Supreme Industries | Image:Supreme IndustriesIDBI Capital on Supreme Industries: Supreme Industries showcased a strong performance in fourth quarter of fiscal year 2024, surpassing estimated figures on crucial parameters, primarily propelled by heightened sales volume. The management’s strategic focus on capacity expansion and tapping into rising demand dynamics bodes well for the company’s trajectory, brokerage firm IDBI Capital said in a note.During the fourth quarter, Supreme Industries reported net sales of Rs 3,000 crore, marking an increase of 15.8 per cent year-over-year (YoY). Additionally, the company’s EBITDA stood at Rs 490 crore, registering an uptick of 2.2 per cent compared…
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IDBI Capital reiterates buy on Supreme Industries for target price of Rs 4,786- Republic World
