Moneycontrol Be a Pro
Get App
Last Updated : Apr 01, 2019 03:24 PM IST | Source: Moneycontrol.com

3 Point Analysis | Everest Industries or Visaka Industries: The better pick?

Sakshi Batra does a 3 Point Analysis of the quarterly performance of these companies to understand the sector dynamics and the way forward.

Moneycontrol News @moneycontrolcom

Asbestos cement sheet manufacturers Everest Industries and Visaka Industries reported a mixed quarterly performance in the third quarter of FY19.

While the profitability of former was supported by tighter cost controls, increase in selling & distribution expenditures hampered the margins of the latter.

Industry reforms and government policies have had a positive impact on the organised building material players as indicated by the robust volume growth in the past few quarters.

Close
Sakshi Batra does a 3 Point Analysis of the quarterly performance of these companies to understand the sector dynamics and the way forward.

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Apr 1, 2019 03:24 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant