Strong Quarterly Performance Drives Investor Confidence
Manorama Industries Ltd’s stock price surge on 28 January is primarily attributed to the company’s very positive quarterly results declared recently. The firm reported its highest quarterly net sales at ₹362.54 crores, alongside a record PBDIT of ₹104.14 crores and PBT less other income at ₹84.29 crores. These figures underscore the company’s operational strength and efficient cost management, which have resonated well with investors.
The company’s net profit growth of 24.34% further reinforces its profitability trajectory, contributing to the stock’s upward momentum. Notably, Manorama Industries has maintained positive results for six consecutive quarters, signalling consistent financial health and operational re...
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