacturing of ACs, a business where it is facing challenges due to brands increasingly turning to in-house manufacturing of room ACs.
Large-cap firms saw operating margins contract significantly year-on-year. Mid- and small-cap companies experienced lesser margin contractions amid rising costs. These smaller firms also achieved higher
In the Nifty500 universe, seven stocks saw their closing prices cross above their 200-day moving averages (DMA) on September 3, 2026, according to technical scan
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