We expect strong demand from the domestic as well as international market, however input cost inflation remain key risk to the business. Hence, we remain cautious on the stock and maintain our HOLD rating with a rolled forward target price of Rs. 139 based on 6x FY24E adj. EPS. Revenue crossed Rs. 3000cr mark for the first time The company recorded its highest ever revenue of Rs. 3,076cr with year-on-year growth of 11.1% (+3.0% QoQ) on the back of all the market segments performing well. The company also recorded highest ever export of Rs. 484cr during the quarter, taking...