Wed, Nov 27, 2024 2:05 PM
Buy Gulf Oil Lubricants; target of Rs 1800: Emkay Global Financial
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Indian Paper Manufacturers Association (IPMA) raises concerns over rising imports of virgin fibre paperboard from China and Chile, citing "below-cost" shipments that threaten local producers and investments, with imports growing over three-fold to 21,233 tonnes per month in 2024-25, and demands a level-playing field.
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Texel Industries reports a 11.69% increase in net sales to Rs 27.85 crore and a 138.72% surge in quarterly net profit to Rs 0.84 crore in September 2024, with EBITDA up 801.96% to Rs 4.60 crore, and EPS increasing to Rs 1.00. Texel Ind shares closed at 81.15 on November 26, 2024, with 113.61% returns over the last 6 months.
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Reported Standalone quarterly numbers for Promact Impex are: Net Sales at Rs 0.17 crore in September 2024 up 1.34% from Rs. 0.17 crore in September 2023. Quarterly Net Loss at Rs. 0.03 crore in September 2024 up 6.44% from Rs. 0.04 crore in September 2023. EBITDA stands at Rs. 0.11 crore in September 2024 down 15.38% from Rs. 0.13 crore in September 2023.
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