Operating margin expanded to 14.46 percent during the quarter under review from 10.24 percent in March quarter of 2022.
Madhusudan Sarda, Executive Director, Vallum Capital Advisors advises looking at allied product makers in the steel sector like the refractor companies, compressor companies.
SP Tulsian of sptulsian.com selects Vesuvius India and Voith Paper as multibagger stock picks for the day.
Aashish Tater, head of research, Fort Share Broking picks Archies and Vesuvius as multibagger stock picks for the day. He recommends investors to buy these stocks as they have the potential to perform well going ahead.
Vesuvius has reported a net profit of Rs 14 crore in the quarter ended June 2011 as against Rs 12 crore in the corresponding quarter last fiscal.