TGV Terrible results for Q1

As expected and shared in previous video on chemical sector that companies will be reporting terrible results.

Check this video, incase you missed: https://youtu.be/gQLrWczQGTc 

TGV announced it's results and it was a disaster

FY 2023 PAT: 361 cr

Market cap as on 14th Aug: 1,006 cr ( 93)

Q1 PAT: 20 cr Vs 148 last year

Updates: Approval for setting up of another 20 MW Solar Power Plant near to factory at a total approximate cost of Rs. 74 Cr

The above proposal is in addition to earlier Board approvals for 40 MW Solar Power Plant

-  out of this 22.75 MW Solar Power Plant works completed and started power generation

-  balance 17.25 MW Solar Power Plant works are in progress satisfactorily  


Now will wait for a better level!!

52 Wk High182.00
52 Wk Low88.20


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