[ad_1] Recovery in the second half of 4QFY22 offsets the impact of the Omicron Covid wave. While business was affected for 35-40 days in 4QFY22, a quick recovery was witnessed in the latter half of the quarter. Sales were impacted by the start of the Omicron Covid wave in January 2022 and mid-February 2022. However, there was a strong recovery in the second half of 4QFY22 due to better footfalls and easing of restrictions. While a steady MoM recovery was observed, the revenue run-rate remained negative in March 2022 as…
Tag: Birla
Adani: Neither Tata nor Adani, the latest multibagger is a long forgotten Birla stock
[ad_1] A long forgotten auto stock from the stable of CK Birla Group Not only is it defying the ongoing sell-off on Dalal Street, it has also reversed multibagger, Iconic Hindustan Motors stock ambassador carhas increased by 125 percent in just 3 weeks when Sensex There was a loss of about 3 percent. Since May 25, Smallcap has been regularly hitting the upper circuits to reach new 52-week highs every day. On Monday too, the stock was trading at Rs 24.35, touching the upper circuit limit of 5 per cent.…