Equity news
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Birla corp: company reverses price increases from june because of intense competition || q1 ebitda per ton drops year over year due to rising power and fuel expenses.
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Nbcc: receives new contracts valued at 108.85 crore rupees
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Nbcc: receives new contracts valued at 108.85 crore rupees.
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Dodla dairy: company gets approval to buy 2% share in sids farm private limited to grow dairy business.
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Landmark cars: expands mg presence in ahmedabad, gujarat with new mg experia outlet
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Laurus labs: company confident it will achieve at least 50% of total revenue from cdmo segment by fy '30. company's initial target for asset turnover ratio is above 1.0, while roce currently at 19% aims for 23% but will take time due to significant capital expenditures this year.
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Tata consumer: growth in businesses, especially sampann, led to better margins, with sampann showing 150-200 basis points year-over-year growth. future margin growth will be driven by pricing actions, improved us coffee margins, cost savings, and stable headcount.
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Tata consumer: expects strong revenue growth, aiming for 25% to 30% in growth segments and over 30% for overall portfolio.
