409.3500 -6.75 (-1.62%)
NSE Sep 24, 2025 14:09 PM
Volume: 120.5K
 

409.35
-1.62%
Motilal Oswal
Revenues miss estimates: Eveready Industries' (EVRIN) 1QFY17 revenue grew at a subdued pace of 1.8% to INR3,544m (v/s est. of INR3,760m) on the back of flattish growth across the battery, flashlights and electrical businesses. The LED business registered 56% YoY growth, which was offset by a 30% YoY decline in the CFL business, leading to flattish blended growth in the electrical segment. EBITDA margins remained flat at 10.6% in 1QFY17 (v/s estimate of 10.7%)....
Eveready Industries India Ltd. is trading above its 200 day SMA of 355.4
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