Novelis posts strong third quarter with its full year EBITDA at the higher end of its forecast. #HINDALCO in focus. Also has result today.
Gammon Infra-led consortium received EPC order worth Rs 577 crore from NHAI.
Ashok Leyland Q3 (YoY): Revenue up 57.5 % at Rs 7,113 Cr. Net profit up 178 % at Rs 450 Cr. EBITDA up 74 % at Rs 788.5 Cr. Margin at 11.1 % versus 10 %.
Zee Media Q3 (YoY): Revenue up 44.5 % at Rs 159 Cr. Net profit of Rs 10.3 Cr Vs net loss of Rs 6.2 Cr. EBITDA up 81 % at Rs 38 Cr. Margin at 23.9 % Vs 19.1 %.
Stocks To Watch:
Positive: #GAMMNINFRA #ASHOKLEY #ZEEMEDIA