Anand Rathi recommends BUY on Jyothy Laboratories
Jyothy Laboratories – Well-groomed; Buy Key takeaways from management interaction Volume upturn, overall. During 1HFY15, Jyothy Labs reported robust, 16% yoy, revenue growth through a mix of volume growth (8%) and price hikes (8%) driven by fabric care, dishwashes and personal care. Delayed offtake due to a volatile season saw lower volume growth in …