Sharda Motor (SHARDAMOTR) Share News & Alerts
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Sharda Motor Industries Q4 PAT rises 7% YoY to Rs 89 crore
▼ Bearish +3.09%
The stock is likely to witness immediate multi-day pressure because the reported PAT of Rs 89.42 crore significantly missed the consensus street estimate of Rs 130 to 150 crore due to visible margin compression (EBITDA down 10.61% YoY). Over a positional horizon, a strong 30% top-line growth and a hefty final dividend recommendation of Rs 20 per share (1000%) are expected to cushion the downside and support a eventual recovery.
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