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Q4FY21 Result Update - Zydus Wellness - ICICI Direct

Q4FY21 Result Update - Zydus Wellness - ICICI Direct
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

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Stocks in news: PNB, InterGlobe Aviation, Tata Steel, Federal Bank and more


Stocks in news: PNB, InterGlobe Aviation, Tata Steel, Federal Bank and more
Stocks to watch out for: PNB, InterGlobe Aviation, Tata Steel, Federal Bank and more
BusinessToday.In | May 11, 2021 | Updated 09:30 IST
Stocks to watch today: PNB, InterGlobe Aviation, Tata Steel, Federal Bank, SBI General Insurance Company and more
Benchmark indices are likely to open lower on Tuesday as Nifty futures on the Singapore Exchange traded 183 points, or 1.22 per cent, lower at 14,895.50. On Monday, Sensex reclaimed the key 49,500 level by closing 295 points higher at 49,502 and Nifty jumped 119 points to 14,942.  L&T was the top Sensex gainer, rallying 3.89 per cent, followed by Dr Reddy s, Sun Pharma, NTPC, IndusInd Bank, PowerGrid, ONGC and M&M. ....

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Zydus Wellness share price: Sharekhan maintains Buy rating, target price of Rs 2505


Zydus Wellness share price: Sharekhan maintains Buy rating, target price of Rs 2505
zeebizindia@gmail.com (Zee Business)
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Sharekhan  says that Zydus Wellness revenue grew by 24.2% yoy to Rs 606 cr in Q4FY2021, better than our expectation of Rs 537.5 cr. Except for Nutralite and Glucon D, all other brands registered high double-digit revenue growth during the quarter. Late start to season resulted in high single digit growth for Glucon D, while Nutralite sales (largely an institutional business) saw sequential improvement in sales, which reached pre-COVID levels in Q4. Despite firm palm oil prices, benign dairy prices and better revenue mix led to 71 bps improvements in the gross margins. Lower other expenses and employee cost drove up OPM by 256 bps to 24%. Five brands - Glucon-D, Sugar Free, EverYuth Scrub, Peel Off Face Mask and Nycil maintained their leadership positions in-their respective categories as of March 2021. S ....

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Zydus Wellness share rises over 2% post strong Q4 earnings


Zydus Wellness share rises over 2% post strong Q4 earnings
Stock of Zydus Wellness touched an intraday high of Rs 2,155 rising 2.45% on BSE
BusinessToday.In | May 11, 2021 | Updated 12:05 IST
Zydus Wellness share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
Zydus Wellness share rose over 2% today after the firm reported strong earnings in Q4. Stock of Zydus Wellness touched an intraday high of Rs 2,155 rising 2.45% on BSE. Zydus Wellness share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
The share has gained 65.64% in one year and risen 7% since the beginning of this year. Market cap of the firm rose to Rs 13,532 crore on BSE. The stock hit its 52 week high of Rs 2,324 on April 26, 2021 and touched its 52 week low of Rs 1,185 on May 18, 2020. ....

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