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bel share price: BEL's FY24 margin guidance of 21-23% is intact; exceeded sales guidance: Bhanu Prakash Srivastava

“Challenges are there, supply chain challenges. Semiconductor continues to be a challenge. Though there was easing up, there are devices where OEMs are putting long delivery times. Similarly, the impact of the Israel war is still there. So, we are working out to mitigate these challenges.Exports, whatever we committed this financial year around $90 million, we will be able to achieve.” ....

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What led Marico to upgrade margin guidance for FY24? Saugata Gupta explains, ET Retail

Marico: “We have already taken price drops in Parachute and Saffola because both are, in terms of the price, premium sensitive. We are also taking tactical calls in terms of whether we have to do pricing on consumer offers and all that. You are absolutely right that we have to have the right price.” ....

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marico: What led Marico to upgrade margin guidance for FY24? Saugata Gupta explains

“We have already taken price drops in Parachute and Saffola because both are, in terms of the price, premium sensitive. We are also taking tactical calls in terms of whether we have to do pricing on consumer offers and all that. You are absolutely right that we have to have the right price.” ....

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