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#436 Daily Money Show | Money Purse Stock Market News
Original: # 436 Daily Money Show | Money Purse Stock Market News
Takeaway
Textile sector hit by weak US/Europe demand; profitability down 49% YoY for highlighted company.
Summary
- Daily market recap with limited transcript content
- Company with operating revenue 15.60 vs 25.97 growth discussed; PAT generations dropped 49% YoY from 1.62 crores
- Sector commentary on textile sector with 1120 companies struggling due to US/Europe demand conditions
- R&D expenses, material costs and other expenses cited as headwinds in quarterly results
- Most audio garbled/unintelligible in transcript
daily markettextilesearnings
Original description
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