Deepak Nitrite: Move into Downstream Derivatives To Drive Margin Growth
Moneylife Digital Team 19 May 2023
Despite facing volatility in raw materials and energy prices as well as disruptions in global supply chains, Deepak Nitrite maintained high capacity utilisation of its plants throughout FY22-23....
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BLS International: Valuation Pricing in Growth Prospects
Moneylife Digital Team 19 May 2023
BLS International Services Limited (BLS) posted its highest-ever annual revenues—a 78.40% y-o-y (year-on-year) jump in revenues to reach Rs1,516 crore in FY22-23. The strong results were due to robust traction in all of its business...
Apar Industries: Exceptional Performance Continues
Moneylife Digital Team 19 May 2023
Apar Industries (Apar) reported its highest-ever revenue in Q4FY22-23, driven by strong volume growth across all divisions and growth in export of cables and conductors. Export revenue was up by 85% y-o-y (year-on-year), driven by a...
Jindal SAW: Strong Growth Ahead
Moneylife Digital Team 18 May 2023
Jindal Saw Limited (JSL), part of OP Jindal group, makes iron & steel pipes and pellets. It claims to be a total pipe solutions-provider across the globe. It was the first company in India to manufacture SAW (submerged arc welded)...
Sterling Tools: March ’23 Results Update
Moneylife Digital Team 18 May 2023
On the back of strong growth in electric vehicle (EV) components and moderate growth in fastener business, Sterling Tools (Sterling) reported highest-ever consolidated quarterly sales. Consolidated sales went up 24.9% y-o-y...
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