![]() ![]() Prices of major raw materials rose 1.3-40.3% YoY in Q2. “We expect 75 bps QoQ (+220 bps YoY) contraction in gross margin, led by the consumption of high-cost inventory and mix change,” Kotak Equities said in its report. However, there will be margin compression on a sequential basis due to adverse operating leverage.Īnalysts see operating margin expanding by a sharp 360-680 basis points on-year from 12.75%. Suzlon News: Suzlon is major player in renewable energy solutions with a global footprint across Asia, Australia, Europe, Africa, North and South America. Headquartered at Suzlon One Earth in Pune, India the Group is comprised of Suzlon Energy Limited (NSE & BSE: SUZLON) and its subsidiaries. ![]() ![]() Led by price hikes and growth in volumes, Asian Paints will see operating profit rise from the year-ago period and margin expanding on a YoY basis. SUZLON WILL DEFINITELY POST MINIMUM 90-110 CRORE PROFITS IN Q2 because CEO has clearly stated that minimum EBITA of 214 cr posted in Q1 will definitely be maintained in the coming Qtrs and full. Vinod Tanti appointed Suzlon CMD Moneycontrol 17h The announcement comes at a time Pranav Tanti, son of Tulsi Tanti, is set to make a comeback to Suzlon. The Suzlon Group is one of the leading renewable energy solutions provider in the world with a global presence across 18 countries in Asia, Australia, Europe, Africa and Americas. Now passing away of legend tanti ji should not effect suzlon share price as tanti has already guided his team in various meetings and discussion and now all those thought process will carry suzlon. Strong operational performance and sales growth are likely to have driven the growth in the bottomline. suzlon share latest news today suzlon share target suzlon share news suzlon share price join us on telegram :. Motilal Oswal Securities expects the decorative paint volumes in the domestic market to rise 12%, on a base of 34% growth in the same period last year.Īsian Paints will release its second quarter numbers on Thursday.Ĭonsolidated net profit for the quarter is expected to rise by a sharp 80% YoY to Rs 1,073 crore, according to the average of estimates. Suzlon is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy over the world. ![]()
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