Pick of the Week: Jyothy Labs Ltd. - 11 MARCH 2024
Jyothy Labs Ltd (JLL) was founded in 1983 and was initially a single-product company with Ujala fabric whitener as the only product.
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Jyothy Labs Ltd - Outstanding Performance; Maintain BUY
Jyothy Labs’ results were strong and ahead of our/street estimates on the operating front. Revenue grew 11% YoY (vol. grew 9%), led by stable...
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Jyothy Labs Ltd - Embracing Transformation For Long-Term Growth
We are Initiating coverage of Jyothy Labs Ltd (JLL) with a BUY recommendation and a Target Price of Rs 440/share, which implies an upside of 20%...
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Marico - Acceleration in Diversified Portfolio While Core Stabilises
ICICI Securities research report onMarico Over the last few years, Nestle and Jyothy Labs delivered volume outperformance thanks to activating the...
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Top Sector Ideas - FMCG Q3FY24
Most staple companies under our coverage have indicated a subdued demand environment, particularly in the mass end of the segment, as rural areas...
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