TTK Prestige Ltd.

NSE: TTKPRESTIG | BSE: 517506 | ISIN: INE690A01028 | Industry: Household Appliances
| Expensive Underperformer

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TTK Prestige Ltd.
30 May 2019
612.35
-2.71%
ICICI Securities Limited
On the segmental front, appliances (50% of revenues) and cookers (31.0%) registered revenue growth of 11% and 5% to | 223 crore and | 138 crore, respectively in Q4FY19. Cookware division (15% of revenue) reported revenue de-growth of 4% YoY to | 66 crore. The management highlighted that mixer grinders (19% to appliance revenue) and small appliance categories have continued to witness robust growth. For Q4FY19, slowdown in rural consumption led to muted growth in cooker and cookware segment, but revival trends were observed in Q1FY20. While prices of key raw material...
TTK Prestige Ltd. is trading at high day volume of 392.2K.
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