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Growth and margin uptick critical for gains in Divi's Labora
Growth and margin uptick critical for gains in Divi's Labora
Growth and margin uptick critical for gains in Divi's Laboratories
Rise in input costs, inventory write-off, and pricing pressures led to a drop in gross margins.
Higher competitive pressures led to cuts in operating profit margins and earnings estimates for FY24 and FY25.
Most brokerages have a 'neutral' or a 'reduce' rating on the stock on account of valuations.
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