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Q&A: Questions & Answers Portfolio Q&A

Pragnesh February 27, 2024, 8:05am 218

Astec ltd

Concall feb 2024

Astec Lifesciences Not-so-Hidden Gems

Feb 2024(From godrej agrovet concall) The Enterprise business has been facing extremely challenging external market conditions which have severely impacted on its top line and margin performance. Continued destocking in the export markets and excess supply from China resulted in a significant margin erosion of the Enterprise business. =========================== FUTURE GROWTH TRIGGERS R and D centre =As per Nadir godrej, for Astec, the future looks very bright because of the R&D center. …

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