|
17 Aug 2018
|
MIRC Electronics
|
Kotak Securities
|
16.97
|
32.00
|
29.50
(-42.47%)
|
Target met |
Accumulate
|
|
|
Mirc Electronic
Forex loss of Rs 37 mn erased 190 bps from the EBITDA margins The room AC industry had planned for a growth of 20% in Q1FY19. As against this, the industry actually contracted by 13% y-o-y. As a result, there is excess inventory holding in channels by around 60 days....
|
|
17 Aug 2018
|
MIRC Electronics
|
Kotak Securities
|
16.97
|
32.00
|
29.50
(-42.47%)
|
Target met |
Accumulate
|
|
|
Mirc Electronic
Forex loss of Rs 37 mn erased 190 bps from the EBITDA margins The room AC industry had planned for a growth of 20% in Q1FY19. As against this, the industry actually contracted by 13% y-o-y. As a result, there is excess inventory holding in channels by around 60 days....
|