ResultsBusiness Standard
Astral share price tumbles over 12% post Q2 earnings
Negative-22Company event
GreyOak summary
Astral's share price fell 12.4% to a 52-week low of ₹1,215.50 following Q2 results showing a 5.6% dip in net profit to ₹127.30 crore. While revenue rose 26% YoY, the Paints and Adhesives business saw a 19.2% EBITDA decline. Equirus Securities maintains a 'LONG' rating with a target of ₹1,833.
What it affects
- AstralASTRALNegative -22
Share price crashed 12.4% on weak Q2 results.Rolling sentiment Negative -55
Source
Read the original at Business StandardMore Astral news
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