Monday, March 28, 2022

Gross margins will compress more as inflation delays normal, says Sanjeev Prasad of Kotak Equities

Gross margins will compress more as inflation delays normal, says Sanjeev Prasad of Kotak Equities Gross margins, difference between net sales and cost of goods sold, have been squeezed by an unprecedented increase in input costs across the board led by global crude oil.

from Moneycontrol Market Outlook https://ift.tt/cxu0peW

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ITC, Godfrey Phillips shares crack up to 8% on New Year’s Day. What’s the bad news?

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