The company's net profit grew 8%, while top line rose 24% for the quarter ended December 2010. It reported a slow down in order inflows in the past two quarters besides contraction in operating margin owing to high commodity prices. With the expectation of a further increase in input costs and delay in order flows, earnings can be impacted in the coming quarters. Investors are advised to avoid any exposure to the stock in the medium to long term.
Home Loan Interest Rate Reset
3 years ago
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