Wed, May 11, 2022 6:15 PM
Curbs on two co-operative banks has been prolonged by RBI
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While the specialty pharma business has mostly recovered, a revival in agrochemicals demand is unlikely until the second half of April-March 2024-25, according to Harin Kanani, Managing Director of Neogen Chemicals. “The news from most of the international customers is that their 2024 demand is taken care of, they want to basically focus on 2025."
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Prabhudas Lilladher's research report. Greenpanel (GREENP) guided MDF volume growth of 18%/flat in existing domestic capacity/export with blended volume growth of 15% for FY25E. Consolidated low EBITDA margin to continue in FY25 at 15.5% with 1) steep increase in RM cost, 2) higher OEM vol. in MDF segment, 3) increase in brand spends, and 4) increased competition in domestic MDF market.
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Raymond’s share price was slumping on Friday as the company posted its results for the quarter ended March 2024. Fabric and fashion retailer Raymond posted an 18% increase in net profit at ₹229.21 crore, up 18% from the ₹194 crore posted in the same quarter last year. The company’s revenue from operations for the quarter came in at ₹2,608.50 crore, up 21% from the ₹2,150 cr.
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