Supreme Industries Shares Fall 4% as Management Withholds Volume Growth Guidance
Supreme Industries’ net profit rose year on year to Rs 262 crore from Rs 165 crore, below the Rs 304 crore consensus estimate. Shares closed down 4% on Monday, October 26.
Net profit increases 58.8 per cent year on year to Rs 262 crore from Rs 165 crore, but fall short of the consensus estimate of Rs 304 croreShares of Supreme Industries closed 4 per cent on Monday, October 26, after the company’s September-quarter earnings missed analyst expectations on profitabilit…