Investing.com - Kewal Kiran reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kewal Kiran announced earnings per share of ₹6.34 on revenue of ₹2.26. Analysts polled by Investing.com anticipated EPS of ₹3.42 on revenue of ₹1,512M.
Kewal Kiran shares are up 110.51% from the beginning of the year , still down 2.98% from its 52 week high of ₹508.70 set on Friday, October 21, 2022.
Kewal Kiran follows other major Consumer Discretionary sector earnings this month
Kewal Kiran's report follows an earnings beat by Bajaj Auto on Friday, October 14, 2022, who reported EPS of ₹60.1 on revenue of ₹102.0B, compared to forecasts EPS of ₹48.82 on revenue of ₹99.12B.
Dixon Tech had missed expectations on Wednesday, August 31, 2022 with third quarter EPS of ₹7.7 on revenue of ₹28.55B, compared to forecast for EPS of ₹7.77 on revenue of ₹28.6B.
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