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Pragnesh August 20, 2023, 6:19pm 179

Ganesha eco concall Q1-2024

Ganesha Ecosphere - Green Earth play Untested - but worth a good look

Q1-2024- concall 1…PERFORMANCE =Textile sector is amongst the worst hit due to downturn in western world persisting since last 15 months. Exports of textile sector is constantly declining. During June, 23 quarter, shipments of manmade products saw a 17.22% decline. Slowdown in Europe and US prompted the dumping from China in domestic market which led to demand and pricing pressure on domestic suppliers. =Prices of yarn and fibres slided and affected the textile industry top and bottom line…

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