The D-street darlings of that gave multi-bagger returns in 2023 have now turned into duds so far in 2024. Take a look at the list. Benchmarks Sensex and Nifty 50 in 2023 rose 18.74 per cent and 20 per cent, respectively. (Image: iStock/ET NOW News) Subscribe for latest updates Unsubscribe for latest updates Many stocks that outshone the benchmark indices Sensex and Nifty 50 in 2023, yielding multi-bagger returns of up to 254 per cent, swiftly became the darlings of D-street. Some of…
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Category: Jyothy Laboratories
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Neutral Jyothy Laboratories; target of Rs 500: Motilal Oswal
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Motilal Oswal’s research report on Jyothy Laboratories
Jyothy Laboratories (JYL) reported an in-line sales at INR 6.7b, a growth of 11% YoY (four-year CAGR at 13.6%). Volume growth stood at 11% YoY. Fabric care sustained double-digit growth (12%); healthy demand seen in the mid-price detergent powder. Dishwashing…
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Source: https://www.moneycontrol.com/