Stove Kraft Q3 Results Review - Exports To Be Growth Driver; Yes Securities Reiterates 'Buy' On The Stock

Considering better than expected industry growth and continued strong growth potential and now with sustainable double digit margins potential the brokerage remains positive on the stock.

Yes Securities

04 Feb 2025, 10:39 AM IST i

<div class="paragraphs"><p>Stove Kraft Ltd. has delivered marginally lower than expected revenue growth with revenue growing 11.7% yoY (1.8% below estimates).</p><p> (Photo Source: Company website)</p></div>

Stove Kraft Ltd. has delivered marginally lower than expected revenue growth with revenue growing 11.7% yoY (1.8% below estimates).

(Photo Source: Company website)

Stove Kraft is setting up bakeware line for Walmart which is premium product and with this company expects its exports contribution to increase to 25% from current 12%.

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Stove Kraft Q3 Results Review - Exports To Be Growth Driver; Yes Securities Reiterates 'Buy' On The Stock

Considering better than expected industry growth and continued strong growth potential and now with sustainable double digit margins potential the brokerage remains positive on the stock.

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