Gross margins to remain in 74-76 percent band and benign commodity prices (cheese and other ingredients, fuel prices, packaging) would support margin growth, Jubilant Foodworks said in the concall
The biggest loser today on Nifty is Bharat Heavy Electricals (BHEL), trading with cuts of 3 percent odd.
Hindustan Unilever (HUL) was the largest loser on Nifty at one point of time sitting with cuts of close to about 3 percent odd reacting to its numbers which came on Monday. Here‘s Pragya Bharadwaj of CNBC-TV18 with takeaways from the concall and brokerages view.
Anglo-Dutch multinational consumer goods company Unilever Plc reports strong fourth quarter earnings. Emerging markets underlying sales growth is up 8.4 percent versus 5.9 percent last quarter. Here‘s Pragya Bharadwaj of CNBC-TV18 with more details and takeaways from the concall.