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Pragnesh August 22, 2023, 6:19am 181

Astec Lifesciences Not-so-Hidden Gems

Q1-2024(aug 2023) con call on astec life (from godrej agrovet) 1…PERFORMANCE There are 2 segments of the business. A…Enterprise business B…CDMO segment A…Enterprise business Poor performance was due to A1 -Demand-supply imbalance and depressed realizations in enterprise products portfolio in both domestic as well as global markets =Topline and profitability were severely impacted due to sluggish demand, lower realizations and high-cost inventories of enterprise products A2 -High-c…

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