1023.6000 16.10 (1.60%)
NSE Jun 27, 2025 15:31 PM
Volume: 7,912
 

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Ador Welding Ltd.
06 Mar 2018
1023.60
1.60%
Karvy
Steady Growth, Improving Margins but Rich Valuations; We assess Q3FY18 results as disappointing due to its meager YoY growth and margin contraction. YoY revenue growth of 1.1% is negated by higher finance costs & an EBITDA contraction of 86 bps to 6.5% and the EPS de-grew by 10.6%.
Ador Welding Ltd. is trading above its 150 day SMA of 992.9
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