Globus Spirits

In Q4FY22, EBITDA margin contracted by 720 basis points (bps) year-on-year to 17.6 per cent.

The company reported lower capacity utilisation sequentially at 90% in Q2 on account of unplanned shutdown at Bihar facility

The company said the new capacity additions and strong balance sheet is likely to take the company to new heights going forward.

On Wednesday, August 12, promoter Ram Bagh Facility Services LLP bought an additional 162,000 shares, while Long Term Equity Fund purchased 175,000 shares of the company

Between June 14 and June 17, Franklin Strategic Emerging Markets Fund IV sold 1.96 million shares, representing 6.8 per cent stake of Globus Spirits, through a bulk deals on the NSE

In the past two days, Franklin Strategic Emerging Markets Fund IV sold 799,000 shares, representing a 2.7 per cent stake, of Globus Spirits through a bulk deal on the National Stock Exchange

In Q4FY21, the company's Ebitda margin grew by over 1,140 bps YoY to 24.9 per cent, on account of higher share of consumer business, and better realizations on ENA and ethanol

Weightage-wise, Infosys (up 3 per cent), Reliance Industries, ICICI Bank, M&M, and TCS contributed around 408-points towards overall gains on the index

In Q1FY21, the company's Ebitda margin grew by 785 basis points YoY to 18.0 per cent on account of higher ENA realisations and softening raw material and fuel prices