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The latest Messages 991
2021-05-06 19:36:31
GODREJ PROPERTIES: Analysts worry about Godrej Properties’ margins, after strong bookings
CLSA point out that despite revenue recognition from newer projects such as The Trees in Vikhroli, profitability continues to disappoint. “Excluding one-offs, Ebitda margin was around 10%, much lower than the desired 20-25%. While the management did not guide for FY22, they expect Rs10,000 crore pre-sales in FY23. We remain cautious on the margin outlook and thus believe that pre-sales growth may not translate into commensurate profit growth," CLSA said in a report on 4 May
Though the company has a robust pipeline, there could be further delay in launches due to covid-led restrictions. We expect sales recovery to be more prolonged than the management expects," said an analyst with a domestic brokerage house requesting anonymity. (Negative)
5.9K views16:36
2021-05-06 19:32:03
ADANI TRANSMISSION: Co. plans Rs 4500 cr capex in this FY 22
5.6K views16:32
2021-05-06 19:06:34
DOW HITS ALL TIME
6.4K views16:06
2021-05-06 18:30:35
CA EMERALD TO SELL 3.5 % STAKE VIA BLOCK DEAL TOMORROW in SBI LIFE (negative)
6.8K viewsedited 15:30
2021-05-06 18:29:28
Gud numbers
6.8K views15:29
2021-05-06 18:29:12
HERO MOTO Q4 : Net Profit Up 39 % to Rs 865 cr (YOY) Revenue Up 39 % to Rs 8686 cr
6.7K views15:29
2021-05-06 18:27:37
6.5K views15:27
2021-05-06 18:27:34
6.4K views15:27
2021-05-06 18:27:25
#JustIn | Pawan Munjal reappointed as Chairman,
CEO of @HeroMotoCorp for 5 years from October 1
6.3K views15:27
2021-05-06 18:26:47
6.1K views15:26
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