Monday, August 8, 2022
HomeEconomyIndian Share MarketBalkrishna Industries stock skids 7.5%; margin outlook weak

Balkrishna Industries stock skids 7.5%; margin outlook weak

There is no good news on the demand front, as well. The company’s management expects demand to be sluggish in 2QFY23 due to macro challenges in Europe, heat waves and inflationary trends in the US market
source

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