Buy Symphony; target of Rs 1291: YES Securities
YES Securities is bullish on Symphony has recommended buy rating on the stock with a target price of Rs 1291 in its research report dated February 08, 2023.11-02-2023
11-02-2023
Symphony Limited - 517385 - Launch Of Air Cooler Range With BLDC Technology
Launch of air cooler range with BLDC technology10-02-2023
Symphony Limited - 517385 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper clippings of publication of financial results09-02-2023
Symphony Limited - 517385 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
One-on-one meeting / video call with Institutional Investor(s)09-02-2023
Symphony Limited - 517385 - Audio Recording Of Q3 FY23 Earnings Call
Audio Recording Of Q3 FY23 Earnings Call08-02-2023
Symphony Limited - 517385 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation about Issuance of Duplicate Share Certificate(s)08-02-2023
Symphony Limited - 517385 - Revision Of Shareholders' Reward Policy
Revision of Shareholders' Reward Policy08-02-2023
Q3FY23 Quarterly Result Announced for Symphony Ltd.
Consumer electronics firm Symphony announced Q3FY23 results: Q3FY23: Q3FY23 recorded the highest-ever third-quarter standalone sales vs the previous historical high. Robust off-season sales: Trade sentiment is quite positive and buoyant. Gross margin on YoY basis: Standalone gross margin: 45.4% (+140 bps). Consolidated gross margin: 43.7% (-60 bps). EBITDA margin improved on a YoY basis Standalone EBITDA margin: 25.0% (+300 bps). Consolidated EBITDA margin: 15.8% (+140 bps). Price hike Value accretive product upgradation Softening of input cost The Board of Directors at its meeting held on February 08, 2023, has approved a proposal to buy back shares at Rs 2,000 per share upto 10,00,000 equity shares for an aggregate amount upto Rs 200 crore (plus buyback tax and expenses in all amounting to approx. Rs 250 crore) subject to shareholders approval by way of postal ballot. Result PDF08-02-2023
Symphony Limited - 517385 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings Presentation -Q3FY2308-02-2023