ICICI Securities Ltd | Retail Equity Research For V-Guard, strong sales growth during Q2FY18 was led by festive demand and re-stocking of inventory by dealers. According to the management, a partial recovery was seen of sales lost due to GST in Q1 while sales are expected to fully recover in the upcoming quarters. Geographically, south regions (contributes 68% to sales) recorded ~13% YoY sales growth while non-south regions continued to grow ~21% YoY during Q2FY18...