DSIJ Mindshare

Today, the stock of this company was locked at 20 per cent at Rs 43.80.

In a recent development, the company announced that its subsidiary - GHG Reduction Technologies Pvt Ltd has completed the capacity expansion to achieve one of the highest production capacities in the world.   

The company reported much-improved quarterly performance in Q1FY23 by registering astonishing healthy growth in the top-line as well as the bottom line.   

Gross Margin has slightly improved as compared to last quarter due to easing input cost pressure and pass through to the customers. However, revenue and consequently profitability during the quarter got impacted due to spill over of service billing followed by non-availability of required infrastructure from the customer end and also continued shortage of semiconductors.