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Sheela Foam Ltd.
22 May 2024
681.10
3.46%
ICICI Securities Limited
Consol. revenue (organic) performance (-10% YoY) was dragged by a continued decline in its B2B businesses (led by price corrections). Positively, branded mattress volumes are growing well with accelerated growth in Sleepwell (+31% YoY) and Kurl on (+17% YoY) driven by launches and TVC campaigns.
Sheela Foam Ltd. is trading at high day volume of 273.8K.
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