Uptick in festive season to be critical for Siyaram The management highlighted that market conditions remained sluggish post implementation of GST while normalisations at the dealer's level took longer than anticipated. Despite higher number of wedding days in Q1FY20, revenue growth continued to remain muted. Upcoming festive season and stabilisation of trade channels remain critical triggers for green shoots in revenues. Furthermore, the company may have to increase its marketing spends to revive sales growth leading to pressure on operating margins. We...