Century Plyboards delivers 69 per cent return in last 6 months Century Plyboards delivers 69 per cent return in last 6 months Nidhi Jani / Tuesday, November 10, 2020 0 897 Article rating: 4.6 Sales volume from plywood decreased by 11.8 per cent on a YoY basis but on a QoQ basis, it jumped by 174.5 per cent. Also, sales volume from decorative ply declined by 30.8 per cent on a YoY basis but on a QoQ basis, it jumped by 145.7 per cent. Read more
Akzo Nobel trades in green as demand improves due to festive season Akzo Nobel trades in green as demand improves due to festive season Nidhi Jani / Monday, November 9, 2020 0 1196 Article rating: 4.3 The demand in the metro cities remained muted during the quarter and has improved due to the festive season and pent-up demand. The revival in the automotive sector benefitted the business while infrastructure, oil & gas and power segments continued to see demand challenge. Read more
Balkrishna Industries: Volume jumps 61 per cent QoQ in Q2FY21 Balkrishna Industries: Volume jumps 61 per cent QoQ in Q2FY21 Nidhi Jani / Monday, November 9, 2020 0 1407 Article rating: 4.7 On the volumes’ front, the company reported the highest-ever quarterly sales volume in Q2FY21. Besides, it registered a significant jump of 60.71 per cent QoQ to 61,224 MT in Q2FY21 vs 38,096 in Q1FY21. Read more
Vinati Organics declines 5 per cent on poor operational performance Vinati Organics declines 5 per cent on poor operational performance Nidhi Jani / Friday, November 6, 2020 0 1512 Article rating: 4.8 EBITDA margin for the quarter stood at 38.3 per cent vs 40.7 per cent in Q2FY20. This margin contraction was led by a jump in the cost of materials consumed to 41 per cent as against 38 per cent in Q2FY20. Read more
Chambal Fertilisers jumps 4 per cent on healthy operational performance Chambal Fertilisers jumps 4 per cent on healthy operational performance Nidhi Jani / Friday, November 6, 2020 0 2002 Article rating: 3.8 This margin expansion was supported by a significant decline in the cost of materials consumed to 18 per cent in Q2FY21 as against 30 per cent in Q2FY20. Read more