ResultsMoneycontrol
Astral shares crash 10% lower after Q2 earnings miss
Negative-23Company event
GreyOak summary
Astral shares fell nearly 10% after Q2 FY27 net profit declined 5.9% year-on-year to Rs 127 crore. EBITDA margins contracted sharply to 13.1% due to delayed raw material cost pass-through. Brokerages JPMorgan and CLSA revised target prices downward citing margin pressure.
What it affects
- AstralASTRALNegative -23
Shares crashed 10% on earnings missRolling sentiment Negative -55
Source
Read the original at MoneycontrolMore Astral news
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