MARKET REACTS
9 KEY TAKEAWAYS ON AARTI INDUSTRIES STOCK PLUNGE TODAY
Published By Moushumi Mahanta | 13 Aug, 2024
Aarti Industries' shares fell 16.3% to
₹
614.70 on August 13, 2024, driven by concerns over guidance and margin pressures.
Credit : PIXABAY
The stock is down over 20% from its 52-week high of
₹
769.50 and up over 40% from its 52-week low of
₹
438.05.
Credit : PIXABAY
The stock has surged nearly 61% in the past year but is down over 5% year-to-date in 2024.
Credit : PIXABAY
The company suspended its FY25 guidance due to margin volatility and competition from China.
Credit : PIXABAY
Debt is expected to rise to
₹
3,500-3,600 crore due to ongoing capital expenditures.
Credit : PIXABAY
Q1FY25 net profit was
₹
137 crore (up 96% YoY), with revenue at
₹
2,012 crore (up 28% YoY).
Credit : PIXABAY
EBITDA increased 55% YoY to
₹
311 crore.
Credit : PIXABAY
The company anticipates a broader revival of its discretionary portfolio and aims for 20-30% volume growth in FY25.
Credit : PIXABAY
Aarti Industries expects to achieve 40-50% capacity utilization within the current financial year.
Credit : PIXABAY
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