929.9500 17.50 (1.92%)
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Subros Ltd.
11 Feb 2016
929.95
1.92%
Way2Wealth
SALES UP BY 17% TO `3.3BN DRIVEN BY 17.6% VOLUME GROWTH Subros Q3FY16 sales increased by 17% YoY primarily on account of robust volume growth of 17.6% YoY (272,435 Units) during the quarter. This is a second successive quarter for Subros to report ~18% volume growth on yoy basis. During the quarter, average realizations per unit were up by 0.4% on yoy basis to `12,052/unit after preceding 4 quarters of decline in the same. The Company continues continue to benefit from buoyancy in a passenger vehicle market in India as it remains main supplier for AC kits to Maruti....
Subros Ltd. has gained 58.36% in the last 3 Months
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