990.5000 2.65 (0.27%)
NSE Jun 06, 2025 15:31 PM
Volume: 4,839
 

logo
Ador Welding Ltd.
17 Aug 2018
990.50
0.27%
Karvy
Low base effect, margins under pressure: Q1FY19 results came below our estimates. YoY revenue grew by 17.8% on the back of low base effect. However, Margin performance has disappointed, EBITDA margin is recorded at 7.3% vs our estimate of 10.4% owing to pressure from higher material costs (73.7%).
Ador Welding Ltd. is trading above its 100 day SMA of 933.3
More from Ador Welding Ltd.
Recommended