251.9500 -0.30 (-0.12%)
NSE Mar 13, 2025 15:31 PM
Volume: 41,440
 

251.95
-0.12%
Karvy
Simplex Infrastructures (SIL) posted marginal 3.1% YoY rise in Q3FY15 standalone sales to Rs14.4bn, 2.7% lower than our expectations. Revenue growth for the quarter remained muted due to stretched working capital which affected execution. However, EBITDA margin improved by 131bps to 10.5% (in line with our expectation), due to lower raw material cost (which as a percentage of net sales declined to 34.6% vs 38.2% in Q3FY14).
Simplex Infrastructures Ltd. is trading below its 30 day SMA of 265.5
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