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Jyothy Labs Can Rally 21% Projects Geojit, Maintaining Buy On The Stock — Here's Why
Geojit maintains Buy rating on Jyothy Labs considering expected improvement in demand and recent correction in stock price.
11 Mar 2025, 05:04 PM IST 
Jyothy Labs has a strong balance sheet and cash flow generation, says the brokerage.
(Photo Source: Company website)
Jyothy Labs has a strong focus on distribution and direct reach has increased to 1.2 million from 86,000 in FY21. This, along with new launches, has strongly supported double digit growth in last two years. Jyothy Labs will continue to add the distribution carefully.
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