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# 358 Daily Money Show | Money Purse Stock Market News
Takeaway
Better US bank results lifted sentiment; plant-based meat is a Rs 3,500 crore opportunity over 3 years for early entrants.
Summary
- Positive momentum from Citibank and Wells Fargo better-than-expected results.
- Plant-based meat: company launched 4 products (plant-based chicken nuggets, spicy fingers, burger patty, seekh kebab) priced Rs 350-450; market expected to reach Rs 3,500 crore in 3 years.
- Quarterly numbers: EBITDA up 26.2%, revenue 5.4%; PAT growth 26.9% YoY, 4.7% QoQ.
- Vertical-wise margin comparison: 13.5% to 15.5% across segments.
US banksplant-based meatearnings
Original description
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