Domestic brokerage firm Prabhudas Lilladher has cut its base case Nifty 50 target by nearly 6% to 25,689 from 27,172 earlier. It has also cut Nifty’s Earnings Per Share (EPS) estimates by 0.8%, 2% and 2.6% for financial year 2025, 2026 and 2027 respectively. “We recommend selective buying for long-term gains,” Prabhudas Lilladher said in […]
Astral Q3 Results: Net profit flat, EBIDTA grows 7% – CNBC TV18
Astral Ltd reported modest Q3 FY25 results on Thursday, after market hours. The building materials company, which manufactures pipes, adhesives, sanitaryware, paints, and other products, posted a flat 0.4% increase in net profit for the quarter, reaching ₹114 crore, compared to ₹113.5 crore in the same period last year. Company Value Change %Change Revenue grew […]
Astral Q1 Results | Net profit flat at ₹120 crore, revenue rises; bathware segment grows 90% – CNBC TV18
PVC pipes and plastic products maker Astral Ltd on Thursday (August 8) reported a 0.5% year-on-year (YoY) increase in net profit at ₹120.4 crore for the first quarter that ended June 30, 2024. In the corresponding quarter, Astral posted a net profit of ₹119.8 crore, the company said in a regulatory filing. The company’s revenue […]