DCM Shriram Ltd.

NSE: DCMSHRIRAM | BSE: 523367 | ISIN: INE499A01024 | Industry: Diversified
| Strong Performer, Getting Expensive

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DCM Shriram Ltd.
22 Jan 2018
1406.10
0.72%
Emkay
Chemical segment revenues jumped 51% yoy to Rs 5.8bn led by higher volumes (+34% yoy) and firm realizations (45% yoy) and was above our est of Rs 5.0bn. Company reported highest ever quarterly EBIT margins at 42% (+1800bps yoy and 500bps qoq). Sugar segment revenues increased to Rs4.3bn (+15% yoy) but was below our estimate of Rs4.9bn. Sugar segment profits dropped by 45% yoy to Rs488bn due to softness in sugar...
DCM Shriram Ltd. has gained 37.31% in the last 3 Months
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