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 and are trading at ₹493.55 , down-from-52-week-high.
Kewal Kiran follows other major Consumer Discretionary sector earnings this month
Kewal Kiran's report follows an earnings beat by Bajaj Auto on October 14, 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 August 31 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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