Q3FY24 Review: Building Material: Near-term weakness
MDF margins remained under pressure with GREENP and CPBI reporting 20% and 19% margins respectively in Q3.
Source: indiainfoline.com
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MDF margins remained under pressure with GREENP and CPBI reporting 20% and 19% margins respectively in Q3.
The stake was transacted at a floor price of ₹164 per share
Details about the IPO remain scarce as the draft registration statement has been filed confidentially.
Analysts of IIFL Securities prefer MBFSL, VBL, United Spirits, Bikaji, GCPL and Sula.
The net profit for the quarter ending December 2023 was ₹345 Crore.