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#315 Daily Money Show: Stock Market News

Original: # 315 Daily Money Show | Money Purse Stock Market News

54.2K views · May 18, 2022 · 14:28 min · Watch on YouTube ↗
Takeaway

Specialty chemicals/nutrition segments delivered strong double-digit EBITDA growth despite mixed market action.

Summary

  • Sugar stocks reacting positively; broader market saw 19-point correction in Nifty to 16,240
  • Sun Pharma-like Q analysis: 22.3% revenue growth and 27.1% EBITDA growth
  • Specialty chemicals segment EBITDA up 17% YoY; Nutrition & Health Solutions EBITDA up 18%
  • Chemical intermediates segment EBITDA at 38%; battery segment grew 26% YoY
  • Pat at ₹1,511 cr vs prior year same quarter; ₹3,715 cr declared at half-year
ChemicalsResultsMarketNews
Original description
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