Higher Raw Material Cost Hits Margins In Q1FY25
Indiastockguru Team Ceat stock price fell 3% after June Quarter 2024 results were announced. The street was unhappy with 120 basis points (bps) margin contraction witnessed in Q1FY25 results. Revenue growth was stable at 8.8% YoY, highest over the past five quarters. Revenues came in at Rs 3,193 crore in June Quarter 2024 compared to […]
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