ResultsBusiness Today
Astral shares hit 52-week low on margin fall
Negative-19Company event
GreyOak summary
Astral Ltd shares fell 12% to a fresh 52-week low after Q2 earnings showed a sharp contraction in EBITDA margins to 13.1%. Despite a 26.1% revenue rise, net profit declined 5.9% to Rs 127 crore. The company announced an interim dividend of Rs 1.50 per share.
What it affects
- AstralASTRALNegative -19
Stock hit 52-week low on margin decline.Rolling sentiment Negative -55
Source
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